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Sold for $1,598,000
    • Listed by: COLDWELL BANKER DYNASTY/ARC • STEVE HANG • Contact: 626 688 3731
    Bought with: IRN REALTY
    $1,598,000

    531 N Ynez Ave, Monterey Park, CA 91754

    8beds
    3baths
    2,842sqft
    Triplex
    Built in 1921
    -- sqft lot
    $1,540,700 Zestimate®
    $562/sqft
    $2,253 Estimated rent

    Home value

    $1,540,700

    $1.43M - $1.65M

    $2,253/mo

    Zestimate® history
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    $10,192/mo

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    What's special

    Investment opportunity in a prime location in Monterey Park with the potential to add ADU! This property features three units spread across two separate buildings. The front building includes:First Unit: 3 bedrooms, 1 bathroom, and 1 detached car garage. Second Unit: 3 bedrooms, 1 bathroom, and 1 detached car garage. Third Unit: 2 bedrooms, 1 bathroom, plus a bonus room, and 1 detached car garage. All units have central A/C and heating, and separate electrical and gas meters. All units are on a month-to-month lease. The property is conveniently close to restaurants, banks, supermarkets, schools, and parks, with easy access to the 10 and 710 freeways. "DRIVE BY ONLY. DO NOT DISTURB TENANTS". "DRIVE BY ONLY, DO NOT DISTURB TENANTS".

    Zillow last checked:

    Listing updated:

    Listed by:

    STEVE HANG DRE #01260352 6266883731,

    COLDWELL BANKER DYNASTY/ARC

    Bought with:

    YING WU, DRE #02031243

    IRN REALTY

    Source: CRMLS,MLS#: WS24192828MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Inside
    Features
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 2,842
    • Total interior livable area: 2,842 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage
    • Garage spaces: 3
    Features
    • Levels: One,Two
    • Stories: 1
    • Entry location: 0
    • Pool features: None
    Lot
    • Size: 9,894 Square Feet
    Details
    • Parcel number: 5256010038
    • Zoning: MPR3*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1921

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs
    Location
    • Region: Monterey Park

    Financial & listing details

    • Price per square foot: $562/sqft
    • Tax assessed value: $1,629,960
    • Date on market: 9/17/2024
    • Cumulative days on market: 31 days
    • Listing terms: Cash,Cash to New Loan

    Price history

    DateEventPrice
    11/15/2024Sold$1,598,000$562/sqft
    Source: CRMLS #WS24192828 Report a problem
    11/5/2024Pending sale$1,598,000$562/sqft
    Source: CRMLS #WS24192828 Report a problem
    10/22/2024Contingent$1,598,000$562/sqft
    Source: CRMLS #WS24192828 Report a problem
    9/17/2024Listed for sale$1,598,000+6.5%$562/sqft
    Source: CRMLS #WS24192828 Report a problem
    6/13/2024Sold$1,500,000+0.7%$528/sqft
    Source: CRMLS #DW24094439 Report a problem
    6/13/2024Pending sale$1,488,888$524/sqft
    Source: CRMLS #DW24094439 Report a problem
    6/5/2024Contingent$1,488,888$524/sqft
    Source: CRMLS #DW24094439 Report a problem
    5/18/2024Listed for sale$1,488,888+97.7%$524/sqft
    Source: CRMLS #DW24094439 Report a problem
    4/26/2012Sold$753,000$265/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $1,629,960 +2%
    2025$21,358 +68.5%$1,598,000 +72.3%
    2024$12,675 +2%$927,256 +2%
    2023$12,425 +4.9%$909,075 +2%
    2022$11,850 +1.2%$891,251 +2%
    2021$11,707 +0.6%$873,776 +1%
    2020$11,641 $864,817 +2%
    2019$11,641 +4.1%$847,861 +2%
    2018$11,182 $831,237 +2%
    2017$11,182 +0.8%$814,939 +2%
    2016$11,094 +7%$798,961 +1.5%
    2015$10,370 +2.9%$786,960 +2%
    2014$10,077 $771,546 +745.1%
    2011-- $91,295 +0.5%
    2009-- $90,830 +2%
    2008-- $89,050 +52.2%
    2007-- $58,520 +2%
    2006-- $57,374 +4%
    2004-- $55,148 +1.9%
    2003-- $54,138
    Find assessor info on the county website

    Neighborhood: 91754

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    Estimated market value
    $1,540,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,540,700

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