NOT LISTED FOR SALE

Estimated Value: $749,000 - $776,000

2 Beds
2.5 Baths
1,180 Sq Ft
$390/mo HOA Fee

Last Sold February 27, 2024

Last sale price $733,712 $622 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,103/month

49 Days on Market

Highlights

  • New Construction
  • 2.02 Acre Lot
  • High Ceiling
  • Monterey Highlands Elementary School Rated A
  • Open Floorplan
  • Quartz Countertops

About This Home

As of February 2024

These newly constructed apartments, 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, and a new Marriott 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. License #01016066 Listed on: 12/12/2023

High Ten Partners, Inc.

Last Buyer's Agent

Nina Su

High Ten Partners, Inc. License #01016066 Listed on: 12/12/2023

High Ten Partners, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,012

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 2.02

HOA Fees

  • $390 Monthly HOA Fees

Interior Spaces

  • 1,180 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Living Room
  • Neighborhood Views

Kitchen

  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Parking Available
  • Assigned Parking

Outdoor Features

  • Balcony
  • Patio

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 5256002185
  • $84 per year additional tax assessments

Community Details

Overview

  • 84 Units
  • Pacific Plaza 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 | New Construction

Lot Details

0

HOA Fees

$390 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: washing machine, dryer, refrigerator, and microwave
  • Property Attached: Yes
  • View: Yes
  • Zoning: MPSP*
  • New Construction: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5256002185
  • Year Built: 2022
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 1180.00 Square Feet
  • Interior Amenities: Balcony, High Ceilings, Open Floorplan, Quartz Counters
  • 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: 621.79
  • Room Type: Kitchen, Living Room, Primary Bedroom

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Patio
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

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 Park Homeowners Association
  • Phone: 00000000
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Suburban
  • Association Management: Pacific Plaza Park Homeowners Association

Schools

  • School District: Alhambra

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • 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
  • TaxOtherAnnualAssessmentAmount: 84.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2023
Closed on
Feb 20, 2024
Sold by
Pacific Plaza Monterey Park Llc
Bought by
Han Heather
Seller's Agent
Nina Su
High Ten Partners, Inc.
Buyer's Agent
Nina Su
High Ten Partners, Inc.
List Price
$769,000
Sold Price
$733,712
Premium/Discount to List
-$35,288
-4.59%
Views
50
Current Estimated Value
$762,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,848
Avg. Annual Appreciation
2.71%
Original Mortgage
$570,000
Outstanding Balance
$561,121
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$201,439
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
Han Heather $734,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Han Heather $570,000
Previous Owner Pacific Plaza Monterey Park Ll $3,000,000
Previous Owner Pacific Plaza Monterey Park Ll $15,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2024 02/27/24 Sold $733,712 -4.6% $622 / Sq Ft
01/30/2024 01/30/24 Pending -- -- --
12/12/2023 12/12/23 For Sale $769,000 -- $652 / 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 $6,012 $748,386 $187,386 $561,000
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: WS23225186

California Regional Multiple Listing Service (CRMLS)

APN: 5256-002-185