This is a rare opportunity to own a two unit(Back house brand new ADU:1200 SQ.FT) dream home in the heart of Monterey Park. (1) Front house: 5-bedrooms/ 5baths features one of the most desirable floor plans. The main floor seamlessly flows from the family room, living room, main floor guest suite, kitchen and expansive outdoor recreation area. Stunning features and amenities such as the dining room, adjacent patio, dramatic staircase and extraordinary foyer are illuminated by large windows and glass doors. The gourmet chef's kitchen features professional-grade appliances and custom kitchen cabinets. Upstairs, the rare and luxurious primary suite is the ultimate retreat with beautiful views, a spacious bathroom with an oversized walk-in shower and Jacuzzi tub. Other additional guest bedrooms also feature a practical layout for everyday living. Central A/C and 3-cars garage. (2) Back house: Brand new 3-bedrooms/3 baths ADU with brand new kitchen and cabinet, open dining area, vinyl floor in every room and tile in the kitchen. This home is close to park, school, bank, shopping and restaurants, perfect for a large family or to live in one and rent out the other.
Property Details
Property Features
Property Information:
Year Built: 2002
Stories: 2
Living Area: 4,197 SqFt
Listing Office:
Office Name: RE/MAX PREMIER/ARCADIA
Office Phone: (626) 678-7009
Listing Agent: JASON WEI
Interior Features
Interior Information:
Interior: Bedroom on Main Level
Fireplace: Living Room
Bedroom and Bathroom Information:
Full Bathrooms: 8
Total Bedroom Count: 8
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 3 spaces
Attached Garage: Yes
Lot Features
Lot Information:
Lot Size: 0.18 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: Cross street: E Hellman Ave / N Alhambra Ave
Price Information
Listing Price Info
Price Summary:
List Price: $2,668,880
Price Per SqFt: $636/SqFt
Tax Information:
Annual Amount: $16,537
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Monterey Park, CA.
This property is $1.7M more than the Median Sold Price and $43/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: #WS24202192
Listing Office:
Office Name: RE/MAX PREMIER/ARCADIA
Office Phone: (626) 678-7009
Listing Agent: JASON WEI
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, 11:20:59 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
DATE
EVENT
PRICE
Feb 05, 2019
Feb 05, 2019Home Sold
$1,207,000
Jun 11, 2003
Jun 11, 2003Home Sold
$638,000
Sep 20, 2001
Sep 20, 2001Home Sold
$215,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$16,537
$1,243,894
2020
$11,008
$1,231,140
2019
$10,905
$828,334
2018
$10,709
$812,093
2017
$10,709
$796,171
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$13.3K
Per Month
Principal & Interest
$13.3K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$8,068
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Emerson (Ralph Waldo) Elementary School
7544 Emerson Pl
Distance between this listing and this school0.56 miles
Public District Grades KG-6
6
/10
Bitely (Arlene) Elementary School
7501 Fern Ave
Distance between this listing and this school0.74 miles
Public District Grades KG-6
8
/10
Monterey Vista Elementary School
901 E Graves Ave
Distance between this listing and this school0.85 miles
Public District Grades KG-6
Nearby Schools
9
/10
Garvey (Richard) Intermediate School
2720 Jackson Ave
Distance between this listing and this school0.76 miles
Public District Grades 7-8
7
/10
Ynez Elementary School
120 S Ynez Ave
Distance between this listing and this school0.91 miles
Public District Grades KG-8
8
/10
Ramona Elementary School
509 W Norwood Pl
Distance between this listing and this school1.01 miles
Public District Grades KG-8
Nearby Schools
10
/10
Mark Keppel High School
501 E Hellman Ave
Distance between this listing and this school0.22 miles
Public District Grades 9-12
9
/10
Gabrielino High School
1327 S San Gabriel Blvd
Distance between this listing and this school1.67 miles
Public District Grades 9-12
8
/10
San Gabriel High School
801 S Ramona St
Distance between this listing and this school1.81 miles
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. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 501 N Rural Dr
What is the listing price of this property?
The listing price of 501 N Rural Dr property is $2,668,880.
What type of property is this?
The property 501 N Rural Dr is a house located in Monterey Park, California, 91755.
Is this property for sale now?
Active Listing: 501 N Rural Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $16,537 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on February 5, 2019 for $1,207,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 501 N Rural Dr has 8 bedrooms and 8 bathrooms.
What is the square footage of this property?
The property 501 N Rural Dr is 4,197 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 501 N Rural Dr is 2002.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 501 N Rural Dr in Monterey Park, CA and zip code 91755 in the The San Gabriel Valley neighborhood. This 4,197 square foot home, which was built in 2002, sits on a 0.18 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since September 30, 2024 and is currently priced at $2,668,880.
In November 2024 more than 9 listings in Monterey Park, CA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 9 were sold below. The number of listings in Monterey Park, CA decreased by 12.4% between October 2024 and November 2024. Listings spent 32 days on the market in November 2024, and had a median list price of $929,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
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. 
Art Museums
Art Museums
Major League Soccer (MLS)
Pro Boxing
Bloomingdales
Banana Republic
IKEA
Starbucks
Jack In The Box
Quiznos
Audi
Toyota
Lexus
News
Jazz
Soft Adult Contemporary