NOT LISTED FOR SALE

936 E Hellman Ave Unit 3 Monterey Park, CA 91755

Estimated Value: $988,000 - $1,174,426

3 Beds
3 Baths
1,740 Sq Ft
$632/Sq Ft Est. Value

Last Sold July 25, 2018

Last sale price $845,000 $486 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $7,008/month

12 Days on Market

Highlights

  • Double Pane Windows
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Garvey (Richard) Intermediate School Rated A-
  • Living Room
  • Outdoor Storage

About This Home

As of July 2018

Well maintained Triplex in very desirable rental area of Monterey Park and in Alhambra School District. 3 attached Units on a BIG Lot, Each unit offers 1 bedroom, 1 Bath with nice size living room and dining area, each unit with it's own washer hookup, Wall heater, and A/C. 3 Carport + 7 parking spaces. Good location with great opportunity! Walking distance to Mark Keppel High School,close proximity to Shops,Transportation, Freeways., **Please do not disturb tenants**

Last Agent to Sell the Property

May Lau

Pinnacle Real Estate Group License #01905016 Listed on: 06/10/2018

Pinnacle Real Estate Group

Last Buyer's Agent

May Lau

Pinnacle Real Estate Group License #01905016 Listed on: 06/10/2018

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 8,644 Sq Ft Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Density is 2-5 Units/Acre

Home Design

  • Triplex
  • Shingle Roof

Interior Spaces

  • 1,740 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Living Room
  • Termite Clearance
  • Gas Cooktop
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 7 Open Parking Spaces
  • 10 Parking Spaces
  • 3 Carport Spaces

Outdoor Features

  • Outdoor Storage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Community Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $30
  • Insurance Expense $800
  • Operating Expense $2,580
  • Net Operating Income $40,700

Listing and Financial Details

  • Tenant pays for electricity, gas, pest control
  • Tax Lot 2
  • Tax Tract Number 4171
  • Assessor Parcel Number 5258013034

Property Details

Home Type

Multi-Family

Year Built

Built in 1961 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • Inclusions: A,B,C Units. Total 3 Units
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Zoning: MPR3YY
  • Property Condition: Termite Clearance, Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 30.00
  • Parcel Number: 5258013034
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 485.63
  • Room Type: Kitchen, Living Room
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows

Exterior Features

  • Other Structures: Storage
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 3.00
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 7.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Green Features

  • Efficiency: Windows

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8644.00

Rental Info

  • Tenant Pays: Electricity, Gas, Pest Control

Multi Family

  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 800.00
  • Net Operating Income: 40700.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 1
  • Operating Expense: 2500.00
  • Rent Control: No
  • Total Expenses: 2580.00

Tax Info

  • Tax Census Tract: 4817.12
  • Tax Lot: 2
  • Tax Tract Number: 4171

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2022
Sold by
Auduong Dau
Bought by
Dau Auduong Family Trust and Auduong
Current Estimated Value
$1,099,107

Purchase Details

Listed on
Jun 10, 2018
Closed on
Aug 23, 2018
Sold by
Situ Silvia Fangfang
Bought by
Situ Silvia Fangfang and Situ Family Trust
Seller's Agent
May Lau
Pinnacle Real Estate Group
Buyer's Agent
May Lau
Pinnacle Real Estate Group
List Price
$818,000
Sold Price
$845,000
Premium/Discount to List
$27,000
3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.56%
Original Mortgage
$591,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 10, 2018
Closed on
Jul 17, 2018
Sold by
Wong Ben Manbun
Bought by
Situ Silvia Fang Fang
Seller's Agent
May Lau
Pinnacle Real Estate Group
Buyer's Agent
May Lau
Pinnacle Real Estate Group
List Price
$818,000
Sold Price
$845,000
Premium/Discount to List
$27,000
3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$591,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 10, 2018
Closed on
Jun 28, 2018
Sold by
Wu Tung Chun Danny
Bought by
Situ Silvia Fangfang
Seller's Agent
May Lau
Pinnacle Real Estate Group
Buyer's Agent
May Lau
Pinnacle Real Estate Group
List Price
$818,000
Sold Price
$845,000
Premium/Discount to List
$27,000
3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$591,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2018
Sold by
Wong Mike Mankwai
Bought by
Wong Ben Manbun and Wong Kit Mankit

Purchase Details

Closed on
May 11, 2013
Sold by
Wong Lee Oi
Bought by
Wong Lee Oi and Lee Oi Wong Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dau Auduong Family Trust -- None Listed On Document
Situ Silvia Fangfang -- None Available
Situ Silvia Fang Fang $845,000 Stewart Title
Situ Silvia Fangfang -- Stewart Title
Wong Ben Manbun -- None Available
Wong Lee Oi -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Situ Silvia Fang Fang $591,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2018 07/25/18 Sold $845,000 +3.3% $486 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
06/10/2018 06/10/18 For Sale $818,000 -- $470 / Sq Ft
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 $14,098 $995,836 $647,294 $348,542
2024 $13,683 $976,310 $634,602 $341,708
2023 $13,230 $957,167 $622,159 $335,008
2022 $12,635 $938,400 $609,960 $328,440
2021 $11,950 $870,828 $644,104 $226,724
2020 $11,837 $862,400 $637,500 $224,900
2019 $11,508 $845,500 $625,000 $220,500
2018 $4,971 $336,088 $145,503 $190,585
2016 $4,639 $322,557 $139,853 $182,704
2015 $4,551 $317,713 $137,753 $179,960
2014 $4,506 $311,490 $135,055 $176,435
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS18138317

California Regional Multiple Listing Service (CRMLS)

APN: 5258-013-034