Seller's Agent in 2013
May Kunka
Compass-Pasadena
(626) 202-6030
19 in this area
86 Total Sales
512 S Lincoln Ave Monterey Park, CA 91755
Estimated Value: $1,706,000 - $2,073,594
9
Beds
5
Baths
3,396
Sq Ft
$576/Sq Ft
Est. Value
Highlights
- Attached Guest House
- Mountain View
- No HOA
- Ynez Elementary School Rated A-
- Contemporary Architecture
- Laundry Room
About This Home
As of November 2013Clean and Well Maintained Income Property located minutes away from restaurants and public transportation. Centrally located between the 60 and 10 FWy. This property has been well taken care of...new paint, new roof, parts of the driveway has recently been re-paved for proper drainage, and ALL UNITS have NEW KITCHEN and BATHROOM(S)!! Great tenant and landlord relationship. Coin Operated laundry room on site with separate meters. Very low maintenance, some grass in the front and back of the lot. Top unit (A) has a spectacular view of the mountains and city lights.. Rents are not at it's potential, there is a lot of room to grow. In Alhambra Unified School District. MUST SEE TO APPRECIATE! CAP RATE Potentially at 5.5% **Drive by Only...Please refrain from speaking with the tenants and do not walk on property**
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,547
Year Built
- Built in 1946 | Remodeled
Lot Details
- 9,769 Sq Ft Lot
- 1 Common Wall
- West Facing Home
Parking
- 3 Car Garage
- Parking Available
- Shared Driveway
Property Views
- Mountain
- Neighborhood
Home Design
- Contemporary Architecture
- Property Attached
- Slab Foundation
- Interior Block Wall
- Shingle Roof
Interior Spaces
- 3,396 Sq Ft Home
- 2-Story Property
- Den with Fireplace
- Bonus Room with Fireplace
- Carpet
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Utilities
- Central Heating and Cooling System
- Private Water Source
Additional Features
- Exterior Lighting
- Attached Guest House
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 7
- Tax Tract Number 786
- Assessor Parcel Number 5257019010
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 2 Separate Water Meters
- Gardener Expense $40
- Insurance Expense $1,200
- Trash Expense $150
- Water Sewer Expense $150
- New Taxes Expense $10,500
- Net Operating Income $49,100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 24, 2015
Sold by
Loo Woodward Y and Loo Mabel P
Bought by
The Loo Family Trust
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$635,000
Interest Rate
3.54%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 14, 2013
Closed on
Oct 23, 2013
Sold by
Mo Wing Yin
Bought by
Loo Woodward Y and Loo Mabel P
Seller's Agent
May Kunka
Compass-Pasadena
Buyer's Agent
Stephen Chan
G E PROPERTY DEVELOPMENT
List Price
$1,080,000
Sold Price
$1,028,000
Premium/Discount to List
-$52,000
-4.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$645,000
Interest Rate
4.27%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 5, 2012
Closed on
Nov 14, 2012
Sold by
Kwong Pui Wa
Bought by
Mo Wing Yin
Seller's Agent
Katty Shen
Transglobal Realty
Buyer's Agent
Katty Shen
Transglobal Realty
List Price
$818,000
Sold Price
$830,000
Premium/Discount to List
$12,000
1.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.56%
Original Mortgage
$410,000
Interest Rate
3.35%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 5, 2012
Closed on
Oct 30, 2012
Sold by
Golden Imperial Investment Inc
Bought by
Mo Wing Yin
Seller's Agent
Katty Shen
Transglobal Realty
Buyer's Agent
Katty Shen
Transglobal Realty
List Price
$818,000
Sold Price
$830,000
Premium/Discount to List
$12,000
1.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
3.35%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 26, 2012
Sold by
Yam Sivkhan C
Bought by
Wonderful Investment Inc and Golden Imperial Investment Inc
Purchase Details
Closed on
Aug 12, 2005
Sold by
Yam Chhuoy and Yam Sivkhan C
Bought by
Yam Sivkhan C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,000
Interest Rate
5.56%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 29, 2002
Sold by
Yam Sivkhan C and Yam Siukhanc
Bought by
Yam Sivkhan C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.16%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Aug 28, 2002
Sold by
Yam Chhuoy
Bought by
Yam Siukhanc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.16%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jun 15, 2001
Sold by
Chan Chan Wan Wan and Chan Sue Oy
Bought by
Yam Chhuoy and Yam Siukhanc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
7.1%
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 |
|---|---|---|---|
| The Loo Family Trust | -- | Pacific Coast Title Company | |
| Loo Woodward Y | $1,028,000 | Lawyers Title Company | |
| Mo Wing Yin | -- | Orange Coast Title | |
| Mo Wing Yin | $830,000 | Orange Coast Title | |
| Wonderful Investment Inc | -- | None Available | |
| Yam Sivkhan C | -- | Security Union Title Company | |
| Yam Sivkhan C | -- | Stewart Title | |
| Yam Siukhanc | -- | Stewart Title | |
| Yam Chhuoy | $316,000 | American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Loo Woodward Y | $575,000 | |
| Closed | Loo Woodward I | $635,000 | |
| Closed | Loo Woodward Y | $645,000 | |
| Previous Owner | Mo Wing Yin | $410,000 | |
| Previous Owner | Yam Sivkhan C | $539,000 | |
| Previous Owner | Yam Sivkhan C | $100,000 | |
| Previous Owner | Yam Chhuoy | $385,000 | |
| Previous Owner | Yam Sivkhan C | $100,000 | |
| Previous Owner | Yam Sivkhan C | $288,500 | |
| Previous Owner | Yam Chhuoy | $252,000 | |
| Closed | Yam Chhuoy | $31,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/08/2013 11/08/13 | Sold | $1,028,000 | -4.8% | $303 / Sq Ft |
| 08/12/2013 08/12/13 | Pending | -- | -- | -- |
| 07/14/2013 07/14/13 | For Sale | $1,080,000 | +30.1% | $318 / Sq Ft |
| 11/29/2012 11/29/12 | Sold | $830,000 | +1.5% | $244 / Sq Ft |
| 10/31/2012 10/31/12 | Pending | -- | -- | -- |
| 10/05/2012 10/05/12 | For Sale | $818,000 | -- | $241 / 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 | $16,547 | $1,260,177 | $735,512 | $524,665 |
| 2024 | $16,547 | $1,235,469 | $721,091 | $514,378 |
| 2023 | $16,217 | $1,211,245 | $706,952 | $504,293 |
| 2022 | $15,454 | $1,187,496 | $693,091 | $494,405 |
| 2021 | $15,270 | $1,164,212 | $679,501 | $484,711 |
| 2019 | $14,729 | $1,129,683 | $659,348 | $470,335 |
| 2018 | $14,704 | $1,107,533 | $646,420 | $461,113 |
| 2016 | $13,608 | $1,064,528 | $621,320 | $443,208 |
| 2015 | $13,398 | $1,048,539 | $611,988 | $436,551 |
| 2014 | $13,215 | $1,028,000 | $600,000 | $428,000 |
Source: Public Records
Agents Affiliated with this Home
-
May Kunka
-
Stephen Chan
Buyer's Agent in 2013
Stephen Chan
G E PROPERTY DEVELOPMENT
(626) 297-1228
2 Total Sales
-
K
Seller's Agent in 2012
Katty Shen
Transglobal Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS13138814
APN: 5257-019-010
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