Incredible 3-unit property perfect for investors who are looking for outstanding rental income! Corner lot with alley access for your convenience and possible future development of ADU. The single level unit is 2230 Gerhart Ave., which has 1 bedroom, 1 bathroom, a bright living room, a dining area and laundry closet. The downstairs unit is 669 Riggin St. which features 2 bedrooms and 1 bathroom. It also has a large and bright living room, dining room and individual laundry room. The Upstairs unit is 2232 Gerhart Ave. which has 2 bedrooms and 1 bathroom. All units have been well-maintained and share a spacious backyard that is accessed through the private entry in the rear. Each unit has 1 assigned parking space and storage area in its own 1 car garage. Great backyard and covered patio area for your gatherings and parties. This propertys location is ideally located near ELAC and other schools, supermarkets, shopping plazas, parks, gyms, restaurants, and Ralph store is right across street, while providing easy access to the I-60 and 710 freeways for an easy commute.
Sold for $1,300,000
$1,300,000
669 W Riggin St, Monterey Park, CA 91754
5beds
0baths
2,548sqft
MultiFamily
Built in 1948
-- sqft lot
$1,291,500 Zestimate®
$510/sqft
$2,763 Estimated rent
Home value
$1,291,500
$1.18M - $1.42M
$2,763/mo
Zestimate® history
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 0
Interior area
- Total interior livable area: 2,548 sqft
Property
Lot
- Size: 8,276 Square Feet
Details
- Parcel number: 5266006019
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1948
Community & HOA
Location
- Region: Monterey Park
Financial & listing details
- Price per square foot: $510/sqft
- Tax assessed value: $1,460,199
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2026 | Sold | $1,300,000-3.6%$510/sqft |
Source: Public Record Report a problem | ||
| 6/8/2022 | Sold | $1,349,000+8.1%$529/sqft |
Source: Public Record Report a problem | ||
| 5/12/2022 | Pending sale | $1,248,000$490/sqft |
Source: | ||
| 5/12/2022 | Contingent | $1,248,000$490/sqft |
Source: | ||
| 5/1/2022 | Listed for sale | $1,248,000$490/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,460,199 +2% |
| 2025 | $18,748 +1.3% | $1,431,568 +2% |
| 2024 | $18,510 -0.3% | $1,403,499 +2% |
| 2023 | $18,564 +787.4% | $1,375,980 +1201.1% |
| 2022 | $2,092 +3.6% | $105,752 +2% |
| 2021 | $2,019 +0.7% | $103,680 +1% |
| 2020 | $2,006 | $102,618 +2% |
| 2019 | $2,006 +3.7% | $100,606 +2% |
| 2018 | $1,935 | $98,634 +2% |
| 2017 | $1,935 -1.9% | $96,700 +2% |
| 2016 | $1,973 +3.9% | $94,804 +1.5% |
| 2015 | $1,898 +5.1% | $93,380 +2% |
| 2014 | $1,805 | $91,552 +2.5% |
| 2012 | -- | $89,354 +2% |
| 2011 | -- | $87,602 +0.8% |
| 2010 | -- | $86,948 -0.2% |
| 2009 | -- | $87,156 +2% |
| 2008 | -- | $85,448 +2% |
| 2007 | -- | $83,774 +2% |
| 2006 | -- | $82,132 |
| 2005 | -- | $82,132 +4% |
| 2004 | -- | $78,944 +1.9% |
| 2003 | -- | $77,498 +2% |
| 2002 | -- | $75,980 +4% |
| 2000 | -- | $73,032 |
Find assessor info on the county website
Neighborhood: 91754
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Nearby schools
GreatSchools rating
- 5/10Bella Vista Elementary SchoolGrades: K-5Distance: 0.4 mi
- 7/10Macy Intermediate SchoolGrades: 6-8Distance: 1.1 mi
- 6/10Schurr High SchoolGrades: 9-12Distance: 1.4 mi
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Estimated market value
$1,291,500
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
$1,291,500
- California
- Los Angeles County
- Monterey Park
- 91754
- 669 W Riggin St