$2,050,000

719 E Mabel Ave Monterey Park, CA 91755

Estimated payment $13,333/month

Total Views 293
10 Beds
5 Baths
3,461 Sq Ft
$592 Price per Sq Ft

About This Home

Excellent Investment Opportunity in Monterey Park

Welcome to 719 E Mabel Ave, a rare 5-unit multi-family property located in one of Monterey Park’s most desirable neighborhoods. This well-maintained complex features three 2-bed/1-bath units, one 3-bed/1-bath unit, and one studio, offering a diverse rental mix that appeals to a wide range of tenants.

With a total of approx. 3,461 sq. ft. of living space on a generous ~0.25-acre lot, the property also includes 3 garage spaces and additional parking, ensuring convenience for residents. Built in 1953 and thoughtfully updated over the years, the building is solid, functional, and positioned for long-term value.
Three 2-bedroom, 1-bath units

One 3-bedroom, 1-bath unit

One studio unit

Listing Agent

LI YAO

PACIFIC STERLING REALTY Brokerage Phone: 626-236-2727 License #02216435 Listed on: 09/06/2025

PACIFIC STERLING REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,983

Year Built

  • Built in 1953

Lot Details

  • 0.25 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre
  • Land Lease

Parking

  • 3 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 3,461 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 42
  • Tax Tract Number 1874
  • Assessor Parcel Number 5259018016
  • $1,684 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $12,000
  • Trash Expense $1,800
  • Water Sewer Expense $2,400
  • Operating Expense $16,200
  • Gross Income $118,800
  • Net Operating Income $102,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,983

Year Built

Built in 1953

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 410000
  • Property Attached: No
  • Water Sewer Expenses: 2400.00
  • Zoning: MPR2*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5259018016
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 2
  • Levels: One, Two
  • Price Per Square Foot: 592.31

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 11084.00
  • Lot Size Acres: 0.2545

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 118800.00
  • Gross Scheduled Income: 118800.00
  • Insurance Expense: 12000.00
  • Lot Size Area: 11084.0000 Square Feet
  • Net Operating Income: 102600.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Number Wall A C: 5
  • Number With Range: 5
  • Number With Refrigerator: 5
  • Operating Expense: 16200.00
  • Rent Control: No
  • Total Actual Rent: 9900.00
  • Total Expenses: 16200.00

Tax Info

  • Tax Census Tract: 4822.02
  • Tax Lot: 42
  • Tax Tract Number: 1874
  • TaxOtherAnnualAssessmentAmount: 1684.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $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

Property History

Date Event Price Change Sq Ft Price
09/06/2025 09/06/25 For Sale $2,050,000 +19.2% $592 / 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)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Divorce Dissolution Of Marriage Transfer -- None Available
Grant Deed -- None Available
Grant Deed $1,720,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- Commerce Title
Grant Deed $585,000 Commerce Title
Interfamily Deed Transfer -- --
Grant Deed -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $450,000 Commercial
Previous Owner $800,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $800,000 Purchase Money Mortgage
Previous Owner $200,000 Commercial
Previous Owner $320,000 Commercial
Previous Owner $195,000 Commercial
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS25197689

California Regional Multiple Listing Service (CRMLS)

APN: 5259-018-016