2 months on rocket

511 N Nicholson Ave, Monterey Park, CA, 91755

$2,380,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo

Location

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511 N Nicholson Ave, Monterey Park$2,380,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCarport, Garage
Garage1 space
Year Built1956
CoolingWall/Window Unit(s)
FireplaceNone
ViewNeighborhood
MLS #WS24211005
Lot Size0.39 Acres
StatusActive

About 511 N Nicholson Ave

7 unit property in the heart of Monterey Park! Property is comprised of a 3 bedroom/2 bath single family home and six units with 1 bedroom / 1 bath totaling 4,800 SF. Separate meters for gas and electricity, and individual water heaters for each unit. 6 carport spaces and 1 single car garage. Property sits on a spacious 17,166 lot with R3 zoning. Easy access to shops, markets, restaurants, 10 fwy and 60 fwy.

Property Details

Property Features

Property Information:

  • Year Built: 1956
  • Stories: 2

Listing Office:

  • Office Name: Crystal Young, Broker
  • Office Phone: (626) 863-2221
  • Listing Agent: CRYSTAL YOUNG

Interior Features

Interior Information:

  • Appliances: Gas Oven, Gas Range, Water Heater
  • Flooring Type: Laminate, Tile
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood

Parking Information:

  • Garage Space: 1 space
  • Parking: Carport, Garage

Lot Features

Lot Information:

  • Lot: Front Yard, Landscaped
  • Lot Size: 0.39 Acres

Utilities

Utilities Information:

  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: North of E. Emerson Ave. and South of E. Hellman Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,380,000

Tax Information:

  • Annual Amount: $11,565
  • Tax Year: 2021
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Housing Market Comparison

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

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Monterey Park, CA

City

Med. Sold Price

$929K

Med. Price/SqFt

$592

Avg. Days On Market

32

# of Sold Homes

21

511 N Nicholson Ave vs Monterey Park

67 DAYS ON ROCKET

+35 Days

$2,380,000

+$1.4M More

KEY TAKEAWAY

This property is $1.4M 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: #WS24211005

Listing Office:

  • Office Name: Crystal Young, Broker
  • Office Phone: (626) 863-2221
  • Listing Agent: CRYSTAL YOUNG

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: 12/21/2024, 7:21:01 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

Jul 21, 1992Home Sold
$480,000

Tax History

YEARPROP. TAXASSESSMENT
2021$11,565$768,775
2020$11,192$760,893
2019$11,006$745,975
2018$10,881$731,349
2017$10,881$717,010

History based on county public records data.

Payment Calculator

$11.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,202

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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-771773
6
/10

  • Emerson (Ralph Waldo) Elementary School

  • 7544 Emerson Pl

  • 0.84 miles

  • Public District Grades KG-6

school-card-donut-771774
6
/10

  • Bitely (Arlene) Elementary School

  • 7501 Fern Ave

  • 0.97 miles

  • Public District Grades KG-6

school-card-donut-771775
8
/10

  • Monterey Vista Elementary School

  • 901 E Graves Ave

  • 0.99 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,537. The majority of Monterey Park, CA residents have income less than $35k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 511 N Nicholson Ave

What is the listing price of this property?

The listing price of 511 N Nicholson Ave property is $2,380,000.

What type of property is this?

The property 511 N Nicholson Ave is a condo located in Monterey Park, California, 91755.

Is this property for sale now?

Active Listing: 511 N Nicholson Ave 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 $11,565 (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 21, 1992 for $480,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 511 N Nicholson Ave is 1956.

Rocket Homes›California›Los Angeles County›Monterey Park›91755›511 N Nicholson Ave

This home is located at 511 N Nicholson Ave in Monterey Park, CA and zip code 91755 in the The San Gabriel Valley neighborhood. This home, which was built in 1956, sits on a 0.39 acre lot. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $2,380,000.

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 homes for sale in Monterey Park, CA decreased by 12.4% between October 2024 and November 2024. In November 2024, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $929,000.

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

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