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Seller's Agent in 2018
Emily Phan
IRN REALTY
719 E Mabel Ave Monterey Park, CA 91755
Estimated Value: $1,825,000
6
Beds
4
Baths
3,461
Sq Ft
$527/Sq Ft
Est. Value
About This Home
As of June 2018This is a beautiful 5 unit that resides in the heart of Monterey Park. 3 of these 5 units has 2 bedrooms 1 bath while 1 unit has 3 bedrooms 1 bath, and the last unit is a studio. As of now the rental fee for each unit is lower than the market price and it can be increased accordingly, this property is good for investors or big families.
Last Agent to Sell the Property
Emily Phan
IRN REALTY License #01477961 Listed on: 04/29/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1953
Lot Details
- 0.25 Acre Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 3 Car Garage
Home Design
- 3,461 Sq Ft Home
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Additional Features
- Laundry Room
- Exterior Lighting
Listing and Financial Details
- Tax Lot 42
- Tax Tract Number 1874
- Assessor Parcel Number 5259018016
Community Details
Overview
- 5 Buildings
- 5 Units
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 5 Separate Water Meters
- Insurance Expense $1,727
- Water Sewer Expense $3,794
- New Taxes Expense $10,011
- Operating Expense $15,532
- Gross Income $57,667
- Net Operating Income $59,630
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 29, 2018
Closed on
Jun 7, 2018
Sold by
Moy Oi Sau and Oi Sau Moy Trust
Bought by
Hksf Shing Llc
Seller's Agent
Emily Phan
IRN REALTY
Buyer's Agent
Elizabeth Lau
Pinnacle Real Estate Group
List Price
$1,780,000
Sold Price
$1,720,000
Premium/Discount to List
-$60,000
-3.37%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,000
Avg. Annual Appreciation
0.88%
Original Mortgage
$800,000
Outstanding Balance
$690,407
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,150,593
Purchase Details
Closed on
May 18, 2006
Sold by
Moy Oi Sau
Bought by
Moy Oi Sau and The Oi Sau Moy Trust
Purchase Details
Closed on
Aug 16, 2002
Sold by
Huang Jing Luo
Bought by
Moy Oi Sau
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.43%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 7, 2002
Sold by
Liao Yung Sheng and Liao Stella P C
Bought by
Moy Oi Sau
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.43%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 11, 2001
Sold by
Liao Yung Sheng and Liao Stella P C
Bought by
Liao Yung Sheng and Liao Stella P C
Purchase Details
Closed on
Oct 25, 1993
Sold by
Liao Yung Sheng and Liao Stella P C
Bought by
Liao Yung Sheng and Liao Stella P C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.98%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hksf Shing Llc | $1,720,000 | Chicago Title Company | |
| Moy Oi Sau | -- | None Available | |
| Moy Oi Sau | -- | Commerce Title | |
| Moy Oi Sau | $585,000 | Commerce Title | |
| Liao Yung Sheng | -- | -- | |
| Liao Yung Sheng | -- | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hksf Shing Llc | $800,000 | |
| Previous Owner | Moy Oi Sau | $320,000 | |
| Previous Owner | Liao Yung Sheng | $195,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/21/2018 06/21/18 | Sold | $1,720,000 | -3.4% | $497 / Sq Ft |
| 05/05/2018 05/05/18 | Pending | -- | -- | -- |
| 04/29/2018 04/29/18 | For Sale | $1,780,000 | -- | $514 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $26,983 | $1,957,061 | $1,388,148 | $568,913 |
| 2024 | $26,983 | $1,918,688 | $1,360,930 | $557,758 |
| 2023 | $26,100 | $1,881,068 | $1,334,246 | $546,822 |
| 2022 | $24,935 | $1,844,185 | $1,308,085 | $536,100 |
| 2021 | $24,830 | $1,808,026 | $1,282,437 | $525,589 |
| 2020 | $24,608 | $1,789,688 | $1,269,288 | $520,400 |
| 2019 | $23,927 | $1,754,600 | $1,244,400 | $510,200 |
| 2018 | $11,063 | $744,833 | $290,215 | $454,618 |
| 2016 | $10,203 | $715,720 | $278,947 | $436,773 |
| 2015 | $10,012 | $704,970 | $274,757 | $430,213 |
| 2014 | $9,903 | $691,161 | $269,375 | $421,786 |
Source: Public Records
Agents Affiliated with this Home
-
-
Elizabeth Lau
Buyer's Agent in 2018
Elizabeth Lau
Pinnacle Real Estate Group
(626) 823-6679
2 in this area
15 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS18094013
APN: 5259-018-016
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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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