227 S Chandler Ave
Monterey Park, CA 91754
$1,104,810 Trulia Estimate

227 S Chandler Ave
Monterey Park, CA 91754

  • 4 baths
  • 3,512 sqft
  • 0.37 acres lot size
  • Multi-Family
Off Market · Public Record
$1,104,810 Trulia Estimate
227 S Chandler Ave
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  • 1 Elementary School

    1 Middle School

    1 High School

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  • Lowest crime relative to the rest of Los Angeles county.

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  • 96% of residents commute by car.

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  • 137 Restaurants

    9 Grocery stores

    5 Nightlife

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Off Market · Public Record

Home Details

Overview
  • Multi-Family
  • 4 Baths
  • Built in 1959
  • 0.37 acres lot size
  • 3,512 sqft
Description

This property is no longer available to rent or buy. This description is from March 03, 2015
Wow!!!! R3 zoning. Large lot for a condo project. DEVELOPMENT OPPORTUNITY AND PRIME LOCATION in Monterey park. We are so pleased to offer this 4 units located in the heart of Monterey park for sale. Rent will be collected during the design work and review. Great Monterey Park location, located on a quiet, tree lined street, close to a Chinese supermarket, banks and restaurants. Currently there are 4 units total. One detached house 227 3 beds/1 bath (title shows 2 beds/1 bath) with a 2 car detached garage, tenants are paying $1800/month. There are 3 units in the other building, has a new roof and new water heaters. 229 A 2 beds/1 bath, $1400/month. 229 B (2 beds/1 bath) $1350/month. 229 C(1 bed/1 bath) $985/month. 229 B has a one year lease, the others are under month to month term. Total monthly income is $5535/ month. Landlord pays water, trash and gardener. Property to be sold as is condition. Truly a remarkable development opportunity. Buyer to verify with city for great potential development. Don't let this one get away. Please do not disturb tenants. Drive by and offer is subject to interior inspection.

Price History
Date
Price
Event

04/17/2015
$2,388,800
Posting removed

03/02/2015
$2,388,800
Price change
Price Change
-$491,200 (-17.06%)
Source
RE/MAX PREMIER PROPERTIES

02/09/2015
$2,880,000
Listed for sale

12/31/2012
$177,500
Sold
Recording Date
12/31/2012
Contract Date
12/27/2012
Sale Price
$177,500
Price Type
Full amount computed from Transfer Tax or Excise Tax.
County Transfer Tax
$195
Total Transfer Tax
N/A
Transaction Type
Purchase/Resale Arm's Length Residential Transaction
Document Type
N/A

11/28/2012
$887,000
Sold
Recording Date
11/28/2012
Contract Date
10/09/2012
Sale Price
$887,000
Price Type
Full amount computed from Transfer Tax or Excise Tax.
County Transfer Tax
$976
Total Transfer Tax
N/A
Transaction Type
Purchase/Resale Arm's Length Residential Transaction
Document Type
N/A

Property Taxes and Assessment
Year
2017
Tax
$12,946.79
Assessments
$941,139
Land
$477,467
Improvements
$463,672
Total
$941,139
Market Value
N/A

Price Trends
Real Estate Trends
Average Listing Price for 91754
$761,744
329% above sold price
Median Sale Price for 91754
$615,000
246% above sold price
Average Sale price/sqft for 91754
$410/sqft
Comparables and Estimates
Sold Homes
Address Distance Property Type Sold Price Sold Date Bed Bath Sqft
2.54
Multi-Family
$1,188,000
04/28/17
5
5
2,878
3.28
Multi-Family
$1,000,000
12/05/17
12
12
7,146
0.74
Multi-Family
$940,000
06/01/17
7
6
3,525
3.07
Multi-Family
$1,047,000
08/25/17
7
7
5,715
5.84
Multi-Family
$1,025,000
12/18/17
-
7
2,494
2.03
Multi-Family
$860,000
08/28/17
5
3
2,100
2.57
Multi-Family
$1,000,000
11/07/17
7
4
3,498
3.56
Multi-Family
$1,410,000
05/30/17
5
2
1,874
4.21
Multi-Family
$1,450,000
11/22/17
-
8
6,020
1.11
Multi-Family
$1,470,000
06/09/17
8
7
4,271

Contact Info


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