240 S Ynez Ave Monterey Park, CA 91754
3
Beds
3
Baths
1,602
Sq Ft
10,005
Sq Ft Lot
Highlights
- Primary Bedroom Suite
- Craftsman Architecture
- Bonus Room
- Ynez Elementary School Rated A-
- Wood Flooring
- 4-minute walk to Barnes Park
About This Home
As of October 2024Rare find! Excellent opportunity to fix and save or invest and develop! Currently featuring a 1,600 sq ft single-family Craftsman-style home with 3 bedrooms, 3 bathrooms, and a detached 2-car garage, this home is ideal for those looking to fix and save or re-imagine the property’s full potential with R3 zoning for multifamily development on a sprawling 10,000 sq ft corner lot in the heart of Monterey Park. Located in a desirable neighborhood known for its vibrant community, the property is within the highly rated Ynez Elementary and Keppel High School district. Enjoy easy access to a variety of shopping, dining, and outdoor recreation options, while being conveniently close to major freeways, including the 10, 710, 60, 5, and 110, making commuting a breeze. Whether you're looking to invest, completely redevelop, or simply fix and save, this property is a golden opportunity with endless possibilities!
Last Agent to Sell the Property
Equity Union License #00985615 Listed on: 09/10/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,137
Year Built
- Built in 1926
Lot Details
- 10,005 Sq Ft Lot
- Wood Fence
- Chain Link Fence
- Landscaped
- Corner Lot
- Private Yard
- Lawn
- Back and Front Yard
- Property is zoned MPR3YY
Parking
- 2 Car Garage
- Parking Available
- Front Facing Garage
- Side by Side Parking
- Single Garage Door
- Garage Door Opener
- Driveway
- RV Potential
Home Design
- Craftsman Architecture
- Fixer Upper
- Raised Foundation
- Wood Product Walls
- Frame Construction
- Wood Siding
Interior Spaces
- 1,602 Sq Ft Home
- 1-Story Property
- Built-In Features
- Chair Railings
- Crown Molding
- Decorative Fireplace
- Jalousie or louvered window
- Wood Frame Window
- Panel Doors
- Living Room with Fireplace
- Dining Room
- Bonus Room
- Center Hall
Kitchen
- Breakfast Area or Nook
- Gas Range
- Tile Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Primary Bedroom Suite
- Makeup or Vanity Space
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Washer Hookup
Outdoor Features
- Wrap Around Porch
- Open Patio
Schools
- Mark Keppel High School
Utilities
- Cooling System Mounted To A Wall/Window
- Whole House Fan
- Floor Furnace
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 5 / D
- Tax Tract Number 786
- Assessor Parcel Number 5257009006
- Seller Considering Concessions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 10, 2024
Closed on
Oct 2, 2024
Sold by
Huang Jen-Chung
Bought by
Fong Justin and Fong Jimmy
Seller's Agent
Stephanie Vitacco
Equity Union
Buyer's Agent
Raymond Guan
Coldwell Banker Realty
List Price
$999,000
Sold Price
$1,210,000
Premium/Discount to List
$211,000
21.12%
Views
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,016
Avg. Annual Appreciation
-3.53%
Original Mortgage
$760,000
Outstanding Balance
$753,632
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$417,008
Purchase Details
Closed on
Apr 18, 2012
Sold by
Huang Ken Fu and Huang Hsiao Yueh Ti
Bought by
Huang Hsiao Yueh Ti and Huang Jen Chung
Similar Homes in Monterey Park, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,210,000 | Lawyers Title Company | |
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $760,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/08/2024 10/08/24 | Sold | $1,210,000 | +21.1% | $755 / Sq Ft |
| 09/19/2024 09/19/24 | Pending | -- | -- | -- |
| 09/10/2024 09/10/24 | For Sale | $999,000 | -- | $624 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,137 | $1,210,000 | $1,099,400 | $110,600 |
| 2024 | $7,137 | $522,111 | $364,495 | $157,616 |
| 2023 | $6,994 | $511,875 | $357,349 | $154,526 |
| 2022 | $6,670 | $501,840 | $350,343 | $151,497 |
| 2021 | $6,589 | $492,001 | $343,474 | $148,527 |
| 2019 | $6,359 | $477,411 | $333,288 | $144,123 |
| 2018 | $6,285 | $468,051 | $326,753 | $141,298 |
| 2017 | $6,218 | $458,875 | $320,347 | $138,528 |
| 2016 | $5,811 | $449,878 | $314,066 | $135,812 |
| 2015 | $5,721 | $443,121 | $309,349 | $133,772 |
| 2014 | $5,645 | $434,442 | $303,290 | $131,152 |
Source: Public Records
Agents Affiliated with this Home
-
Stephanie Vitacco
Seller's Agent in 2024
Stephanie Vitacco
Equity Union
(818) 298-1187
1 in this area
728 Total Sales
-
Raymond Guan
Buyer's Agent in 2024
Raymond Guan
Coldwell Banker Realty
(626) 898-3465
3 in this area
11 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR24185925
APN: 5257-009-006
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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