OFF MARKET

Off market jan 2023 for $870K

$1,061,934

Est. refi paymentEst. refi $5,947/mo

•

3 ba

•

2,442

sq ft

498 W Riggin St, Monterey Park, CA 91754

About this home

Court Confirmation & Overbid Hearing scheduled for December 6th - All interested overbidders wanting to participate must contact listing agents to register by December 3rd. Your next great investment opportunity awaits! Perfect for an Investor or an Owner/User! Built in 1948, this triplex consists of 2,442 SQ. FT. and is comprised of 5 Bedrooms and 3 Bathrooms. The property consists of (2) 2 Bed + 1 Bath units and (1) 1 Bed + 1 Bath unit. The location is ideal due to its proximity to highly rated schools, and is consistently ranked as a great place to live, work, and play. The property is zoned R2 and sits on a 6,825 Sq. Ft. lot.

Multi-familyProperty Type

1948Year Built

6,823 sq ftLot Size

$435Est. Price/Sq.Ft.

2 spacesParking

Listed by David Weinberger •DRE #01349349 • Keller Williams Studio City

•818-970-0915 (agent)

•david@swgrp.com (agent)

Listed by Megan Husri •DRE #02089901 • Keller Williams Studio City

•310-775-7529 (agent)

•Megan@swgrp.com (agent)

Bought with Matthew R. Kanner •DRE #01349203 • Keller Williams Realty Los Feliz

Redfin checked: a minute ago

•Source:TheMLS #22-197981

Redfin Estimate

$1,061,934

$192K since sold in January 2023$1,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 6.8% higher than the average sale price ($994K) of 6 comparable homes.

SOLD APR 29, 2026
$1,267,000
A
6 beds3 baths2,650 sq ft
661 W Riggin St, Monterey Park, CA 91754
SOLD SEP 28, 2026
$867,500
B
4 beds2 baths1,768 sq ft
1224 Avenida Cesar Chavez, Monterey Park, CA 91754
SOLD JUL 10, 2026
$1,080,000
C
4 beds3 baths1,900 sq ft
211 W Markland Dr, Monterey Park, CA 91754
Universal Elite Inc.
SOLD SEP 18, 2026
$1,179,000
D
5 beds3 baths2,700 sq ft
400 Hay St, Montebello, CA 90640
SOLD JUN 4, 2026
$760,000
E
4 beds4 baths2,174 sq ft
264 Margaret, Los Angeles, CA 90022
SOLD AUG 7, 2026
$810,000
F
4 beds2 baths1,304 sq ft
2147 DIVINE, Monterey Park, CA 91754

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Earn from this home

Sell

$357,319

Est. take-home

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Refinance

Est. cash available

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Market trends in 91754, CA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.9%

0.2% MoM

Median sale price

$950K

$91K MoM

Avg. days on market

38d

3 days MoM

Recently sold homes

7 MoM

New listings for sale

NEW 25 HRS AGO
$1,275,000
8 beds4 baths2,654 sq ft
529 S Garfield Ave, Monterey Park, CA 91754
OPEN SAT, 2PM TO 4PM
$860,000
3 beds2 baths1,428 sq ft
2132 Hendricks Ave, Monterey Park, CA 91754
OPEN SAT, 1PM TO 3PM
$875,000
3 beds2 baths1,580 sq ft
2388 Westcott Ave, Monterey Park, CA 91754
OPEN SAT, 12PM TO 3PM
$949,888
3 beds2 baths1,478 sq ft
108 Coral Vw, Monterey Park, CA 91755
eXp Realty of Southern California Inc
$729,000
3 beds3 baths1,502 sq ft
108 N Moore Ave Unit B, Monterey Park, CA 91754
$498,000
2 beds2 baths949 sq ft
121 N Mcpherrin Ave #105, Monterey Park, CA 91754
VIDEO TOUR
$1,150,000
4 beds2 baths1,966 sq ft
512 Ladera, Monterey Park, CA 91754
$1,050,000
3 beds2 baths1,215 sq ft
416 W Andrix St, Monterey Park, CA 91754
Keller Williams Premier Properties
$3,195,000
18 beds10 baths10,622 sq ft
218 W Hellman, Monterey Park, CA 91754
OPEN SAT, 1PM TO 5PM
$2,150,000
3 beds3 baths2,264 sq ft
398 Montechico, Monterey Park, CA 91754
See all

Provided by Redfin

Sale history for 498 W Riggin St

Date

Event

Price

CRMLS #CV25169203

Jan 6, 2026

Listing Removed

—

Oct 28, 2025

Price Changed

$1,175,000

$481/sq ft

Jul 28, 2025

Listed

$1,200,000

$491/sq ft

TheMLS #22-197981

Jan 2, 2023

Sold

$870,000

$356/sq ft

Nov 17, 2022

Contingent

—

Nov 8, 2022

Relisted

—

Oct 26, 2022

Contingent

—

Oct 3, 2022

Price Changed

$895,000

$367/sq ft

Sep 8, 2022

Listed

$895,000

$367/sq ft

Sep 8, 2022

Listed

$1,025,000

$420/sq ft

CRMLS #H220336

Sep 25, 2001

Listing Removed

—

Aug 20, 2001

Listed

$305,000

$125/sq ft

CRMLS #H213332

Sep 25, 2001

Listing Removed

—

Feb 26, 2001

Listed

$305,000

$125/sq ft

Public Records

Sep 20, 1989

Sold

$330,000

$135/sq ft

Public Records

Jun 20, 1986

Sold

$180,500

$74/sq ft

Join or sign in to view all info

Year

Property tax

Land + Additions

Assessment*

2025

$12,127 (+0.8%)

$498,767 + $424,483

$923,250

2024

$12,025 (−0.3%)

$488,988 + $416,160

$905,148

2023

$12,056 (+43.7%)

$479,400 + $408,000

$887,400

2022

$8,387 (+3.5%)

$470,000 + $400,000

$870,000

2021

$8,103 (+0.7%)

$177,691 + $419,164

$596,855

2020

$8,043 (+3.2%)

$174,207 + $410,946

$585,153

2019

$7,797 (−1.4%)

$172,421 + $406,733

$579,154

2018

$7,904 (+1.3%)

$169,041 + $398,758

$567,799

2017

$7,806 (+2.8%)

$162,478 + $383,275

$545,753

2016

$7,595 (+6.4%)

$162,478 + $383,275

$545,753

2015

$7,139 (+1.2%)

$159,293 + $375,760

$535,053

2014

$7,051 (+1.1%)

$153,828 + $362,866

$516,694

2012

$6,974 (+2.7%)

$153,133 + $361,227

$514,360

2011

$6,792 (+0.5%)

$150,131 + $354,145

$504,276

2010

$6,759 (+1.6%)

$147,188 + $347,201

$494,389

2009

$6,651 (+3.5%)

$146,088 + $344,607

$490,695

2008

$6,429

$146,436 + $345,426

$491,862

Tax history for 498 W Riggin St

Year

Property tax

Land + Additions

Assessment*

2025

$12,127 (+0.8%)

$498,767 + $424,483

$923,250

2024

$12,025 (−0.3%)

$488,988 + $416,160

$905,148

2023

$12,056 (+43.7%)

$479,400 + $408,000

$887,400

2022

$8,387 (+3.5%)

$470,000 + $400,000

$870,000

2021

$8,103 (+0.7%)

$177,691 + $419,164

$596,855

2020

$8,043 (+3.2%)

$174,207 + $410,946

$585,153

2019

$7,797 (−1.4%)

$172,421 + $406,733

$579,154

2018

$7,904 (+1.3%)

$169,041 + $398,758

$567,799

2017

$7,806 (+2.8%)

$162,478 + $383,275

$545,753

2016

$7,595 (+6.4%)

$162,478 + $383,275

$545,753

2015

$7,139 (+1.2%)

$159,293 + $375,760

$535,053

2014

$7,051 (+1.1%)

$153,828 + $362,866

$516,694

2012

$6,974 (+2.7%)

$153,133 + $361,227

$514,360

2011

$6,792 (+0.5%)

$150,131 + $354,145

$504,276

2010

$6,759 (+1.6%)

$147,188 + $347,201

$494,389

2009

$6,651 (+3.5%)

$146,088 + $344,607

$490,695

2008

$6,429

$146,436 + $345,426

$491,862

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

6,825 Sq. Ft.

Year renovated

1948

Sq. Ft.

2,442

Year built

1948

Style

Multi-Family (2-4 Unit)

County

Los Angeles County

APN

5266020020

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 7, 2026.

Property details

Parking

Garage
None

Parking
# of Parking Spaces (Total): 2

Interior

Equipment
Range/Oven

Heating & Cooling
Wall/Window Unit Cooling
Forced Air Heating

Multi-Unit Income
Gross Income: 44400
Gross Operating Income: $43,512
Net Operating Income: $27,809

Multi-Unit Expenses
Total Annual Expense: $15,703

Multi-Unit Other Financial Information
Cap Rate: 3.1
Gross Rent Multiplier: 20.2
Vacancy Allow %: 2
Scheduled Actual: Actual

Multi-Unit Information
Unit Type Type: 1, 2, 3
Type Of Units: 2
# of Buildings: 1

Unit 1 Information
# of Beds: 2
# of Baths: 1.00
Rent: $1,417
Projected Rent: $2,124
Actual Rent: $1,417
# of Units: 1

Unit 2 Information
# of Beds: 2
# of Baths: 1.00
Rent: $1,459
Projected Rent: $2,124
Actual Rent: $1,459
# of Units: 1

Unit 3 Information
# of Beds: 1
# of Baths: 1.00
Rent: $824
Projected Rent: $1,630
Actual Rent: $824
# of Units: 1

Exterior

Property Information
Property Type: Residential Income

Land Information
Other Structures: None

Lot Information
Lot Size (Sq. Ft.): 6,823
Lot Size (Acres): 0.1566
Zoning: MPR2*

Financial

Assessment Information
Assessed Total Value: $585,153
Assessed Land Value: $174,207
Assessed Land %: 29.77
Assessed Improvement Value: $410,946
Assessed Improvement %: 70.23
Assessor Parcel Number: 5266-020-020

Location

Community Information
# of Units in Complex (Total): 3

Location Information
Directions: on the corner of W Riggin St & Hendricks Ave

Public facts

Beds: 5
Baths: 3.0
Sq. Ft.: 2,442
Stories: —
Lot Size: 6,825 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1948
Year Renovated: 1948
County: Los Angeles County
APN: 5266020020

Home facts updated by county records on Oct 7, 2026

Other

Documents & Disclosures
Disclosures: Court Approval Required, As Is

Around this home

Schools

Bella Vista Elementary School

Public K-5 • Assigned • 0.2mi

5/10

Macy Intermediate School

Public 6-8 • Assigned • 0.8mi

7/10

Schurr High School

Public 9-12 • Assigned • 1.2mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 98° expected this year, 21 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

6/10 Air Factor

9 unhealthy days expected this year, 10 days in 30 years

Provided by First Street

Historical weather

Monterey Park, CA • 91754

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.7 hours in June and 6.8 hours in December, placing it above the U.S. average for solar exposure.

9.7 hrs

6.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.01M – $1.22M

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Home values near 498 W Riggin St

Data from public records.

Address	Redfin Estimate
509 W Riggin Street, Monterey Park, CA 5 Beds \| 3 Baths \| 2566 Sq. Ft.	$995,428
502 W Riggin Street, Monterey Park, CA 5 Beds \| 3 Baths \| - Sq. Ft.	$1,121,254

Address	Redfin Estimate
505 W Riggin Street, Monterey Park, CA 5 Beds \| 3 Baths \| 2620 Sq. Ft.	$1,058,191
506 W Riggin Street, Monterey Park, CA 5 Beds \| 3 Baths \| 2442 Sq. Ft.	$1,055,928

Address	Redfin Estimate
500 W Riggin Street, Monterey Park, CA 5 Beds \| 3 Baths \| 2548 Sq. Ft.	$1,161,929
514 W Riggin Street, Monterey Park, CA 8 Beds \| 5 Baths \| 3902 Sq. Ft.	—

Property information provided by TheMLS when last listed in 2022. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 91754, CA

Sale history for 498 W Riggin St

Tax history for 498 W Riggin St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 91754

Home values near 498 W Riggin St

More real estate resources