$725,000
SOLD FEB 20, 2025
2 Beds
2.5 Baths
1,180 Sq Ft
$390/mo HOA Fee

Recently Sold

$614 Per Sq Ft

4% Below List Price

387 Days on Market

Highlights

  • 2.02 Acre Lot
  • Neighborhood Views
  • Security Service
  • Monterey Highlands Elementary School Rated A
  • Living Room
  • Controlled Access

About This Home

As of February 2025

These newly-constructed condos, located in the heart of Monterey Park, boast six-stories of 84 residential units, two central gardens, and a spacious multifunction room. The elegant central gardens which include shaded areas to lounge and dine alfresco come with professional landscape views: the verdant neighborhood and the magnificent view of the mountains. With their prime location in bustling Monterey Park and close to the I-10 freeway, you will experience the growing cultural diversity, active recreation, and contemporary living that the city has to offer. Nearby shopping areas and landmarks include the Atlantic Time Square shopping plaza, AMC, 24 hour fitness, Ralphs, Marriott hotel, and a new Holiday Inn Hotel near the I-10. Each unit was thoughtfully designed for your comfort and enjoyment with large windows for an abundance of natural light and include two reserved parking spaces within the private residential parking garage to ensure your security. Find your new home with us today!

Last Agent to Sell the Property

Nina Su

High Ten Partners, Inc. Brokerage Phone: 818-468-5792 License #01016066 Listed on: 01/17/2024

High Ten Partners, Inc.

Last Buyer's Agent

Ming-wen Lee

High Ten Partners, Inc. License #00926405

High Ten Partners, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,012

Year Built

  • Built in 2022

HOA Fees

  • $390 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 1,180 Sq Ft Home
  • Living Room
  • Neighborhood Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • 1 Common Wall
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 74409
  • Assessor Parcel Number 5256002164

Community Details

Overview

  • 84 Units
  • Pacific Plaza Monterey Park Homeowners Association
  • 6-Story Property

Amenities

  • Recreation Room

Pet Policy

  • Pet Restriction

Security

  • Security Service
  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,012

Year Built

Built in 2022

Lot Details

0

HOA Fees

$390 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: washing machine, dryer, and microwave
  • Property Attached: Yes
  • View: Yes
  • Zoning: MPSP*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5256002164
  • Year Built: 2022
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1180.00 Square Feet
  • Stories: 6
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 614.41
  • Room Type: Kitchen, Living Room, Primary Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Recreation Room, Pet Rules, Management, Security, Controlled Access
  • Association Fee: 389.50
  • Association Fee Frequency: Monthly
  • Association Name: Pacific Plaza Monterey Park Homeowners Association
  • Phone: 0000000000
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Suburban
  • Association Management: Pacific Plaza Monterey Park Homeowners Association

Schools

  • School District: Alhambra

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 87942.00
  • Lot Size Acres: 2.0189

Multi Family

  • Lease Considered: No
  • Lot Size Area: 87942.0000 Square Feet
  • Number Of Units In Community: 84
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4817.13
  • Tax Lot: 1
  • Tax Tract Number: 74409

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2024
Closed on
Feb 5, 2025
Sold by
Pacific Plaza Monterey Park Llc
Bought by
Wang Kuang Hua and Wzi Ying Yen
Seller's Agent
Nina Su
High Ten Partners, Inc.
Buyer's Agent
Ming-wen Lee
High Ten Partners, Inc.
List Price
$755,000
Sold Price
$725,000
Premium/Discount to List
-$30,000
-3.97%
Total Days on Market
387
Views
66
Current Estimated Value
$737,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,896
Avg. Annual Appreciation
6.50%
Original Mortgage
$425,000
Outstanding Balance
$423,350
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$314,546
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $725,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $425,000 New Conventional
Previous Owner $8,600,000 New Conventional
Previous Owner $15,500,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2025 02/20/25 Sold $725,000 -4.0% $614 / Sq Ft
02/07/2025 02/07/25 Pending -- -- --
01/17/2024 01/17/24 For Sale $755,000 -- $640 / 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
2024 $6,012 $441,322 $132,743 $308,579
2023 $5,892 $432,670 $130,141 $302,529
2022 $3,205 $227,246 $127,590 $99,656
2021 $3,098 $222,791 $125,089 $97,702
2020 $1,928 $123,807 $123,807 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS24010177

California Regional Multiple Listing Service (CRMLS)

APN: 5256-002-164