NOT LISTED FOR SALE

720 E Mabel Ave Monterey Park, CA 91755

Estimated Value: $1,061,000 - $1,196,000

4 Beds
1 Bath
1,610 Sq Ft
$694/Sq Ft Est. Value

Last Sold January 30, 2015

Last sale price $550,000 $342 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $6,641/month

21 Days on Market

About This Home

As of January 2015

Duplex with appx. 7657 sf lot. Easy access to Garvey Ave. Alhambra School District. 2Br + 0.75 Ba appx. 560 sf, built 1921.. 2 Br + 1.5 Ba appx. 1050 sf, built 1959. Fixer-Upper with potentials. Property to be sold AS IS, sellers shall do no repairs. No pest control inspections no clearance report. Tenants promised to vacate Dec. 1, 2014. Drive by only until then, offer subject to inspection.

Last Agent to Sell the Property

Joseph Yan

Pacific One Realty Inc. License #00645382 Listed on: 11/17/2014

Last Buyer's Agent

Gloria Chu

IRN REALTY License #01780122

IRN REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 7,657 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage

Home Design

  • 1,610 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Bathroom

Listing and Financial Details

  • Tax Lot 45
  • Tax Tract Number 1874
  • Assessor Parcel Number 5259013050

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $6,565

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5259013050
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 341.61

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7657.00
  • Lot Size Acres: 0.1760

Multi Family

  • Lot Size Area: 7657.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • New Taxes Expense: 6565.00
  • Tax Lot: 45
  • Tax Tract Number: 1874
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2014
Closed on
Dec 12, 2014
Sold by
Fierro Reginald R
Bought by
Liang Frankie and Wu Yan Yi
Seller's Agent
Joseph Yan
Pacific One Realty Inc.
Buyer's Agent
Gloria Chu
IRN REALTY
List Price
$525,000
Sold Price
$550,000
Premium/Discount to List
$25,000
4.76%
Current Estimated Value
$1,117,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$567,189
Avg. Annual Appreciation
6.70%

Purchase Details

Closed on
Mar 22, 2005
Sold by
Fierro Reginald R
Bought by
Martinez Carmen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Liang Frankie $550,000 North American Title Company
Martinez Carmen -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2015 01/30/15 Sold $550,000 +4.8% $342 / Sq Ft
12/08/2014 12/08/14 Pending -- -- --
11/17/2014 11/17/14 For Sale $525,000 -- $326 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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 $9,459 $683,111 $264,403 $418,708
2024 $9,459 $669,718 $259,219 $410,499
2023 $9,148 $656,587 $254,137 $402,450
2022 $8,739 $643,713 $249,154 $394,559
2021 $8,698 $631,092 $244,269 $386,823
2020 $8,616 $624,622 $241,765 $382,857
2019 $8,378 $612,375 $237,025 $375,350
2018 $8,228 $600,369 $232,378 $367,991
2016 $7,590 $577,057 $223,355 $353,702
2015 $3,215 $225,489 $200,649 $24,840
2014 $3,183 $221,073 $196,719 $24,354
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Joseph Yan

    Pacific One Realty Inc.

    (866) 297-9700

    1 in this area

    4 Total Sales

    Joseph Yan
    Section Image

  • G

    Buyer's Agent in 2015

    Gloria Chu

    IRN REALTY

    (626) 447-9521

    3 in this area

    33 Total Sales

    Gloria Chu
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS14243708

California Regional Multiple Listing Service (CRMLS)

APN: 5259-013-050

California Los Angeles County Monterey Park 91755

720 E Mabel Ave, Monterey Park, CA

Not Listed for Sale

MultiFamily

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California Regional Multiple Listing Service (CRMLS) 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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