502 W  Graves Ave, Monterey Park, CA 91754
PENDING
Listed by DORESA WANG, Pinnacle Real Estate Group, (626) 888-9808

502 W Graves Ave
Monterey Park, CA 91754

  • 4 Beds
  • 2 Baths
  • 1,516 sqft
  • 4 Beds
  • 2 Baths
  • 1,516 sqft

$890,000

Est. Mortgage $5,725/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

Description

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.

Home Highlights

Parking
1 Car Garage
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
$587
Listed
33 days ago

Home Details for 502 W Graves Ave

Interior Features

Beds & Baths
Number of Bedrooms: 4Main Level Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 3
Dimensions and Layout
Living Area: 1516 Square Feet
Appliances & Utilities
Laundry: Inside
Heating & Cooling
No CoolingAir Conditioning: None
Fireplace & Spa
Fireplace: NoneNo Fireplace
Windows, Doors, Floors & Walls
Common Walls: No Common Walls
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoEntry Location: Ground
View
Has a ViewView: Valley

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageHas an Attached GarageParking Spaces: 1Parking: Garage Attached
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Unknown
Surface & Elevation
Elevation Units: Feet

Days on Market

Days on Market: 33

Property Information

Year Built
Year Built: 1925
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Duplex
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 5263003014

Price & Status

Price
List Price: $890,000Price Per Sqft: $587
Status Change & Dates
Off Market Date: Thu Apr 25 2024

Active Status

MLS Status: Pending

Location

Direction & Address
City: Monterey Park
School Information
High School: Mark KeppelHigh School District: Alhambra

Agent Information

Listing Agent
Listing ID: WS24026250

Community

Community Features: SidewalksNot Senior Community

HOA

Association for this Listing: California Regional MLSNo HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 6017 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Down Payment Resource

Compensation

Buyer Agency Commission: 1.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: WS24026250Attribution Contact: 626-877-6866

Additional Information

Sidewalks
Last check for updates: about 7 hours ago
Listing Provided by: DORESA WANG DRE #01523172, (626) 877-6866
Pinnacle Real Estate Group
Originating MLS: California Regional MLS
Source: CRMLS, MLS#WS24026250
Also Listed on CRMLS.

Price History for 502 W Graves Ave

DatePriceEventSource
04/25/2024$890,000PendingCRMLS #WS24026250
04/08/2024$890,000ContingentCRMLS #WS24026250
03/08/2024$890,000Listed For SaleCRMLS #WS24026250
02/07/2024$890,000ListingRemovedCRMLS #WS24026250
02/06/2024$890,000Listed For SaleCRMLS #WS24026250
10/09/2023$890,000ListingRemovedCRMLS #WS23167623
09/07/2023$890,000Listed For SaleCRMLS #WS23167623
01/31/2001$187,500Sold
N/A

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Property Taxes and Assessment

Year2023
Tax$3,955
Assessment$271,538
Home facts updated by county records

Comparable Sales for 502 W Graves Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.14
Single-Family Home
$800,000
01/11/24
2
2
1,152
0.27
Single-Family Home
$941,800
08/21/23
3
2
1,900
0.33
Single-Family Home
$860,000
09/28/23
3
2
1,365
0.28
Single-Family Home
$1,050,000
09/01/23
4
2
1,909
0.38
Single-Family Home
$775,000
05/04/23
3
2
1,236
0.39
Single-Family Home
$950,000
10/25/23
3
2
1,784
0.25
Single-Family Home
$1,000,000
06/26/23
4
3
1,818
0.44
Single-Family Home
$874,000
05/19/23
3
2
1,595
0.41
Single-Family Home
$1,150,000
12/21/23
3
2
1,573
0.52
Single-Family Home
$955,000
02/23/24
3
2
1,533

What Locals Say about Monterey Park

  • Carlos cornejo
    "I lived here for 17 years the schools are great and a low crime area quite neighborhood the rents kinda high but it’s worth lliving here specifically you have kids"
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  • Chumeng C.
    "I see many dog owners in this neighborhood. Their dogs are welcomed by people here too. Litter boxes are often available along the streets."
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  • Garyhatch
    "Semi retired but equally close to area freeways. near 60, 10, 5, 101, 710 and only 7 miles to 605. No problem getting to freeway headed to any major are, usually accesable in 5-15 minutes. "
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  • Jaiden0426
    "There’s a farmers market once a week on Thursdays. And there is also a carnival at barnes Park once a year "
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  • Garyhatch
    "Peaceful and respectful neighbors. Easy access to shopping by foot or automobile. On weekends, some gatherings are a bit noisy well into the evening, but closing windows takes care of it. Mostly condos between Graves and Garvey east of Garfield. About 5-8 minutes to either 10 or 60 fwy. From there its typical Los Angeles traffic. "
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  • Yolanda S.
    "It’s a quiet and safe city, with a nearby hiking trail, parks and much more to offer. Perfect for families. "
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  • Jerome H.
    "they would love it, to the fullest. its a dog owners dream to live in a area like this. I had a dog at some point, wish it could have been here with me now. "
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  • Elsy R.
    "Very quiet and calm. Clean and very green. I like to live here because there is no drama. People don’t know how to drive around here but other than that it’s okay."
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  • Ada
    "Convenience of Markets, restaurants, shops, coffee shops, banks, freeway and safe. Events for kids on holidays and parate"
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  • Garyhatch
    "I work for clients in their homes and businesses, so I am happy with easy freeway access to 10, 5, 60, etc. So finding a way to wherever is reasonable. "
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  • Jaime H.
    "It’s clean but we need to recycle. Nice quote place with a lot of different places to shop. Neighborhood had a good hospital"
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  • Muakarla
    "Many events at the parks during holidays also have Chinese New Year events as well. There are Christmas performances, cinco de mayo events, Easter events at the churches, independence days events with music and dances, it’s a great neighborhood"
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  • Lorenza A.
    "I went to school here in Monterey Park the matter fact it was Hillcrest and then I went to Garvey so yes I think they have good schools parks are beautiful and people are are friendly and kind"
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  • Bacuusvn2011
    "My family has been living here for 15 years. The city is really nice and safe, nice neighborhood who are always watch for each other."
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  • Colour N.
    "Traffic is horrible in streets since it’s next to freeway where we live and buses is ok to ride. Streets are clean to walk but dog poo isn’t picked up."
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  • Flower P.
    "I've lived in Monterey Park for 6 years. Quiet neighborhood. Stores within walking distance. Parks near by and observatory."
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  • It's M.
    "It’s across a high school and a quite neighborhood. It just gets busy a lot during school hours and parking can be tough "
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  • Robert M.
    "Great schools; safe for kids; excellent food choices and near to downtown. It is quite and away from cross traffic. The only cars that pass are those that live or visit here. "
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  • Alexistrice92
    "There’s plenty of spacious parks for on leash . Plenty of other people walking their dogs at all times of day except night because you know lots of coyotes in the neighborhood "
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  • Tony M.
    "I’ve been living in Monterey Park for 35 years I bought my first house very young 26 years old and bought another house so I really really love Monterey Park friendly you can leave your door unlocked in your home your car nobody ever broken into my car or home thank God love Monterey Park 100%"
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  • Ecpccontact
    "Good school and has Many parks Close by everything Shopping malls hospitals Restaurants bike tracks Tea stations, library, theaters and offices"
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  • Garyhatch
    "The overall Chinese influence is wonderful, making this an ideal place to live and shop. Aside from pricing of real estate, l can't think of a nicer place to live."
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  • Hailinyan2017
    "Very friendly commute and nice people in this area. I like here. It is very quite place. And very convenient to the market and banks. "
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  • Naomi777gonzalez
    "That this neighborhood is safe to walk around at night and that a lot of cafes, shops and restaurants are walking distance. "
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  • Trulia User
    "There is lots of Parks and walkable area's. Really nice neighborhood and amazing food .....for you not your dog."
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  • Shannon A.
    "MPK offers the southern terminus of the Gold Line, which goes from Monterey Park/East LA to Citrus College in Glendora, by way of Mariachi Plaza, Little Tokyo, Union Station, South Pasadena, and more!! We also have a fast local city bus called The Spirit, as well as regular Metro bus service. MPK also offers easy & quick access to many freeways: 5, 10, 110, 710, 60!!! I’ve lived here 27 years & I love it!"
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  • Emmanuel P.
    "People are always walking their dogs in my neighborhood. People walk and ride their bikes here. There is a bike area as well."
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  • Valery V.
    "I have lived here for 15 years! It’s a great neighborhood. There are plenty of great people, lots of dogs!"
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  • Val V.
    "It's a very quiet neighborhood. If you have dogs you may get some complaints if your dog barks loud late in the evenings or early mornings. Other than that it's a great place for pets. There's a park/school down the street. Lots of room for a dog to run and find new places to mark their territory."
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  • Monica
    "Always watch your kids when are around the parks and play grounds Let’s be a better parents and always take care our kids as ours."
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  • Felipe D.
    "Bring bag and pick it up! Clean neighborhood, house around here has beautiful front yards with good sidewalks so you can walk easily and comfy "
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  • Jean T.
    "Their are many parks kids and friends adults and animals on leashes clean friendly around the neighborhood "
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  • Veronika c.
    "Families and neighbors mind their own business. They are also friendly. Plenty of parking no matter what time. Safe neighborhood to live in. "
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LGBTQ Local Legal Protections

DORESA WANG, Pinnacle Real Estate Group
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
502 W Graves Ave, Monterey Park, CA 91754 is a 4 bedroom, 2 bathroom, 1,516 sqft single-family home built in 1925. This property is currently available for sale and was listed by CRMLS on Mar 8, 2024. The MLS # for this home is MLS# WS24026250.