NOT LISTED FOR SALE

803 E Emerson Ave Monterey Park, CA 91755

Estimated Value: $951,000 - $1,192,000

4 Beds
2 Baths
1,393 Sq Ft
$796/Sq Ft Est. Value

Last Sold August 09, 2018

Last sale price $790,000 $567 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,808/month

9 Days on Market

Highlights

  • Spanish Architecture
  • No HOA
  • Outdoor Storage
  • Garvey (Richard) Intermediate School Rated A-
  • Neighborhood Views
  • 3 Car Garage

About This Home

As of August 2018

**(2) SEPARATE HOMES with SEPARATE PRIVATE YARD AREAS, both yours on one property** Both are 2 bed / 1 bath ** This is what you call a 2 FOR 1 SPECIAL – both currently in GREAT CONDITION. Centered between MARK KEPPEL HIGH SCHOOL and the popular streets of GARFIELD AVE and GARVEY AVE where all the shopping and restaurants renowned in Monterey Park can be found – You have it all right by you. Would you ever need to drive again? The 10 fwy entrance is a few short blocks away. Reach Downtown LA for work with a short drive or just stay local. *** Live here or lease to quality tenants. Market rent potential for front unit can be $1,950 and rear unit can be $1,700 if you advertise it right. Make the Right Choice to Invest Today

Last Agent to Sell the Property

James Y. Kuang

Standard Prosperity License #01906627 Listed on: 07/24/2018

Last Buyer's Agent

Elizabeth Lau

Pinnacle Real Estate Group License #01902355

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,897

Year Built

  • Built in 1952

Lot Details

  • 7,754 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Ranch Style House
  • Spanish Architecture
  • Turnkey
  • Raised Foundation
  • Fire Rated Drywall
  • Shingle Roof

Interior Spaces

  • 1,393 Sq Ft Home
  • Neighborhood Views

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Location

  • Suburban Location

Schools

  • Mark Keppel High School

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 3511
  • Assessor Parcel Number 5258015040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,897

Year Built

Built in 1952

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: MPR2YY
  • Architectural Style: Ranch, Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 5258015040
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1393.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 567.12
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • Other Structures: Storage
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Drywall Walls

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban

Schools

  • School District: Alhambra
  • High School: Mark Keppel
  • High School: Mark Keppel
  • High School2: MARKEP

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7754.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 4817.12
  • Tax Lot: 11
  • Tax Tract Number: 3511

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2023
Sold by
Tsang Siu Fan
Bought by
Siu Fan Tsang Living Trust and Tsang
Current Estimated Value
$1,109,172

Purchase Details

Listed on
Jul 24, 2018
Closed on
Aug 2, 2018
Sold by
Hsu Joseph W
Bought by
Lau Hoi Kan and Tsang Siu Fan
Seller's Agent
James Y. Kuang
Standard Prosperity
Buyer's Agent
Elizabeth Lau
Pinnacle Real Estate Group
List Price
$697,000
Sold Price
$790,000
Premium/Discount to List
$93,000
13.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.82%

Purchase Details

Closed on
May 13, 2016
Sold by
Chen Kan Hank and Chen Kan Donna
Bought by
Hsu Joseph W

Purchase Details

Closed on
Feb 1, 2012
Sold by
Hsu Joseph W
Bought by
Chen Kan Hank and Chen Kan Donna

Purchase Details

Closed on
Mar 9, 2004
Sold by
Dunaway Camille
Bought by
Nguyen Steve H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2003
Sold by
Nguyen Can N and Nguyen Quynh N
Bought by
Dunaway Camille

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,000
Interest Rate
7.75%
Source: Public Records

Range of Values:

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Average Value
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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
Siu Fan Tsang Living Trust -- None Listed On Document
Tsang Siu Fan -- None Listed On Document
Lau Hoi Kan $790,000 Stewart Title
Hsu Joseph W -- None Available
Chen Kan Hank -- None Available
Nguyen Steve H $350,000 Southland
Dunaway Camille $305,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nguyen Steve H $280,000
Previous Owner Dunaway Camille $274,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2018 08/09/18 Sold $790,000 +13.3% $567 / Sq Ft
08/02/2018 08/02/18 Pending -- -- --
07/26/2018 07/26/18 For Sale $697,000 -11.8% $500 / Sq Ft
07/25/2018 07/25/18 Off Market $790,000 -- --
07/24/2018 07/24/18 For Sale $697,000 -- $500 / 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 $11,897 $881,254 $728,431 $152,823
2024 $11,897 $863,976 $714,149 $149,827
2023 $11,499 $847,037 $700,147 $146,890
2022 $10,974 $830,429 $686,419 $144,010
2021 $10,928 $814,147 $672,960 $141,187
2020 $10,823 $805,800 $666,060 $139,740
2019 $10,517 $790,000 $653,000 $137,000
2018 $6,145 $441,013 $347,914 $93,099
2016 $5,683 $423,890 $334,405 $89,485
2015 $5,573 $417,523 $329,382 $88,141
2014 $5,504 $409,345 $322,930 $86,415
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR18177968

California Regional Multiple Listing Service (CRMLS)

APN: 5258-015-040