Charming investment or self-living property in a great Monterey Park location (within Mark Keppel High School boundary). Total living area is 1,516 sqft on a 6,015 sqft lot per County Assessor data. Front house has 2 bedrooms and 1.5 bathrooms with a laundry room and an attached garage. Front unit is around 904 SF and the tenant just moved out. The detached back house has 2 small bedrooms and one bathroom also with laundry hookup; it is vacant and just done some upgrades, it is around 612 SF. Both units will be delivered vacant. Two electricity meters, two gas meters, and one water meter. It is on a hillside and has a beautiful overlook view; also it may have ADU potential, please check with City. It is closed to everything which daily life required, easy access to Freeway 10, 60, 710, and only 6 miles away to Downtown LA. It is a value-add real estate asset for either an investor or a homeowner. Sold in “As-Is” condition.
Sold for $880,000
Listed by: Pinnacle Real Estate Group • DORESA WANG • Contact: 626-888-9808
Bought with: Camerra Capital
$880,000
502 W Graves Ave, Monterey Park, CA 91754
4beds
1,516sqft
Duplex
Built in 1925
6,017 Square Feet Lot
$906,300 Zestimate®
$580/sqft
$3,277 Estimated rent
Home value
$906,300
$861,000 - $952,000
$3,277/mo
Zestimate® history
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Laundry hookupGreat monterey park location
Zillow last checked:
Listing updated:
Listed by:
DORESA WANG DRE #01523172 626-877-6866,
Pinnacle Real Estate Group
Bought with:
Diego Esquivel, DRE #01733351
Camerra Capital
Source: CRMLS,MLS#: WS24026250
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 3
- Main level bedrooms: 4
Rooms
- Room types: Bedroom, Kitchen, Living Room, Primary Bathroom
Bedroom
- Features: Bedroom on Main Level
Cooling
- None
Appliances
- Laundry: Inside
Features
- Bedroom on Main Level
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,516 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached
- Attached garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Entry location: Ground
- Pool features: None
- Has view: Yes
- View description: Valley
Lot
- Size: 6,017 Square Feet
- Features: Sloped Up
Details
- Parcel number: 5263003014
- Zoning: MPR1*
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Duplex
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Unknown
- Water: Public
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Monterey Park
Financial & listing details
- Price per square foot: $580/sqft
- Tax assessed value: $897,600
- Annual tax amount: $11,970
- Date on market: 2/5/2024
- Cumulative days on market: 30 days
- Listing terms: Cash,Cash to New Loan,1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2024 | Sold | $880,000-1.1%$580/sqft |
Source:  CRMLS #WS24026250 Report a problem | ||
| 4/25/2024 | Pending sale | $890,000$587/sqft |
Source: CRMLS #WS24026250 Report a problem | ||
| 4/8/2024 | Contingent | $890,000$587/sqft |
Source: CRMLS #WS24026250 Report a problem | ||
| 3/8/2024 | Listed for sale | $890,000+374.7%$587/sqft |
Source: CRMLS #WS24026250 Report a problem | ||
| 1/31/2001 | Sold | $187,500$124/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,970 +196.7% | $897,600 +224.1% |
| 2024 | $4,035 +2% | $276,968 +2% |
| 2023 | $3,955 +4.7% | $271,538 +2% |
| 2022 | $3,779 +1.4% | $266,215 +2% |
| 2021 | $3,728 +0.6% | $260,996 +1% |
| 2020 | $3,707 | $258,321 +2% |
| 2019 | $3,707 +4.4% | $253,257 +2% |
| 2018 | $3,550 | $248,292 +2% |
| 2017 | $3,550 +0% | $243,424 +2% |
| 2016 | $3,548 +6.9% | $238,652 +1.5% |
| 2015 | $3,320 +2.6% | $235,069 +2% |
| 2014 | $3,234 | $230,465 +5.3% |
| 2010 | -- | $218,871 -0.2% |
| 2009 | -- | $219,392 +6.1% |
| 2006 | -- | $206,741 |
| 2005 | -- | $206,741 +4% |
| 2004 | -- | $198,715 +1.9% |
| 2003 | -- | $195,074 +2% |
| 2002 | -- | $191,250 -4.4% |
| 2000 | -- | $200,000 |
Find assessor info on the county website
Neighborhood: 91754
Nearby homes
- $1,057,4003 bd2 ba2.1k sqft468 W Graves Ave, Monterey Park, CA 91754Off Market
- $802,1003 bd2 ba1k sqft504 W Graves Ave, Monterey Park, CA 91754Off Market
- $1,065,2003 bd2 ba1.6k sqft440 W Graves Ave, Monterey Park, CA 91754Off Market
- $3,7704 bd2 ba1.7k sqft508 W Graves Ave, Monterey Park, CA 91754For Rent
- $823,4002 bd1 ba999 sqft510 W Graves Ave, Monterey Park, CA 91754Off Market
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- $789,7002 bd2 ba1.1k sqft514 W Graves Ave, Monterey Park, CA 91754Off Market
- $791,4002 bd1 ba822 sqft512 W Graves Ave, Monterey Park, CA 91754Off Market
Nearby schools
GreatSchools rating
- 7/10Repetto Elementary SchoolGrades: K-8Distance: 0.1 mi
- 9/10Mark Keppel High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- High: Mark Keppel
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$906,300
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Estimated market value
$906,300
- California
- Los Angeles County
- Monterey Park
- 91754
- 502 W Graves Ave
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