Explore an unparalleled investment opportunity in Monterey Park – a developer's dream with R2 zoning. This 1993 sq ft single-family home on a vast 10,959 sq ft lot offers immense potential for expansion and increased value. Situated in a prime location with excellent schools, restaurants, and shopping nearby, this property is a canvas for transformation. The 3-car garage adds convenience and an incomplete upstairs flat with a separate entrance presents versatile living options. Buyers should verify land use, permits, and property conditions. Despite the need for repairs, this 4-bed, 2.5-bath home with a separate laundry room is a solid foundation for customization. A unique feature is its participation in a Power Purchase Agreement with IGS Solar, resulting in significantly reduced energy costs and a commitment to green living. Don't miss the chance to shape the future of this Monterey Park gem and capitalize on a rare investment opportunity!
Sold for $930,000
Listed by: CENTURY 21 Affiliated • Jennifer Purzycki • Contact: 949-395-6853
Bought with: CENTURY 21 Affiliated
$930,000
512 Everett Ave, Monterey Park, CA 91755
4beds
1,993sqft
Single Family Residence
Built in 1953
0.25 Acres Lot
$1,246,500 Zestimate®
$467/sqft
$4,548 Estimated rent
Home value
$1,246,500
$1.15M - $1.36M
$4,548/mo
Zestimate® history
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$4,548/mo
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$6,033/mo
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Zillow last checked:
Listing updated:
Listed by:
Jennifer Purzycki DRE #01875805 949-395-6853,
CENTURY 21 Affiliated,
Dawn White DRE #01896876,
CENTURY 21 Affiliated
Bought with:
Jennifer Purzycki, DRE #01875805
CENTURY 21 Affiliated
Dawn White, DRE #01896876
CENTURY 21 Affiliated
Source: CRMLS,MLS#: OC23214411
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Bedroom, Primary Bathroom, Primary Bedroom
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: Bedroom on Main Level
Cooling
- None
Appliances
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Features
- Bedroom on Main Level, Main Level Primary
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,993 sqft
Property
Parking
- Total spaces: 3
- Parking features: Driveway Up Slope From Street, Garage
- Attached garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 0.25 Acres
- Features: 0-1 Unit/Acre
Details
- Parcel number: 5259002060
- Special conditions: Probate Listing
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco
Condition
- New construction: No
- Year built: 1953
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy generation: Solar
Community & HOA
Community
- Features: Curbs, Street Lights
Location
- Region: Monterey Park
Financial & listing details
- Price per square foot: $467/sqft
- Tax assessed value: $948,600
- Annual tax amount: $12,680
- Date on market: 11/27/2023
- Cumulative days on market: 10 days
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/9/2024 | Listed for rent | $4,500$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/10/2024 | Sold | $930,000-15.5%$467/sqft |
Source:  CRMLS #OC23214411 Report a problem | ||
| 12/8/2023 | Pending sale | $1,100,000$552/sqft |
Source: CRMLS #OC23214411 Report a problem | ||
| 11/27/2023 | Listed for sale | $1,100,000$552/sqft |
Source: CRMLS #OC23214411 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,680 -17.6% | $948,600 -18.6% |
| 2024 | $15,391 +587.9% | $1,165,860 +768.2% |
| 2023 | $2,238 +4.1% | $134,282 +2% |
| 2022 | $2,149 +1.8% | $131,650 +2% |
| 2021 | $2,112 +0.6% | $129,070 +1% |
| 2020 | $2,100 | $127,748 +2% |
| 2019 | $2,100 +13% | $125,244 +2% |
| 2018 | $1,859 | $122,789 +2% |
| 2017 | $1,859 +0.1% | $120,383 +2% |
| 2016 | $1,856 +7.5% | $118,024 +1.5% |
| 2015 | $1,727 +2.4% | $116,252 +2% |
| 2014 | $1,687 | $113,975 +2.5% |
| 2012 | -- | $111,238 +2% |
| 2011 | -- | $109,058 +0.8% |
| 2010 | -- | $108,244 -0.2% |
| 2009 | -- | $108,502 +2% |
| 2008 | -- | $106,376 +2% |
| 2007 | -- | $104,291 +2% |
| 2006 | -- | $102,247 |
| 2005 | -- | $102,247 +4% |
| 2004 | -- | $98,279 +1.9% |
| 2003 | -- | $96,478 +2% |
| 2002 | -- | $94,587 +4% |
| 2000 | -- | $90,916 |
Find assessor info on the county website
Neighborhood: 91755
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Nearby schools
GreatSchools rating
- 7/10Repetto Elementary SchoolGrades: K-8Distance: 0.6 mi
- 9/10Mark Keppel High SchoolGrades: 9-12Distance: 1 mi
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Estimated market value
$1,246,500
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Estimated market value
$1,246,500
- California
- Los Angeles County
- Monterey Park
- 91755
- 512 Everett Ave
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