Seller's Agent in 2022
Sharon Liu
RE/MAX
(626) 758-0937
67 in this area
255 Total Sales
669 W Riggin St Monterey Park, CA 91754
Estimated Value: $1,241,000 - $1,479,000
5
Beds
3
Baths
2,548
Sq Ft
$539/Sq Ft
Est. Value
Highlights
- End Unit
- Forced Air Heating System
- Front Yard
- Laundry Room
- Vinyl Fence
About This Home
As of June 2022Incredible 3-unit property perfect for investors who are looking for outstanding rental income! Corner lot with alley access for your convenience and possible future development of ADU. The single level unit is 2230 Gerhart Ave., which has 1 bedroom, 1 bathroom, a bright living room, a dining area and laundry closet. The downstairs unit is 669 Riggin St. which features 2 bedrooms and 1 bathroom. It also has a large and bright living room, dining room and individual laundry room. The Upstairs unit is 2232 Gerhart Ave. which has 2 bedrooms and 1 bathroom. All units have been well-maintained and share a spacious backyard that is accessed through the private entry in the rear. Each unit has 1 assigned parking space and storage area in its own 1 car garage. Great backyard and covered patio area for your gatherings and parties. This property’s location is ideally located near ELAC and other schools, supermarkets, shopping plazas, parks, gyms, restaurants, and Ralph store is right across street, while providing easy access to the I-60 and 710 freeways for an easy commute.
Last Agent to Sell the Property
Re/Max Premier Prop Arcadia License #01720175 Listed on: 05/01/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,510
Year Built
- Built in 1948
Lot Details
- 8,402 Sq Ft Lot
- No Common Walls
- End Unit
- Vinyl Fence
- Front Yard
Parking
- 3 Car Garage
Home Design
- 2,548 Sq Ft Home
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
Utilities
- Forced Air Heating System
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for cable TV, gas
- Tax Lot 1
- Tax Tract Number 14542
- Assessor Parcel Number 5266006019
- $718 per year additional tax assessments
Community Details
Overview
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $2,100
- Insurance Expense $2,578
- Maintenance Expense $1,200
- Pest Control $520
- Water Sewer Expense $3,120
- Operating Expense $9,667
- Gross Income $57,420
- Net Operating Income $47,753
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 7, 2014
Sold by
Bjorkman Carl S
Bought by
Bjorkman Living Trust
Current Estimated Value
Purchase Details
Closed on
Aug 13, 2014
Sold by
Mcsunas Karen B
Bought by
Mcsunas Timothy W and Mcsunas Karen B
Purchase Details
Closed on
Aug 27, 2013
Sold by
Bjorkman Carl S and Bjorkman Survivors Virginia D
Bought by
Bjorkman Steven B and Gross Linda B
Purchase Details
Closed on
Oct 15, 2008
Sold by
Bjorkman Virginia D and Bjorkman Survivors Virginia D
Bought by
Bjorkman Virginia D and Bjorkman Carl S
Purchase Details
Closed on
Oct 11, 2006
Sold by
Bjorkman Virginia D and Bjorkman Living Trust
Bought by
Bjorkman Virginia D and Bjorkman Survivors Virginia D
Purchase Details
Closed on
Jul 17, 2001
Sold by
Bjorkman Stanley H and Bjorkman Virginia D
Bought by
Bjorkman Stanley H and Bjorkman Virginia D
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 |
|---|---|---|---|
| Bjorkman Living Trust | -- | None Available | |
| Mcsunas Timothy W | -- | None Available | |
| Bjorkman Steven B | -- | None Available | |
| Bjorkman Virginia D | -- | None Available | |
| Bjorkman Virginia D | -- | None Available | |
| Bjorkman Stanley H | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/08/2022 06/08/22 | Sold | $1,349,000 | +8.1% | $529 / Sq Ft |
| 05/01/2022 05/01/22 | For Sale | $1,248,000 | -- | $490 / 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 | $18,510 | $1,431,568 | $900,964 | $530,604 |
| 2024 | $18,510 | $1,403,499 | $883,299 | $520,200 |
| 2023 | $18,564 | $1,375,980 | $865,980 | $510,000 |
| 2022 | $2,092 | $105,752 | $52,876 | $52,876 |
| 2021 | $2,019 | $103,680 | $51,840 | $51,840 |
| 2019 | $1,957 | $100,606 | $50,303 | $50,303 |
| 2018 | $1,935 | $98,634 | $49,317 | $49,317 |
| 2016 | $1,898 | $94,804 | $47,402 | $47,402 |
| 2015 | $1,808 | $93,380 | $46,690 | $46,690 |
| 2014 | $1,805 | $91,552 | $45,776 | $45,776 |
Source: Public Records
Agents Affiliated with this Home
-
-
V
Buyer's Agent in 2022
Vivian Chen
GOLD COAST CAPITAL INVESTMENT
(626) 289-2712
3 in this area
15 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR22089789
APN: 5266-006-019
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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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