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162 E Graves Ave, Monterey Park, CA, 91755

$959,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
1 Full Bath
1,171 SqFt
$819/SqFt
House

Location

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162 E Graves Ave, Monterey Park$959,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Multi, Garage
Year Built1951
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewPark, Hills
MLS #24430711
Lot Size0.19 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 162 E Graves Ave

Discover your dream home in the tranquil hills of Monterey Park! This beautifully renovated mid-century gem offers the perfect blend of classic charm and modern updates. Featuring 3 bedrooms and 1 bathroom, this home boasts some recent updates including the roof, windows, plumbing, lighting, and more. Step inside to find the elegance of refinished original hardwood floors and an abundance of natural light that creates a warm and inviting atmosphere. The brand-new kitchen is a chef's delight, showcasing sleek countertops, contemporary cabinetry, and top-of-the-line appliances. The updated bathroom offers a fresh and stylish design that adds a touch of luxury to your daily routine. Need a second bathroom? Great news! The seller is giving a credit towards the cost of installing a second bathroom. The backyard is an entertainer's paradise, offering a park-like setting surrounded by lush greenery and stunning views of rolling hills. It's an ideal space for hosting gatherings or simply enjoying peaceful outdoor moments. Situated conveniently near the freeway and local amenities, this home provides easy access while feeling like a serene retreat nestled on the hillside. The detached 2-car garage offers versatile potential, whether as a creative studio or a future ADU. Plus, there's plenty of space in the rear yard if you desire to expand the home in the future. Don't miss out on this opportunity to own a beautiful, updated home in a coveted location. Schedule a visit today and imagine the possibilities for your new life here!

Property Details

Property Features

Property Information:

  • Architectural Style: Mid-Century Modern
  • Year Built: 1951
  • Stories: 1
  • Living Area: 1,171 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (323) 593-6999
  • Listing Agent: John Anthony Christopher

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Refrigerator
  • Flooring Type: Tile, Wood
  • Interior: Separate/Formal Dining Room
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Park, Hills

Parking Information:

  • Parking: Door-Multi, Garage

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: East on Graves from Garfeild

Price Information

Listing Price Info

Price Summary:

  • List Price: $959,000
  • Price Per SqFt: $819/SqFt

Tax Information:

  • Annual Amount: $3,467
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Monterey Park, CA.

Med. Sold Price

$929K

Med. Price/SqFt

$592

Avg. Days On Market

32

# of Sold Homes

21

162 E Graves Ave vs Monterey Park

118 DAYS ON ROCKET

+86 Days

$959,000

+$30K More

$819/SqFt

+$226 More

KEY TAKEAWAY

This property is $30K more than the Median Sold Price and $226/SqFt more than other homes in Monterey Park, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24430711

Listing Office:

  • Office Name: Compass
  • Office Phone: (323) 593-6999
  • Listing Agent: John Anthony Christopher

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 10:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 01, 1999Home Sold
$180,000
Mar 09, 1988Home Sold
$140,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,467$255,565
2020$3,346$252,946
2019$3,323$247,987
2018$3,298$243,125
2017$3,298$238,359

History based on county public records data.

Payment Calculator

$4,854

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,942

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4498869
8
/10
  • Monterey Vista Elementary School

  • 901 E Graves Ave

  • 0.73 miles

  • Public District Grades KG-6

school-card-donut-4498870
7
/10
  • Hillcrest Elementary School

  • 795 Pepper St

  • 0.92 miles

  • Public District Grades KG-6

school-card-donut-4498871
6
/10
  • Bitely (Arlene) Elementary School

  • 7501 Fern Ave

  • 1.04 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,294. Typical income of Monterey Park, CA residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 162 E Graves Ave

What is the listing price of this property?

The listing price of 162 E Graves Ave property is $959,000.

What type of property is this?

The property 162 E Graves Ave is a house located in Monterey Park, California, 91755.

Is this property for sale now?

Accepting Backup Offers: 162 E Graves Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,467 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 1, 1999 for $180,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 162 E Graves Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 162 E Graves Ave is 1,171 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 162 E Graves Ave is 1951.

Rocket HomesCaliforniaLos Angeles CountyMonterey Park91755162 E Graves Ave

This home is located at 162 E Graves Ave in Monterey Park, CA and zip code 91755 in the The San Gabriel Valley neighborhood. This 1,171 square foot home, which was built in 1951, sits on a 0.19 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $959,000.

While more than 9 listings in Monterey Park, CA in November 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 9 were sold below. In November 2024 in Monterey Park, CA there were 12.4% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $929,000, while the average time on the real estate market was 32 days.

From Rocket Homes Real Estate and based on county public records data.

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