346 E Graves Ave Monterey Park, CA 91755
Estimated payment $7,357/month
About This Home
Great location in Monterey Park perfect owner occupancy with rental income generated, possible addition for standard ADU, large lot , long driveway, currently consisting of 3 units - Duplex of 1 bedroom each in the front and good size home of 3 bedrooms with 2 bathrooms with open patio or use for carport and there are plenty of space for parking enough for all the units. Priced for quick sale.
Listing Agent
First American Team Realty Inc Brokerage Phone: 562-209-2927 License #01273285 Listed on: 07/19/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1944
Lot Details
- 9,928 Sq Ft Lot
- 1 Common Wall
Parking
- 2 Car Garage
- 2 Carport Spaces
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 2,041 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Legal Lot and Block 17 / 2
- Tax Tract Number 4461
- Assessor Parcel Number 5260003024
- $864 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- 3 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,800
- Trash Expense $1,000
- Water Sewer Expense $1,200
- Operating Expense $4,000
- Gross Income $80,400
- Net Operating Income $72,400
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,924 | $737,286 | $438,314 | $298,972 |
| 2024 | $9,924 | $722,830 | $429,720 | $293,110 |
| 2023 | $9,727 | $708,658 | $421,295 | $287,363 |
| 2022 | $9,279 | $694,764 | $413,035 | $281,729 |
| 2021 | $9,167 | $681,142 | $404,937 | $276,205 |
| 2020 | $9,115 | $674,358 | $400,785 | $273,573 |
| 2019 | $8,848 | $661,140 | $392,927 | $268,213 |
| 2018 | $8,735 | $648,181 | $385,223 | $262,958 |
| 2016 | $8,121 | $622,820 | $370,265 | $252,555 |
| 2015 | $7,995 | $613,466 | $364,704 | $248,762 |
| 2014 | $5,913 | $438,433 | $260,433 | $178,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/29/2025 12/29/25 | Price Changed | $1,250,000 | +4.2% | $612 / Sq Ft |
| 09/02/2025 09/02/25 | Price Changed | $1,200,000 | -11.1% | $588 / Sq Ft |
| 08/19/2025 08/19/25 | Price Changed | $1,350,000 | -2.9% | $661 / Sq Ft |
| 08/09/2025 08/09/25 | Price Changed | $1,390,000 | -0.6% | $681 / Sq Ft |
| 08/03/2025 08/03/25 | For Sale | $1,399,000 | 0.0% | $685 / Sq Ft |
| 08/02/2025 08/02/25 | Off Market | $1,399,000 | -- | -- |
| 07/19/2025 07/19/25 | For Sale | $1,399,000 | -- | $685 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Gift Deed | -- | -- | |
| Grant Deed | -- | -- | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $140,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25162763
APN: 5260-003-024
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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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