$1,725,000 Price Analysis   ♡   Monterey Park, CA 91755 15 bed 9 bath 4,473 SqFt ($385/SqFt) 0.41 acre lot. Built 1960 Listed 2024-01-25, Taxes $3,338 | Ⓧ USDA Ineligible due to price & location near Monterey Park |
Constructed in 1960 on a 17
* No Longer For Sale *
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752 square foot MPR3 lot, 521 Pomelo Avenue is a 5-unit property comprised f three one-story buildings with a total building size of 4, 473 square feet. The property is separately metered for gas and electric, is serviced by Individual water heaters and offers an on-site laundry facility and uncovered parking.
521 Pomelo Avenue is being offered for sale for the first time in almost four decades. 521 Pomelo Avenue boasts an ideal unit mix of one three-bedroom/one-bathroom unit and four three-bedroom/two-bathroom units. Rents are approximately 56% below market; the property is restricted by AB 1482.
Presented by Priscilla Nee at
CB Richard Ellis, Inc.
Property MLS #21-107281 from TheMLSCLAW
Full Bathrooms: 9
Heating Features: Wall
Lot Size Source: Assessor
Lot Size Square Feet: 17752
Calculated Total Monthly Association Fees: 0
Number of Units: 5
Unit Features: 1 BedsTotal: 3, 1 BathsTotal: 1, 1 SquareFeet: 2100, 2 BedsTotal: 3, 2 BathsTotal: 2, 2 SquareFeet: 2220, 3 BedsTotal: 3, 3 BathsTotal: 2, 3 SquareFeet: 2220
County: Los Angeles
Cap Rate: 2.23
Directions: Located just east of Atlantic Boulevard, between Garvey Avenue and Graves Avenue.
Other Expense: 750
Source Property Type: Residential Income
Area: Monterey Park
Source Neighborhood: Monterey Park
Parcel Number: 5259-009-049
Postal Code Plus 4: 3590
Zoning: MPR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $93,263 + $29,081 $122,344 | $3,338 |
| 2021 | $91,435 + $28,511 $119,946 | $3,287 |
| 2020 | $90,498 + $28,219 $118,717 | $3,267 |
| 2019 | $88,724 + $27,666 $116,390 | $3,210 |
| 2018 | $86,985 + $27,124 $114,109 | $2,975 |
| 2017 | $85,280 + $26,593 $111,873 | $2,962 |
| 2016 | $83,608 + $26,072 $109,680 | $2,789 |
| 2015 | $82,353 + $25,681 $108,034 | $2,747 |
| 2014 | $80,740 + $25,178 $105,918 | $2,754 |
| 2013 | $80,376 + $25,065 $105,441 | $2,731 |
| 2012 | $78,800 + $24,574 $103,374 | $2,702 |
| 2010 | $77,255 + $24,093 $101,348 | $2,541 |
| 2009 | $76,861 + $23,970 $100,831 | $2,465 |
| 2009 | $76,678 + $23,913 $100,591 | $2,465 |
| 2008 | $75,354 + $23,500 $98,854 | $2,395 |
| 2007 | $73,877 + $23,040 $96,917 | $2,281 |
$0
CRMLS
Listed 2024-04-26
$2,380,000
CRMLS
Listing removed 2023-12-08
$0
CRMLS
Listed 2023-10-20
$2,380,000
CRMLS
Sold 2022-01-21
$1,860,000
TheMLSCLAW
Sold 1987-11-10
$99,000
Public Record
Year Built: 1960
Building Exterior Type: Frame, Stucco
Entry Location: Ground Level w/steps
Living Area Source: Assessor
Property Age: 64
Roof: Flat
Levels or Stories: 1
Building Total Stories: 1
Year Built Source: Assessor
Map directions Map directions Map directions Map directionsThe property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.