$1,350,000
$40K PRICE DROP

829 Hershey Ave Monterey Park, CA 91755

Estimated payment $8,756/month

Total Views 29,807
5 Beds
4 Baths
2,326 Sq Ft
$580 Price per Sq Ft

Highlights

  • No Units Above
  • Laundry Room
  • Level Lot
  • Garvey (Richard) Intermediate School Rated A-
  • Bike Trail
  • 1-Story Property

About This Home

Prime location in a desirable part of Monterey Park. Rare Investment Opportunity. Single Story 4 units Home with Safety Fire Sprinkler System. All units in excellent condition. Newly Upgraded Kitchen with Quartz Counter Top. Dual Pane Windows. Laminated Wood Floors. Security Gated Side Entry. Coin operated laundry facilities on site, all units include a refrigerator and 2 mini split AC. Convenient location close to schools, stores, and easy access to freeway.

Listing Agent

Yingli Thurston

Frontier Realty Brokerage Phone: 909-282-0628 License #01836030 Listed on: 05/31/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,333

Year Built

  • Built in 1915

Lot Details

  • 7,284 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • Property is zoned MPR2YY

Interior Spaces

  • 2,326 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 2627
  • Assessor Parcel Number 5258013014
  • $548 per year additional tax assessments

Community Details

Overview

Amenities

  • Laundry Facilities

Recreation

  • Bike Trail

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,333

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Price Per Unit: 337500
  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Zoning: MPR2YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 5258013014
  • Year Built: 1915
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Ground Level w/ Steps
  • Common Walls: 2+ Common Walls, No One Above
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 580.40

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 720.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 7284.00
  • Lot Size Acres: 0.1672

Multi Family

  • Electric Expense: 4200.00
  • Fuel Expense: 1200.00
  • Gross Income: 103800.00
  • Gross Scheduled Income: 103800.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 7284.0000 Square Feet
  • Net Operating Income: 78780.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 25020.00
  • Other Expense: 15000.00
  • Other Expense Description: Property
  • Rent Control: No
  • Total Expenses: 10020.00

Tax Info

  • Tax Census Tract: 4817.12
  • Tax Lot: 12
  • Tax Tract Number: 2627
  • TaxOtherAnnualAssessmentAmount: 548.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $15,333 $1,121,551 $913,471 $208,080
2023 $14,819 $1,099,560 $895,560 $204,000
2022 $14,140 $1,078,000 $878,000 $200,000
2021 $8,149 $601,502 $481,203 $120,299
2019 $7,845 $583,663 $466,931 $116,732
2018 $7,722 $572,220 $457,776 $114,444
2017 $7,681 $561,000 $448,800 $112,200
2016 $7,707 $599,720 $436,162 $163,558
2015 $7,554 $590,713 $429,611 $161,102
2014 $7,449 $579,143 $421,196 $157,947
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Price Changed $1,350,000 -2.9% $580 / Sq Ft
05/31/2025 05/31/25 For Sale $1,390,000 0.0% $598 / Sq Ft
04/14/2024 04/14/24 Rented $2,100 0.0% --
04/11/2024 04/11/24 For Rent $2,100 0.0% --
12/29/2021 12/29/21 Sold $1,078,000 +2.7% $560 / Sq Ft
11/02/2021 11/02/21 Price Changed $1,050,000 +8.5% $545 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $968,000 -- $503 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,078,000 Wfg National Title Company
Grant Deed $550,000 Fatcola
Quit Claim Deed -- Fidelity National Title Co
Grant Deed $550,000 Fidelity National Title Co
Grant Deed $457,000 Investors Title Company
Interfamily Deed Transfer -- Orange Coast Title Company
Grant Deed $149,000 American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $809,000 Commercial
Previous Owner $586,000 New Conventional
Previous Owner $584,000 New Conventional
Previous Owner $580,900 New Conventional
Previous Owner $197,000 Credit Line Revolving
Previous Owner $418,000 New Conventional
Previous Owner $365,600 Negative Amortization
Previous Owner $280,000 New Conventional
Previous Owner $100,000 No Value Available
Previous Owner $77,920 Unknown
Previous Owner $57,023 Unknown
Previous Owner $25,000 Credit Line Revolving
Previous Owner $17,000 Credit Line Revolving
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR25121298

California Regional Multiple Listing Service (CRMLS)

APN: 5258-013-014