NOT LISTED FOR SALE

233 N New Ave Monterey Park, CA 91755

11 Beds
5 Baths
3,834 Sq Ft
7,645 Sq Ft Lot

Last Sold April 26, 2013

Last sale price $1,088,000 $284 Per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • Laundry Room
  • Monterey Vista Elementary School Rated A-
  • Cooling System Mounted To A Wall/Window
  • 5 Carport Spaces

About This Home

As of April 2013

This home is located at 233 N New Ave, Monterey Park, CA 91755 since 26 April 2013. This property was built in 1965. 233 N New Ave is a home located in Los Angeles County with nearby schools including Monterey Vista Elementary School, Garvey (Richard) Intermediate School, and Mark Keppel High School.

Last Agent to Sell the Property

Amy Wang

High Ten Partners, Inc. License #01349731 Listed on: 04/26/2013

High Ten Partners, Inc.

Last Buyer's Agent

Amy Wang

High Ten Partners, Inc. License #01349731 Listed on: 04/26/2013

High Ten Partners, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 7,645 Sq Ft Lot
  • 1 Common Wall

Home Design

  • 3,834 Sq Ft Home
  • Property Attached

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room

Parking

  • 9 Parking Spaces
  • 5 Carport Spaces
  • Parking Available
  • Paved Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 35
  • Tax Tract Number 3511
  • Assessor Parcel Number 5258007071

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • 5 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $453
  • Gardener Expense $480
  • Insurance Expense $3,115
  • Maintenance Expense $2,000
  • Water Sewer Expense $4,380
  • New Taxes Expense $13,600
  • Gross Income $5,810
  • Net Operating Income $45,372

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • CapRate: 4.17
  • Property Attached: Yes
  • Water Sewer Expenses: 4380.00
  • Zoning: mpr3
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 5258007071
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Levels: Two
  • Price Per Square Foot: 283.78

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 5.00
  • Parking: Yes
  • Parking Features: Attached Carport, Detached Carport, Concrete
  • Total Parking Spaces: 9.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7645.00
  • Lot Size Acres: 0.1760

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 453.00
  • Gross Income: 5810.00
  • Gross Multiplier: 15.60
  • Gross Scheduled Income: 69720.00
  • Insurance Expense: 3115.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 7645.0000 Square Feet
  • Maintenance Expense: 2000.00
  • Net Operating Income: 45372.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 24348.00
  • Rent Control: No
  • Total Actual Rent: 5730.00

Tax Info

  • New Taxes Expense: 13600.00
  • Tax Lot: 35
  • Tax Tract Number: 3511
  • Tax Year: 2012

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2013 04/26/13 Sold $1,088,000 0.0% $284 / Sq Ft
04/26/2013 04/26/13 Pending -- -- --
04/26/2013 04/26/13 For Sale $1,088,000 -- $284 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Amy Wang

    Seller's Agent in 2013

    Amy Wang

    High Ten Partners, Inc.

    (626) 462-5612

    21 Total Sales

    Amy Wang
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR13076134

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Monterey Park 91755

233 N New Ave, Monterey Park, CA

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