NOT LISTED FOR SALE

626 N Monterey St Alhambra, CA 91801

7 Beds
6 Baths
20,711 Sq Ft
0.97 Acres

Last Sold August 29, 2017

Last sale price $7,600,000 $367 Per Sq Ft

133 Days on Market

Highlights

  • Central Heating and Cooling System
  • Garfield Elementary School Rated A-
  • 37 Car Garage

About This Home

As of August 2017

Constructed in 1963 on a 42,157 square foot R3 lot, Monterey Gardens is a beautifully maintained, two-story, 22 unit multifamily property comprised of five buildings totaling 20,711 square feet. The immaculate, true pride-of-ownership property has seen significant capital improvements in recent years, including full copper plumbing, new roofs, fresh exterior paint, and extensive unit renovations. The property offers controlled access, a gated pool, outdoor dining area, laundry facility with three sets of owned washers and dryers, and 37 garage and open parking spaces in the rear. The property is separately metered for gas and electric, and each unit is serviced by its own individual water heater. On carefully manicured, park-like grounds, Monterey Gardens offers an excellent unit mix of eleven one-bedroom/one-bathroom units, six two-bedroom/one-bathroom units, two two-bedroom/two-bathroom units, and three two-bedroom/one-and-a-half-bathroom townhouse-style units.

Last Agent to Sell the Property

Priscilla Nee

CB Richard Ellis, Inc. License #01435254 Listed on: 01/11/2017

Last Buyer's Agent

Patrice Jacobs

License #01495694

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.97 Acre Lot

Interior Spaces

  • 20,711 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • 37 Car Garage
  • Uncovered Parking

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 5 Buildings
  • 22 Units

Listing and Financial Details

  • Assessor Parcel Number 5322-030-002

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 20711
  • Manager Expense: 6480.00
  • Stories: 2
  • Year Built: 1963
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Equipment: Dishwasher, Range/Oven, Refrigerator
  • Price Per S Q F T: 371.78

Exterior Features

  • Tennis Court Y/N: No
  • Pool Expense: 1800.00
  • Pool: No

Garage/Parking

  • Parking Garage: Garage, Uncovered
  • Total Parking: 37

Utilities

  • Cooling: Central, Wall Unit(s)
  • Electric Expense: 13484.00
  • Heating: Central, Wall

Fee Information

  • Insurance Expense: 5791.00
  • Maintenance Expense: 13200.00
  • Management Expense: 15651.00
  • Other Expense: 6624.00

Lot Info

  • Assessor Parcel Number: 5322-030-002
  • Geocode Override: No
  • Lot Size Area: 42157

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 19.33
  • Number Of Units: 22
  • Total Annual Expense: 160433
  • Type Of Units: Apartments
  • Vacancy Rate: 3

Tax Info

  • Tax Expense: 86245.00

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

Property History

Date Event Price Change Sq Ft Price
08/29/2017 08/29/17 Sold $7,600,000 -1.3% $367 / Sq Ft
05/24/2017 05/24/17 Pending -- -- --
01/11/2017 01/11/17 For Sale $7,700,000 -- $372 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Priscilla Nee

    Seller's Agent in 2017

    Priscilla Nee

    CB Richard Ellis, Inc.

    (310) 550-2500

    33 Total Sales

    Section Image

  • P

    Buyer's Agent in 2017

    Patrice Jacobs

See All Agents

Map

Source: The MLS

MLS Number: 17-192238

The MLS

California Los Angeles County Alhambra 91801

626 N Monterey St, Alhambra, CA

This home is located at 626 N Monterey St, Alhambra, CA 91801 since 11 January 2017. This property was built in 1963. 626 N Monterey St is a home located in Los Angeles County with nearby schools including Garfield Elementary School, Alhambra High School, and Saint Therese Carmelite 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.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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