NOT LISTED FOR SALE

615 El Mercado Ave Monterey Park, CA 91754

Estimated Value: $1,261,000 - $1,331,000

5 Beds
4 Baths
2,507 Sq Ft
$519/Sq Ft Est. Value

Last Sold April 23, 2025

Last sale price $1,305,080 $521 Per Sq Ft

Current estimated payment $7,385/month

7 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Brightwood Elementary School Rated A
  • Den with Fireplace
  • 2-minute walk to Cascades Park

About This Home

As of April 2025

LOCATION! LOCATION! LOCATION! Centrally located in Monterey Park, this bright and airy home offers an impressive amount of space in the best schools within Alhambra Unified School District! The immaculate home boasts an open and inviting living and dining room, den, galley kitchen and laundry area. The ADU features additional living space separate from the main house, perfect for family, friends or rental income. Enjoy this great location close to all necessities. This property is a rare find for both investors and homebuyers!

Last Agent to Sell the Property

Pearl Chen

Compass Brokerage Email: pearl.chen@compass.com License #01005527 Listed on: 03/19/2025

Compass

Last Buyer's Agent

Jing Fan

Pinnacle Real Estate Group License #02091169

Pinnacle Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,201

Year Built

  • Built in 1940

Lot Details

  • 7,109 Sq Ft Lot
  • Rectangular Lot
  • Private Yard

Interior Spaces

  • 2,507 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Den with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 8446
  • Assessor Parcel Number 5262001027
  • $542 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,201

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5262001027
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2507.00 Square Feet
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Den, Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 520.57
  • Room Type: Den, Kitchen, Laundry, Living Room

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Alhambra

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Yard
  • Lot Size Sq Ft: 7109.00
  • Lot Size Acres: 0.1632

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7109.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 24
  • Tax Tract Number: 8446
  • TaxOtherAnnualAssessmentAmount: 542.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2025
Closed on
Apr 11, 2025
Sold by
Chen Chien Hsi and Chen Shuying Fang
Bought by
He Huanghuang and Qiao Guizhen
Seller's Agent
Pearl Chen
Compass
Buyer's Agent
Jing Fan
Pinnacle Real Estate Group
List Price
$1,298,000
Sold Price
$1,305,080
Premium/Discount to List
$7,080
0.55%
Views
18
Current Estimated Value
$1,301,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,752
Avg. Annual Appreciation
-0.75%
Original Mortgage
$905,080
Outstanding Balance
$902,683
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$398,645

Purchase Details

Closed on
Dec 12, 2018
Sold by
Chen Chien Hsi and Chen Shuying Fang
Bought by
Chen Chien Hsi and Chen Shuying Fang

Purchase Details

Closed on
Feb 12, 1999
Sold by
Chen Shu Y
Bought by
Chen Chien Hsi and Chen Shu Ying

Purchase Details

Closed on
Aug 20, 1998
Sold by
Chen Chien H
Bought by
Chen Shu Ying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.91%

Purchase Details

Closed on
Oct 21, 1994
Sold by
Chen Shu Ying
Bought by
Chen Chien H and Chen Shu Ying
Source: Public Records

Range of Values:

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Average Value
Not Available
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
He Huanghuang $1,305,500 Consumers Title Company
Chen Chien Hsi -- None Available
Chen Chien Hsi -- California Counties Title Co
Chen Shu Ying -- Lawyers Title Company
Chen Chien H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open He Huanghuang $905,080
Previous Owner Chen Shu Ying $139,530
Previous Owner Chen Chien Hsi $166,000
Previous Owner Chen Shu Ying $171,000
Previous Owner Chen Shu Ying $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 Sold $1,305,080 +0.5% $521 / Sq Ft
03/19/2025 03/19/25 For Sale $1,298,000 -- $518 / 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 $4,201 $300,199 $134,084 $166,115
2024 $4,201 $294,313 $131,455 $162,858
2023 $4,080 $288,543 $128,878 $159,665
2022 $3,896 $282,886 $126,351 $156,535
2021 $3,842 $277,340 $123,874 $153,466
2019 $3,710 $269,115 $120,200 $148,915
2018 $3,608 $263,840 $117,844 $145,996
2016 $3,341 $253,597 $113,269 $140,328
2015 $3,288 $249,789 $111,568 $138,221
2014 $3,247 $244,897 $109,383 $135,514
Source: Public Records

Agents Affiliated with this Home

  • Pearl Chen

    Seller's Agent in 2025

    Pearl Chen

    Compass

    (626) 282-8857

    5 in this area

    39 Total Sales

    Pearl Chen
    Section Image

  • J

    Buyer's Agent in 2025

    Jing Fan

    Pinnacle Real Estate Group

    (213) 215-6509

    38 in this area

    118 Total Sales

    Jing Fan
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR25059937

California Regional Multiple Listing Service (CRMLS)

APN: 5262-001-027

California Los Angeles County Monterey Park 91754

615 El Mercado Ave, Monterey Park, CA

This home is located at 615 El Mercado Ave, Monterey Park, CA 91754 since 19 March 2025 and is currently estimated at $1,301,328, approximately $519 per square foot. This property was built in 1940. 615 El Mercado Ave is a home located in Los Angeles County with nearby schools including Brightwood Elementary School, Mark Keppel High School, and St. Stephen Martyr School.

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.

California Regional Multiple Listing Service (CRMLS) 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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