Edward Ong
Responds Quickly
Corpen Real Estate Group
(669) 200-0582
85 Total Sales
1 in Monterey Park
$898,250 Price
719 E Mabel Ave Monterey Park, CA 91755
Monterey Park AreaEstimated Value: $2,299,000
6
Beds
4
Baths
3,461
Sq Ft
$664/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
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1953
Lot Details
- 11,083 Sq Ft 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 in unit
- Exterior Lighting
Listing and Financial Details
- Tax Lot 42
- Tax Tract Number 1874
- Assessor Parcel Number 5259018016
Community Details
Overview
- 5 Buildings
- 5 Units
Amenities
- Laundry Facilities
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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 29, 2018
Closed on
Jun 7, 2018
Sold by
Bought by
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
$579,000
Avg. Annual Appreciation
3.64%
Original Mortgage
$800,000
Outstanding Balance
$690,407
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,608,593
Purchase Details
Closed on
May 18, 2006
Sold by
Bought by
Purchase Details
Closed on
Aug 16, 2002
Sold by
Bought by
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
Bought by
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
Bought by
Purchase Details
Closed on
Oct 25, 1993
Sold by
Bought by
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Monterey Park, CA
-
Edward Ong
-
Aldon Lai
Aldon Lai
High Ten Partners, Inc.
(626) 618-9134
16 Total Sales
1 in Monterey Park
$760,000 Price
-
Herbert Rivas
Herbert Rivas
Equity Smart Real Estate Serv.
(747) 245-7379
14 Total Sales
1 in Monterey Park
$1,150,000 Price
-
Mike Chou
Mike Chou
K.W. EXECUTIVE
(626) 653-4295
169 Total Sales
23 in Monterey Park
$446K - $1.7M Price Range
-
Nicola Speranta
Nicola Speranta
Compass
(323) 310-3215
102 Total Sales
1 in Monterey Park
$1,111,000 Price
-
Venny Saucedo
Venny Saucedo
eXp Realty of Greater L.A
(424) 349-4410
45 Total Sales
1 in Monterey Park
$920,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,720,000 | Chicago Title Company | ||
| -- | None Available | ||
| -- | Commerce Title | ||
| $585,000 | Commerce Title | ||
| -- | -- | ||
| -- | Fidelity National Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $800,000 | ||
| Previous Owner | $320,000 | ||
| Previous Owner | $195,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $27,780 | $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
-
E
Seller's Agent in 2018
Emily Phan
IRN REALTY
-
Elizabeth Lau
Buyer's Agent in 2018
Elizabeth Lau
Pinnacle Real Estate Group
(626) 823-6679
14 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS18094013
APN: 5259-018-016
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 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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