NOT LISTED FOR SALE

808 E Newmark Ave Monterey Park, CA 91755

-- Bed
-- Bath
-- Sq Ft
1959 Built

Last Sold June 04, 2012

Last sale price $1,030,000

104 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Monterey Vista Elementary School Rated A-

About This Home

As of June 2012

This home is located at 808 E Newmark Ave, Monterey Park, CA 91755 since 04 January 2012. This property was built in 1959. 808 E Newmark Ave is a home located in Los Angeles County with nearby schools including Monterey Vista Elementary School, Garvey (Richard) Intermediate School, and Mark Keppel High School.

Last Agent to Sell the Property

KENT VERCRUSE

VERCRUSE&ASSOC.INC.REALTORS License #00852192 Listed on: 01/04/2012

Last Buyer's Agent

WILLIAM KWOO

COLDWELL BANKER NEW CENTURY License #01053316

COLDWELL BANKER NEW CENTURY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Parking

  • 7 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Cosmetic Repairs Needed
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Tile

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 42
  • Tax Tract Number 32476
  • Assessor Parcel Number 5259008052

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $60
  • Insurance Expense $2,100
  • Maintenance Expense $3,000
  • Trash Expense $300
  • Water Sewer Expense $3,600
  • New Taxes Expense $2,200
  • Gross Income $4,500
  • Net Operating Income $42,630

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Parking

7

Listing Details

  • Assessments: No
  • Water Sewer Expenses: 3600.00
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 5259008052
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Tile
  • Levels: One

Exterior Features

  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 7.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 12.00

Utilities

  • Trash Expense: 300.00
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 800
  • Electric Expense: 60.00
  • Gross Income: 4500.00
  • Gross Scheduled Income: 54000.00
  • Insurance Expense: 2100.00
  • Maintenance Expense: 3000.00
  • Net Operating Income: 42630.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 11370.00
  • Rent Control: No
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 2200.00
  • Tax Lot: 42
  • Tax Tract Number: 32476
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2012 06/04/12 Sold $1,030,000 -5.3% --
04/17/2012 04/17/12 Pending -- -- --
01/04/2012 01/04/12 For Sale $1,088,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $18,198 $1,262,327 $502,418 $759,909
2024 $18,198 $1,237,576 $492,567 $745,009
2023 $17,623 $1,213,310 $482,909 $730,401
2022 $16,864 $1,189,521 $473,441 $716,080
2021 $16,774 $1,166,198 $464,158 $702,040
2020 $16,621 $1,154,241 $459,399 $694,842
2019 $16,177 $1,131,610 $450,392 $681,218
2018 $15,921 $1,109,422 $441,561 $667,861
2016 $14,648 $1,066,343 $424,415 $641,928
2015 $14,370 $1,050,326 $418,040 $632,286
2014 $14,198 $1,029,753 $409,852 $619,901
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C12000963

California Regional Multiple Listing Service (CRMLS)
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