NOT LISTED FOR SALE

321 W Riggin St Monterey Park, CA 91754

Estimated Value: $911,000 - $1,091,000

4 Beds
2 Baths
1,768 Sq Ft
$566/Sq Ft Est. Value

Last Sold December 30, 2015

Last sale price $618,000 $350 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $6,041/month

18 Days on Market

Highlights

  • Private Yard
  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • No HOA
  • Laundry Room
  • 2 Car Garage

About This Home

As of December 2015

AMAZING DUPLEX - GREAT FLOOR PLAN - Located in prime location approx. 15 minutes from Downtown L.A. near schools, shopping center, restaurants and freeways. Each unit has 2 bedrooms + 1 bath. 2 car detached garage and separate backyard. Great tenants have been there for over 30 years! No Rent Control

Last Agent to Sell the Property

Rick Saroukhanian

RS Real Estate Group License #00990232 Listed on: 11/10/2015

Last Buyer's Agent

Rick Saroukhanian

RS Real Estate Group License #00990232 Listed on: 11/10/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,653

Year Built

  • Built in 1949

Lot Details

  • 6,303 Sq Ft Lot
  • 1 Common Wall
  • Private Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Home Design

  • Property Attached

Interior Spaces

  • 1,768 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 265
  • Tax Tract Number 15673
  • Assessor Parcel Number 5273014036

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $3,200
  • Net Operating Income $34,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,653

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 5273014036
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 349.55

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage - Two Door
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 6303.00
  • Price Per Lot Square Foot: 98.05
  • Lot Size Acres: 0.1450

Multi Family

  • Average2 Bed Area: 884
  • Gross Income: 3200.00
  • Gross Scheduled Income: 38400.00
  • Lot Size Area: 6303.0000 Square Feet
  • Net Operating Income: 34560.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 3840.00
  • Operating Expense Percent: 10.00
  • Rent Control: No

Tax Info

  • Tax Lot: 265
  • Tax Tract Number: 15673

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2016
Sold by
Li Chris Xiyan
Bought by
Li Chris Xiyan and Li Family Trust
Current Estimated Value
$1,000,614

Purchase Details

Listed on
Nov 10, 2015
Closed on
Dec 24, 2015
Sold by
Stasevich Konstantyn
Bought by
Li Chris Xiyan and Tan Jing Wen
Seller's Agent
Rick Saroukhanian
RS Real Estate Group
Buyer's Agent
Rick Saroukhanian
RS Real Estate Group
List Price
$559,000
Sold Price
$618,000
Premium/Discount to List
$59,000
10.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%
Original Mortgage
$417,000
Outstanding Balance
$330,543
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$670,071

Purchase Details

Closed on
Sep 21, 1999
Sold by
Stasevich Konstantyn
Bought by
Stasevich Konstantyn
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Li Chris Xiyan -- None Available
Li Chris Xiyan -- None Available
Li Chris Xiyan $618,000 North American Title Co
Stasevich Konstantyn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Chris Xiyan $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2015 12/30/15 Sold $618,000 +10.6% $350 / Sq Ft
11/28/2015 11/28/15 Pending -- -- --
11/10/2015 11/10/15 For Sale $559,000 -- $316 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $9,653 $731,579 $414,325 $317,254
2024 $9,653 $717,235 $406,201 $311,034
2023 $9,678 $703,173 $398,237 $304,936
2022 $9,350 $689,386 $390,429 $298,957
2021 $9,034 $675,870 $382,774 $293,096
2019 $8,685 $655,825 $371,422 $284,403
2018 $8,827 $642,967 $364,140 $278,827
2016 $8,457 $618,000 $350,000 $268,000
2015 $1,140 $57,284 $28,744 $28,540
2014 $1,139 $56,162 $28,181 $27,981
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Rick Saroukhanian

    RS Real Estate Group

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15245589

California Regional Multiple Listing Service (CRMLS)

APN: 5273-014-036

California Los Angeles County Monterey Park 91754

321 W Riggin St, Monterey Park, CA

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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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