NOT LISTED FOR SALE

2500 Davidson Dr Monterey Park, CA 91754

Monterey Park Area

Estimated Value: $941,413

0.93 Acre
$1,008,706 Price per Acre
40,654 Sq Ft Lot

Sale Details

Date Sold: May 12, 2021

Last sale price $799,000

Est. 18% increase in value since last sale

Current estimated payment $6,292 / mo

152 Days on Market

Highlights

  • 40,654 Sq Ft lot
  • Monterey Highlands Elementary School Rated A
  • View of Hills

About This Lot

As of May 2021

Take this great opportunity to build on a commercial lot in the heart of Monterey Park! CORNER lot with great visibility for business and heavy traffic on Monterey Pass. This lot has a mild slope and large flat portion on top of appx 25,000sf. Total lot size is appx 40,654 sf, zoned S-C (Shopping Center) with multitude of business opportunities for most commercial uses. Environmental Phase 1 completed. Please check with City of Monterey Park for specific questions. Surrounded by office and industrial buildings and conveniently located near freeway access. There is an Association fee of $510/mo. Lots like this don't last long in this market! Buyer to verify all information and rely on their own investigations. Sold AS-IS & WHERE IS. Drive by and MAKE OFFER.

Last Agent to Sell the Property

Shawn Kormondy

Keller Williams Beverly Hills License #01451888 Listed on: 01/30/2019

Keller Williams Beverly Hills

Co-Listed By

Sabina Yi

Keller Williams Beverly Hills License #01964836

Keller Williams Beverly Hills

Last Buyer's Agent

Sabina Yi

Keller Williams Beverly Hills License #01964836

Keller Williams Beverly Hills

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • 40,654 Sq Ft Lot
  • Property is zoned S-C

Property Views

  • Views of Hills

Listing and Financial Details

  • Assessor Parcel Number 5237-024-061

Property Details

Property Type

Land

Lot Details

0.93 Acres

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Advertising Remarks: Take this great opportunity to build on a commercial lot in the heart of Monterey Park! CORNER lot with great visibility for business and heavy traffic on Monterey Pass. This lot has a mild slope and large flat portion on top of appx 25,000sf. Total lot size is appx 40,654 sf, zoned S-C (Shopping Center) with multitude of business opportunities for most commercial uses. Environmental Phase 1 completed. Please check with City of Monterey Park for specific questions. Surrounded by office and industrial buildings and conveniently located near freeway access. There is an Association fee of $510/mo. Lots like this don't last long in this market! Buyer to verify all information and rely on their own investigations. Sold AS-IS & WHERE IS. Drive by and MAKE OFFER.
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Hills
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Condo/Co-op/Association

  • HOA Fees: 500.00

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5237-024-061
  • Geocode Override: No
  • Lot Size Area: 40654

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2019
Closed on
May 9, 2021
Sold by
Perry Marshall and Jolaoso-Perry Kofoworola
Bought by
Seller's Agent
Shawn Kormondy
Keller Williams Beverly Hills
Buyer's Agent
Sabina Yi
Keller Williams Beverly Hills
List Price
$799,000
Sold Price
$799,000
Current Estimated Value
$941,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,413
Avg. Annual Appreciation
3.10%

Purchase Details

Closed on
Jan 4, 2018
Sold by
Perry Marshall
Bought by
Perry Marshall and Jolaoso Perry Kofoworola

Purchase Details

Closed on
Jun 26, 2017
Sold by
Perry Kofoworola Jolaoso
Bought by
Perry Marshall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,750
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2017
Sold by
Wu Sheila Tsai
Bought by
Perry Marshall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,750
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2012
Sold by
Tsai Major and Tsai Fu Chuan
Bought by
Wu Sheila Tsai

Purchase Details

Closed on
Aug 18, 2012
Sold by
Wu Samuel Shih Hsien
Bought by
Wu Sheila Tsai

Purchase Details

Closed on
May 6, 2010
Sold by
Wu Joyce C
Bought by
Tsai Major and Tsai Fu Chuan

Purchase Details

Closed on
Mar 6, 1997
Sold by
Major Tsai Llc and Tsai Major M T
Bought by
Tsai Major and Tsai Fu Chuan
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Monterey Park, CA

  • Roseann Oesterreich Real Estate Agent - Coldwell Banker Envision

    Roseann Oesterreich

    Coldwell Banker Envision

    (424) 306-0403

    30 Total Sales

    1 in Monterey Park

    $840,000 Price

    Roseann Oesterreich
     Section Image
  • Ken Sisson Real Estate Agent - Christie's International Real Estate SoCal

    Ken Sisson

    Responds Quickly

    Christie's International Real Estate SoCal

    (424) 373-6518

    32 Total Sales

    1 in Monterey Park

    $685,000 Price

    Ken Sisson
     Section Image
  • Eli Strickland Real Estate Agent - RE/MAX INNOVATIONS

    Eli Strickland

    Responds Quickly

    RE/MAX INNOVATIONS

    (833) 400-8714

    139 Total Sales

    6 in Monterey Park

    $605K - $1.4M Price Range

    Eli Strickland
     Section Image
  • Winnie Tran Real Estate Agent - AMG REAL ESTATE

    Winnie Tran

    AMG REAL ESTATE

    (626) 605-2297

    60 Total Sales

    2 in Monterey Park

    $740K - $990K Price Range

    Winnie Tran
     Section Image
  • Allison Van Wig Real Estate Agent - Keller Williams Coastal Prop.

    Allison Van Wig

    Responds Quickly

    Keller Williams Coastal Prop.

    (562) 582-8861

    236 Total Sales

    1 in Monterey Park

    $1,360,000 Price

    Allison Van Wig
     Section Image
  • Jovon Yanez Real Estate Agent - Price Real Estate Group Inc

    Jovon Yanez

    Price Real Estate Group Inc

    (424) 541-1012

    36 Total Sales

    1 in Monterey Park

    $1,300,000 Price

    Jovon Yanez
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
Perry Marshall -- Title 365
Perry Marshall $700,000 Title 365
Wu Sheila Tsai $360,000 Title 365
Wu Sheila Tsai -- Title 365
Tsai Major $20,000 Advantage Title Inc
Tsai Major -- Investors Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $306,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/12/2021 05/12/21 Sold $799,000 0.0% --
07/01/2019 07/01/19 Pending -- -- --
01/30/2019 01/30/19 For Sale $799,000 -- --
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,243 $3,512,159 $882,159 $2,630,000
2025 $11,243 $864,862 $864,862
2024 $10,935 $847,904 $847,904
2023 $12,281 $831,279 $831,279 $0
2022 $10,190 $814,980 $814,980 $0
2021 $9,484 $750,540 $750,540 $0
2020 $9,432 $742,845 $742,845 $0
2019 $11,442 $728,280 $728,280 $0
2018 $10,493 $714,000 $714,000 $0
2016 $8,320 $669,371 $669,371 $0
2015 $8,194 $659,317 $659,317 $0
2014 $8,089 $646,402 $646,402 $0
Source: Public Records

Agents Affiliated with this Home

  • Shawn Kormondy Real Estate Agent - Keller Williams Beverly Hills

    Seller's Agent in 2021

    Shawn Kormondy

    Keller Williams Beverly Hills

    (323) 638-7567

    130 Total Sales

    Shawn Kormondy
    Section Image
  • Sabina Yi Real Estate Agent - Keller Williams Beverly Hills

    Seller Co-Listing Agent in 2021

    Sabina Yi

    Keller Williams Beverly Hills

    (213) 344-6970

    94 Total Sales

    Sabina Yi
    Section Image
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Map

Source: The MLS

MLS Number: 19-429526

The MLS

APN: 5237-024-061

California Los Angeles County Monterey Park 91754

2500 Davidson Dr, Monterey Park, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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