NOT LISTED FOR SALE

430 N Alhambra Ave Monterey Park, CA 91755

Estimated Value: $1,510,000 - $2,560,000

4 Beds
2 Baths
4,086 Sq Ft
$451/Sq Ft Est. Value

Last Sold May 03, 2023

Last sale price $2,770,000 $678 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $11,631/month

6 Days on Market

Highlights

  • 0.68 Acre Lot
  • No Heating
  • 1-Story Property
  • Garvey (Richard) Intermediate School Rated A-
  • Back Yard

About This Home

As of May 2023

Fantastic opportunity! R3 flat lot close to 30,000 square feet (430 & 426 N Alhambra Ave combined) in the heart of Monterey Park. Perfect opportunity for a developer or buyers looking to build their dream home! Also, a potentially great income property to collect rent. Prime location close to Excellent Mark Keppel High School, parks, stores, Atlantic Square, and transportation. Conveniently near DTLA with easy access to 10-FWY, 710-FWY and 60-FWY. Properties (426 & 430 N. Alhambra) are also available individually.

Last Agent to Sell the Property

Sharon Liu

Re/Max Premier Prop Arcadia License #01720175 Listed on: 04/08/2023

Re/Max Premier Prop Arcadia

Last Buyer's Agent

Sharon Liu

Re/Max Premier Prop Arcadia License #01720175 Listed on: 04/08/2023

Re/Max Premier Prop Arcadia

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,109

Year Built

  • Built in 1919

Lot Details

  • 0.68 Acre Lot
  • No Common Walls
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 4,086 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • No Heating

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 6
  • Tax Tract Number 2399
  • Assessor Parcel Number 5258008003

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,109

Year Built

Built in 1919

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 1385000
  • Property Attached: No
  • Zoning: MPR3YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5258008003
  • Year Built: 1919
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 677.92

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 29545.00
  • Lot Size Acres: 0.6783

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 29545.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 4817.12
  • Tax Lot: 6
  • Tax Tract Number: 2399

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2023
Closed on
Apr 19, 2023
Sold by
Fong Helen Shui-Wei
Bought by
Duong Family Trust
Seller's Agent
Sharon Liu
Re/Max Premier Prop Arcadia
Buyer's Agent
Sharon Liu
Re/Max Premier Prop Arcadia
List Price
$2,770,000
Sold Price
$2,770,000
Views
38
Current Estimated Value
$1,842,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$927,482
Avg. Annual Appreciation
-25.78%

Purchase Details

Closed on
Dec 16, 2002
Sold by
Fong Helen and The Paul Fong 1996 Trust
Bought by
Fong Helen Shui Wei

Purchase Details

Closed on
Aug 8, 1997
Sold by
Li Libin
Bought by
Fong Paul
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
Duong Family Trust $1,375,000 Wfg National Title
Fong Helen Shui Wei -- --
Fong Paul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lam Colins Minh Tuan $273,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2023 05/03/23 Sold $2,770,000 0.0% $678 / Sq Ft
04/08/2023 04/08/23 For Sale $2,770,000 -- $678 / 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 $19,109 $1,430,550 $1,144,440 $286,110
2024 $19,109 $1,402,500 $1,122,000 $280,500
2023 $5,947 $410,343 $269,778 $140,565
2022 $5,687 $402,298 $264,489 $137,809
2021 $5,652 $394,410 $259,303 $135,107
2020 $5,600 $390,367 $256,645 $133,722
2019 $5,449 $382,713 $251,613 $131,100
2018 $5,355 $375,210 $246,680 $128,530
2016 $4,957 $360,642 $237,102 $123,540
2015 $4,862 $355,226 $233,541 $121,685
2014 $4,809 $348,269 $228,967 $119,302
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR23056972

California Regional Multiple Listing Service (CRMLS)

APN: 5258-008-003