NOT LISTED FOR SALE

802 E Hellman Ave Monterey Park, CA 91755

Estimated Value: $978,948 - $1,047,000

3 Beds
3 Baths
1,890 Sq Ft
$538/Sq Ft Est. Value

Last Sold December 18, 2024

Last sale price $993,000 $525 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,734/month

86 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Garvey (Richard) Intermediate School Rated A-
  • Laundry Room
  • 1-Story Property

About This Home

As of December 2024

Rare Investment Opportunity! Hard-to-find triplex available for sale. Live in one unit and rent out the other two. The front unit is approximately 810 sqft, 1 brd 1 ba and features a large, gated front yard. Rear units are approximately 540 sqft. and each have a back gated patio. All units have access to shared driveway parking. Conveniently located near shopping, schools, and freeways with a fast commute to downtown LA.

Last Agent to Sell the Property

MENDL PAYNE

REAL BROKER Brokerage Phone: 951-712-9745 License #01308143 Listed on: 07/27/2024

REAL BROKER

Co-Listed By

LISA RICE

REAL BROKER Brokerage Phone: 951-712-9745 License #01411196

Last Buyer's Agent

YANHUA LIU

RE/MAX ELITE REALTY License #02080444

RE/MAX ELITE REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,998 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex
  • Entry on the 1st floor
  • Asphalt

Interior Spaces

  • 3 Bedrooms
  • 1,890 Sq Ft Home
  • 1-Story Property

Laundry

  • Laundry Room
  • Laundry in Kitchen

Parking

  • Parking Available
  • Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 4171
  • Assessor Parcel Number 5258013007
  • $784 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Water Sewer Expense $2,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 2700.00
  • Zoning: MPR3YY
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5258013007
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 525.40
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Construction Materials: Asphalt

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Electricity Connected, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6998.00
  • Lot Size Acres: 0.1607

Multi Family

  • Gross Scheduled Income: 39348.00
  • Lot Size Area: 6998.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 4817.12
  • Tax Lot: 10
  • Tax Tract Number: 4171
  • TaxOtherAnnualAssessmentAmount: 784.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2024
Sold by
Sanchez Blanca Y and Juan Jimenez Trust
Bought by
Chen Xiadi and Lin Hong
Current Estimated Value
$1,017,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,800
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2000
Sold by
Suk Yin Choy
Bought by
Jimenez Juan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,700
Interest Rate
8.25%
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
Chen Xiadi $993,000 Wfg National Title
Jimenez Juan J $203,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Xiadi $595,800
Previous Owner Jimenez Juan J $182,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2024 12/18/24 Sold $993,000 -9.7% $525 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
07/27/2024 07/27/24 For Sale $1,099,900 -- $582 / 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 $4,825 $993,000 $543,000 $450,000
2024 $4,825 $305,866 $129,578 $176,288
2023 $4,676 $299,870 $127,038 $172,832
2022 $4,482 $293,992 $124,548 $169,444
2021 $4,449 $288,228 $122,106 $166,122
2020 $4,410 $285,273 $120,854 $164,419
2019 $4,296 $279,681 $118,485 $161,196
2018 $4,163 $274,198 $116,162 $158,036
2016 $3,896 $263,552 $111,652 $151,900
2015 $3,822 $259,594 $109,975 $149,619
2014 $3,788 $254,510 $107,821 $146,689
Source: Public Records

Agents Affiliated with this Home

  • MENDL PAYNE

    Seller's Agent in 2024

    MENDL PAYNE

    REAL BROKER

    (909) 980-6281

    1 in this area

    47 Total Sales

    MENDL PAYNE
    Section Image

  • L

    Seller Co-Listing Agent in 2024

    LISA RICE

    REAL BROKER

    (951) 403-7190

    1 in this area

    51 Total Sales

    LISA RICE
    Section Image
  • YANHUA LIU

    Buyer's Agent in 2024

    YANHUA LIU

    RE/MAX

    (626) 231-1166

    25 in this area

    89 Total Sales

    YANHUA LIU
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV24154830

California Regional Multiple Listing Service (CRMLS)

APN: 5258-013-007

California Los Angeles County Monterey Park 91755

802 E Hellman 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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