C
Seller's Agent in 2020
Chuck Liu
SIGNAL REALTY
(626) 898-2638
38 Total Sales
427 N Mcpherrin Ave Monterey Park, CA 91754
Estimated Value: $784,000 - $979,000
7
Beds
5
Baths
3,915
Sq Ft
$220/Sq Ft
Est. Value
Highlights
- All Bedrooms Downstairs
- Corner Lot
- Cooling System Mounted To A Wall/Window
- Ynez Elementary School Rated A-
- Neighborhood Views
- Laundry Room
About This Home
As of April 2020Location, location, location!! 4 unit property is located in the heart of Monterey Park. Walking distance to Garvey / Atlantic. Unit A has 1 bedroom 1 bathroom, unit B is 3 bedrooms 2 bathrooms, unit C is 1 bedroom 1 bathroom, unit D is 2 bedrooms 1 bathroom. Total proforma rent is over $7600 per month. The property has remodeled with new approved electrical panels, new flooring and painting. Covenient location to supermarkets, shopping center, theater, new hotels, restaurants, hospital, schools, parks and Langley senior citizen center. Buyer's agent please check and verify with City for all info. Seller has not informed tenants. Please do not walk on property or talk to tenants.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,078
Year Built
- Built in 1910
Lot Details
- 0.27 Acre Lot
- No Common Walls
- Corner Lot
- Back and Front Yard
- Density is 2-5 Units/Acre
Home Design
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,915 Sq Ft Home
- Blinds
- Window Screens
- Neighborhood Views
- Gas Oven
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 7 Bedrooms
- All Bedrooms Down
- All Upper Level Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- Wall Furnace
- 220 Volts
- Natural Gas Connected
Listing and Financial Details
- Tax Lot 197
- Assessor Parcel Number 5256016040
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $100
- Insurance Expense $1,500
- Trash Expense $200
- Water Sewer Expense $2,500
- New Taxes Expense $13,200
- Operating Expense $18,300
- Gross Income $68,400
- Net Operating Income $50,100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 7, 2024
Sold by
Wang Martha Wen-Wei and Wang Wenshyan
Bought by
Pa Nancy Tso
Current Estimated Value
Purchase Details
Closed on
Jun 8, 2016
Sold by
Wang Bing Bing
Bought by
Wang Martha Wen Wei and Wang Wenshyan
Purchase Details
Closed on
Oct 27, 1998
Sold by
Fong Chu S and Fong Francis
Bought by
Wang Bing Bing
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.87%
Purchase Details
Closed on
Aug 23, 1993
Sold by
Fong Yick Doon
Bought by
Fong Chu So Yee and Fong Francis
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pa Nancy Tso | $740,000 | Western Resources Title | |
| Wang Martha Wen Wei | -- | None Available | |
| Wang Bing Bing | $192,000 | Investors Title Company | |
| Fong Francis | -- | Investors Title Company | |
| Fong Chu So Yee | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wang Bing Bing | $144,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/11/2020 04/11/20 | Sold | $1,330,000 | -1.5% | $340 / Sq Ft | |
| 03/01/2020 03/01/20 | Price Changed | $1,350,000 | +900.0% | $345 / Sq Ft | |
| 03/01/2020 03/01/20 | Price Changed | $135,000 | -90.9% | $34 / Sq Ft | |
| 01/03/2020 01/03/20 | For Sale | $1,480,000 | +26.3% | $378 / Sq Ft | |
| 10/26/2017 10/26/17 | Sold | $1,172,000 | +12.9% | $299 / Sq Ft | View Prior Sale |
| 09/26/2017 09/26/17 | For Sale | $1,038,000 | -11.4% | $265 / Sq Ft | |
| 09/22/2017 09/22/17 | Off Market | $1,172,000 | -- | -- | |
| 09/13/2017 09/13/17 | For Sale | $1,038,000 | -- | $265 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $4,078 | $754,800 | $603,432 | $151,368 |
| 2024 | $4,078 | $295,074 | $154,453 | $140,621 |
| 2023 | $3,994 | $289,289 | $151,425 | $137,864 |
| 2022 | $3,810 | $283,617 | $148,456 | $135,161 |
| 2021 | $3,759 | $278,057 | $145,546 | $132,511 |
| 2020 | $3,737 | $275,207 | $144,054 | $131,153 |
| 2019 | $3,628 | $269,812 | $141,230 | $128,582 |
| 2018 | $3,585 | $264,522 | $138,461 | $126,061 |
| 2016 | $3,322 | $254,253 | $133,086 | $121,167 |
| 2015 | $3,269 | $250,434 | $131,087 | $119,347 |
| 2014 | $3,227 | $245,530 | $128,520 | $117,010 |
Source: Public Records
Agents Affiliated with this Home
-
Chuck Liu
-
Lillian Chen
Seller Co-Listing Agent in 2020
Lillian Chen
SIGNAL REALTY
(626) 864-0602
46 Total Sales
-
May Lau
Buyer's Agent in 2020
May Lau
Pinnacle Real Estate Group
(626) 823-1797
6 in this area
33 Total Sales
-
Jason Wei
Seller's Agent in 2017
Jason Wei
RE/MAX
(626) 229-2200
17 in this area
204 Total Sales
-
Tiffany Wang
Seller Co-Listing Agent in 2017
Tiffany Wang
RE/MAX
(626) 248-9200
5 in this area
40 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS20001432
APN: 5257-007-018
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 multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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