new - 6 days on rocket

425 N Rural Dr, Monterey Park, CA, 91755

$2,530,000

0 Baths
Multi

Location

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Property Highlights

Home TypeTriplex
ParkingConcrete, Driveway, Garage
Garage2 spaces
Year Built1929
HeatingCentral
CoolingCentral Air, Wall/Window Unit(s)
FireplaceNone
MLS #WS24230378
Lot Size0.21 Acres
StatusActive

About 425 N Rural Dr

Wow, A Wonderful Multiple Units + ADU in the Center of Monterey Park! The gated property with the Zoning of MPR3* , spanning a huge lot of 9,110 SqFt and a generous living area of 3,572 SqFt, provides an excellent opportunity for an investor and/or as an owner with unbeatable income. The Front Unit on the second floor with an external staircase, offers 3 decent sized bedrooms and 1 bathrooms, a spacious living room open to a dining room, a kitchen, and two car garage on the first floor. The Middle Unit boasts 4 bedrooms and 3 bathrooms, featuring an open floor plan, a large living room connected to the dining area, kitchen with granite countertops, stainless appliances, pantry family room, and its private gardening yard. The Back Unit is the newly completed ADU on the rear, a suite with its private bathroom, and 2 bedrooms sharing a full bathroom, two car garage. The property provides 3 separate electric meters, 3 gas meters, and 3 post boxes, each unit with its laundry, central air conditioning, tankless water heaters, and solar panels for ADU. More features including upgraded bathrooms, remodeled kitchens, upgraded hardwood and tile flooring, recessed lights, dual pane windows, cement ground on back and side yard easy to maintain, beautiful front yard garden, and more parking spaces on the front yard and the corner street. Prime location, walking distance to top rated Mark Keppel High School, with all the conveniences to school, public transportation, markets, and numerous gourmet restaurants. Easy access to the I- 10 and 710 freeways, enjoy the dynamic of DTLA, Monterey Park, Alhambra, and the best gourmet foods for you to choose. Minutes’ drive to AMC theater at Atlantic Square, close to Sierra Vista Park, TS Emporium, 99 Ranch Market, bus stations, and medical facilities. Take your chance to make this spectacular Monterey Park property your new home or investment to collect for rent! It won’t last!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1929
  • Stories: 1

Listing Office:

  • Office Name: RE/MAX ELITE REALTY
  • Office Phone: (626) 589-3179
  • Listing Agent: LAN XIAO

Interior Features

Interior Information:

  • Appliances: Gas Range, Tankless Water Heater
  • Flooring Type: Laminate, Tile, Vinyl, Wood
  • Interior: Ceiling Fan(s), High Ceilings, Pantry, Quartz Counters, Recessed Lighting, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Primary Suite, Walk-In Pantry, Walk-In Closet(s)
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Concrete, Driveway, Garage

Lot Features

Lot Information:

  • Lot: Paved, Rectangular Lot
  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Wall/Window Unit(s)

Other

Directions Information:

  • Directions: South of Hellman Ave, East of Garfield Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,530,000

Tax Information:

  • Annual Amount: $15,410
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$925K

Med. Price/SqFt

$586

Avg. Days On Market

29

# of Sold Homes

23

425 N Rural Dr vs Monterey Park

6 DAYS ON ROCKET

-23 Days

$2,530,000

+$1.6M More

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price in Monterey Park, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #WS24230378

Listing Office:

  • Office Name: RE/MAX ELITE REALTY
  • Office Phone: (626) 589-3179
  • Listing Agent: LAN XIAO

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: 11/14/2024, 10:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 13, 2020Home Sold
$1,150,000
Nov 30, 2018Home Sold
$1,004,500

Tax History

YEARPROP. TAXASSESSMENT
2021$15,410$1,150,000
2020$13,415$1,024,590
2019$1,411$1,004,500
2018$1,436$78,175
2017$1,436$76,643

History based on county public records data.

Payment Calculator

$12.6K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,652

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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-286935
6
/10
  • Emerson (Ralph Waldo) Elementary School

  • 7544 Emerson Pl

  • 0.56 miles

  • Public District Grades KG-6

school-card-donut-286936
6
/10
  • Bitely (Arlene) Elementary School

  • 7501 Fern Ave

  • 0.72 miles

  • Public District Grades KG-6

school-card-donut-286937
8
/10
  • Monterey Vista Elementary School

  • 901 E Graves Ave

  • 0.83 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,101. The majority of Monterey Park, CA residents have income less than $35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

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Rocket HomesCaliforniaLos Angeles CountyMonterey Park91755425 N Rural Dr

This home is located at 425 N Rural Dr in Monterey Park, CA and zip code 91755 in the The San Gabriel Valley neighborhood. This home, which was built in 1929, sits on a 0.21 acre lot. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $2,530,000.

While more than 10 listings in Monterey Park, CA in October 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 10 were sold below. In October 2024 in Monterey Park, CA there were 0.9% more homes for sale than in September 2024. In October 2024, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $925,000.

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

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