NOT LISTED FOR SALE

516 E Hellman Ave Monterey Park, CA 91755

Estimated Value: $1,168,000 - $1,203,553

4 Beds
4 Baths
2,251 Sq Ft
$265/mo HOA Fee

Last Sold December 03, 2024

Last sale price $1,170,000 $520 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $7,644/month

9 Days on Market

Highlights

  • Primary Bedroom Suite
  • Gated Parking
  • Main Floor Bedroom
  • Garvey (Richard) Intermediate School Rated A-
  • 0.52 Acre Lot
  • Loft

About This Home

As of December 2024

Spacious & Modern 4-Bedroom Detached Condo – Privacy, Luxury, and Rental Potential in a Prime Location!
Discover this one-of-a-kind detached condo with a private yard built in 2017, offering 4 beds and 4 baths, designed with privacy and flexibility in mind. A true rarity, three of the four bedrooms boast ensuite bathrooms - private bathrooms in each bedroom, and two have walk-in closets—perfect for large families seeking comfort or savvy investors looking to maximize rental income.
The layout is thoughtfully designed with no wasted space—every square foot serves a purpose. Enjoy an abundance of natural light that fills every corner of the home through large windows with custom window shutters, complementing the 9-foot ceilings that enhance the open and airy feel.
This property includes numerous upgrades and conveniences:
• Designer cabinets with quartz countertops and stainless steel appliances.
• Built-in storage, cabinets and bookcases for seamless organization.
• Modern vanities in every bathroom for a sleek touch.
• Attached 2-car garage, a rare luxury for condos.
• Detached structure ensures you enjoy the benefits of a single-family home without shared walls.
Step into your private yard, upgraded with tiled flooring and garden beds, perfect for growing vegetables or creating a peaceful retreat.
Located across the highly sought-after Mark Keppel High School and surrounded by other top-rated K-12 schools, this home offers outstanding educational opportunities. It also boasts easy access to major freeways and popular restaurants, making it a commuter’s dream.
Whether you’re searching for a family sanctuary or a high-yield rental property, this modern condo is move-in ready and packed with premium features that make it stand out.

Last Agent to Sell the Property

Vincent Yan

Coldwell Banker Envision Brokerage Phone: 626-512-8333 License #00977818 Listed on: 10/24/2024

Coldwell Banker Envision

Last Buyer's Agent

Hannah Huang

Great Wall Realty Inc. License #02054650

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2017

Lot Details

  • 0.52

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Side Facing Garage
  • Garage Door Opener
  • Gated Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,251 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Double Pane Windows
  • Plantation Shutters
  • Double Door Entry
  • Living Room
  • Den
  • Loft

Kitchen

  • Gas Oven
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Separate Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Mark Keppel High School

Additional Features

  • No Common Walls
  • Central Heating and Cooling System

Community Details

  • 6 Units
  • Rural Gardens Association, Phone Number (626) 251-0089

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 73693
  • Assessor Parcel Number 5258009099
  • $426 per year additional tax assessments
  • Seller Considering Concessions

Property Details

Home Type

Condominium

Year Built

Built in 2017

Lot Details

0

HOA Fees

$265 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Zoning: MPR3*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5258009099
  • Year Built: 2017
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2251.00 Square Feet
  • Interior Amenities: Recessed Lighting, Stone Counters, Unfurnished
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: Double Door Entry
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 519.77
  • Room Type: Den, Kitchen, Living Room, Loft, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Multi-Level Bedroom, Walk-In Closet
  • Window Features: Double Pane Windows, Plantation Shutters, Shutters
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Bath(s), Exhaust Fan(s), Separate Tub And Shower
  • Room Kitchen Features: Kitchen Island, Stone Counters

Exterior Features

  • Patio: Yes
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Side, Garage Door Opener, Gated
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Water Line to Refrigerator
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash
  • Association Fee: 265.00
  • Association Fee Frequency: Monthly
  • Association Name: Rural Gardens
  • Phone: 626-251-0089
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Rural Gardens

Schools

  • High School: Mark Keppel
  • High School2: MARKEP

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 22838.00
  • Lot Size Acres: 0.5243

Multi Family

  • Lease Considered: No
  • Lot Size Area: 22838.0000 Square Feet
  • Number Of Units In Community: 6
  • Number Of Units Total: 6

Tax Info

  • Tax Census Tract: 4817.12
  • Tax Lot: 1
  • Tax Tract Number: 73693
  • TaxOtherAnnualAssessmentAmount: 426.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2024
Closed on
Oct 29, 2024
Sold by
Aaron Zhou Living Trust and Zhou Aaron
Bought by
Yan Family Trust and Zhou
Seller's Agent
Vincent Yan
Coldwell Banker Envision
Buyer's Agent
Hannah Huang
Great Wall Realty Inc.
List Price
$1,088,000
Sold Price
$1,170,000
Premium/Discount to List
$82,000
7.54%
Views
33
Current Estimated Value
$1,190,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,638
Avg. Annual Appreciation
1.66%

Purchase Details

Listed on
Aug 17, 2017
Closed on
Nov 28, 2017
Sold by
Coridan Fund 3 Lp
Bought by
Zhou Amy and The Yan Family Living Trust
Seller's Agent
Charlie Huang
JHM Group Corp
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$918,000
Sold Price
$908,000
Premium/Discount to List
-$10,000
-1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.68%
Original Mortgage
$400,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 17, 2017
Closed on
Nov 21, 2017
Sold by
Yan Edmund Vincent
Bought by
Zhou Amy and The Yan Family Living Trust
Seller's Agent
Charlie Huang
JHM Group Corp
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$918,000
Sold Price
$908,000
Premium/Discount to List
-$10,000
-1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yan Family Trust -- None Listed On Document
Zhou Amy $908,000 Fntg Builder Services
Zhou Amy -- Fntg Builder Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhou Amy $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2024 12/03/24 Sold $1,170,000 +7.5% $520 / Sq Ft
11/02/2024 11/02/24 Pending -- -- --
10/24/2024 10/24/24 For Sale $1,088,000 +19.8% $483 / Sq Ft
11/30/2017 11/30/17 Sold $908,000 -1.1% $406 / Sq Ft View Prior Sale
09/28/2017 09/28/17 Pending -- -- --
08/17/2017 08/17/17 For Sale $918,000 -- $410 / 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 $13,686 $1,170,000 $617,600 $552,400
2024 $13,686 $1,012,887 $446,206 $566,681
2023 $13,223 $993,027 $437,457 $555,570
2022 $12,700 $973,557 $428,880 $544,677
2021 $12,645 $954,469 $420,471 $533,998
2019 $12,145 $926,160 $408,000 $518,160
2018 $11,992 $908,000 $400,000 $508,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR24212316

California Regional Multiple Listing Service (CRMLS)

APN: 5258-009-099