OFF MARKET

Off market dec 2018 for $850K

$1,161,929

Est. refi paymentEst. refi $5,810/mo

•

3 ba

•

2,548

sq ft

500 W Riggin St, Monterey Park, CA 91754

About this home

We are pleased to present for sale this excellent investment opportunity in the heart of Monterey Park. The opportunity boasts an excellent unit mix of (2) 2+1 units and (1) 1+1 unit. One of the 2 bedroom units will be delivered vacant a year after the close of escrow, while the 1 bedroom unitwill be delivered vacant 3 months after the close of escrow. The property appeals to an investor looking to expand their portfolio in Monterey Park or owner-user looking to occupy one unit and obtain significant rental income in the remaining two units. The property is centrally located in the highly desirable area of Monterey Park. Monterey Park is part of a cluster of cities (Alhambra, Arcadia, Temple City, Rosemead, San Marino, and San Gabriel Valley). Monterey Park has consistently ranked as one of the country's best places to live, due to its good schools, growing economy, and central location. Monterey Park is home to the Garvey Ranch Observatory, located in Garvey Ranch Park.

Multi-familyProperty Type

1948Year Built

7,904 sq ftLot Size

$456Est. Price/Sq.Ft.

3 car garageParking

Listed by Eric Dilanian •DRE #01951699 • Remax Commercial and Investment Realty

•213-233-4379 (agent)

•ericdilanian@remaxcir.com (agent)

Bought with Eric Dilanian •DRE #01951699 • Remax Commercial and Investment Realty

Redfin checked: 3 minutes ago

•Source:TheMLS #18-407812

Redfin Estimate

$1,161,929

$312K since sold in December 2018$1,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 10.1% higher than the average sale price ($1.06M) 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 JUN 12, 2026
$1,180,000
B
4 beds3 baths1,936 sq ft
2024 S Grandridge Ave, Monterey Park, CA 91754
Latitude 33 Real Estate
SOLD SEP 28, 2026
$867,500
C
4 beds2 baths1,768 sq ft
1224 Avenida Cesar Chavez, Monterey Park, CA 91754
SOLD JUL 10, 2026
$1,080,000
D
4 beds3 baths1,900 sq ft
211 W Markland Dr, Monterey Park, CA 91754
Universal Elite Inc.
SOLD SEP 18, 2026
$1,179,000
E
5 beds3 baths2,700 sq ft
400 Hay St, Montebello, CA 90640
SOLD JUN 4, 2026
$760,000
F
4 beds4 baths2,174 sq ft
264 Margaret, Los Angeles, CA 90022

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Earn from this home

Sell

$525,899

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 24 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 500 W Riggin St

Date

Event

Price

Greater Lansing AoR #18407812

Dec 18, 2018

Sold

$850,000

$334/sq ft

Nov 14, 2018

Listed

$895,000

$351/sq ft

We are pleased to present for sale this excellent investment opportunity in the heart of Monterey Park. The opportunity boasts an excellent unit mix of (2) 2+1 units and (1) 1+1 unit. One of the 2 bedroom units will be delivered vacant a year after the close of escrow, while the 1 bedroom unitwill be delivered vacant 3 months after the close of escrow. The property appeals to an investor looking to expand their portfolio in Monterey Park or owner-user looking to occupy one unit and obtain significant rental income in the remaining two units. The property is centrally located in the highly desirable area of Monterey Park. Monterey Park is part of a cluster of cities (Alhambra, Arcadia, Temple City, Rosemead, San Marino, and San Gabriel Valley). Monterey Park has consistently ranked as one of the country's best places to live, due to its good schools, growing economy,and central location. Monterey Park is home to the Garvey Ranch Observatory, located in Garvey Ranch Park.

SDMLS #301749140

Dec 18, 2018

Sold

$850,000

$334/sq ft

Nov 14, 2018

Listed

$895,000

$351/sq ft

We are pleased to present for sale this excellent investment opportunity in the heart of Monterey Park. The opportunity boasts an excellent unit mix of (2) 2+1 units and (1) 1+1 unit. One of the 2 bedroom units will be delivered vacant a year after the close of escrow, while the 1 bedroom unitwill be delivered vacant 3 months after the close of escrow. The property appeals to an investor looking to expand their portfolio in Monterey Park or owner-user looking to occupy one unit and obtain significant rental income in the remaining two units. The property is centrally located in the highly desirable area of Monterey Park. Monterey Park is part of a cluster of cities (Alhambra, Arcadia, Temple City, Rosemead, San Marino, and San Gabriel Valley). Monterey Park has consistently ranked as one of the country's best places to live, due to its good schools, growing economy,and central location. Monterey Park is home to the Garvey Ranch Observatory, located in Garvey Ranch Park.

TheMLS #18-407812

Dec 18, 2018

Sold

$850,000

$334/sq ft

Nov 26, 2018

Pending

—

Nov 14, 2018

Listed

$895,000

$351/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$12,719 (+1.2%)

$739,586 + $227,563

$967,149

2024

$12,565 (−0.3%)

$725,085 + $223,101

$948,186

2023

$12,598 (+3.5%)

$710,868 + $218,727

$929,595

2022

$12,172 (+3.5%)

$696,930 + $214,439

$911,369

2021

$11,760 (+0.8%)

$683,265 + $210,235

$893,500

2020

$11,672 (+3.2%)

$669,868 + $206,113

$875,981

2019

$11,306 (+591.1%)

$663,000 + $204,000

$867,000

2018

$1,636 (−2.4%)

$650,000 + $200,000

$850,000

2017

$1,676 (+4.6%)

$46,658 + $48,350

$95,008

2016

$1,602 (+4.8%)

$46,658 + $48,350

$95,008

2015

$1,529 (+0.3%)

$45,744 + $47,402

$93,146

2014

$1,525 (+1.7%)

$44,175 + $45,776

$89,951

2012

$1,499 (+2.6%)

$43,976 + $45,570

$89,546

2011

$1,461 (+0.5%)

$43,114 + $44,677

$87,791

2010

$1,454 (+3.0%)

$42,269 + $43,801

$86,070

2009

$1,411 (+3.8%)

$41,954 + $43,474

$85,428

2008

$1,359

$42,054 + $43,578

$85,632

Tax history for 500 W Riggin St

Year

Property tax

Land + Additions

Assessment*

2025

$12,719 (+1.2%)

$739,586 + $227,563

$967,149

2024

$12,565 (−0.3%)

$725,085 + $223,101

$948,186

2023

$12,598 (+3.5%)

$710,868 + $218,727

$929,595

2022

$12,172 (+3.5%)

$696,930 + $214,439

$911,369

2021

$11,760 (+0.8%)

$683,265 + $210,235

$893,500

2020

$11,672 (+3.2%)

$669,868 + $206,113

$875,981

2019

$11,306 (+591.1%)

$663,000 + $204,000

$867,000

2018

$1,636 (−2.4%)

$650,000 + $200,000

$850,000

2017

$1,676 (+4.6%)

$46,658 + $48,350

$95,008

2016

$1,602 (+4.8%)

$46,658 + $48,350

$95,008

2015

$1,529 (+0.3%)

$45,744 + $47,402

$93,146

2014

$1,525 (+1.7%)

$44,175 + $45,776

$89,951

2012

$1,499 (+2.6%)

$43,976 + $45,570

$89,546

2011

$1,461 (+0.5%)

$43,114 + $44,677

$87,791

2010

$1,454 (+3.0%)

$42,269 + $43,801

$86,070

2009

$1,411 (+3.8%)

$41,954 + $43,474

$85,428

2008

$1,359

$42,054 + $43,578

$85,632

*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

7,906 Sq. Ft.

Year renovated

1948

Sq. Ft.

2,548

Year built

1948

Style

Multi-Family (2-4 Unit)

County

Los Angeles County

APN

5266011019

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 7, 2026.

Property details

Parking

Garage
Carport Attached, 3 Car Garage

Parking
# of Parking Spaces (Total): 3

Interior

Equipment
Other

Heating & Cooling
Other Cooling
Other Heat

Multi-Unit Income
Gross Income: 57600
Gross Operating Income: $55,872
Net Operating Income: $37,128

Multi-Unit Expenses
Total Annual Expense: $18,744

Multi-Unit Other Financial Information
Cap Rate: 4.15
Gross Rent Multiplier: 15.54
Vacancy Rate: 3
Scheduled Actual: Scheduled

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

Unit 1 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,400
Projected Rent: $1,400
Actual Rent: $1,400
# of Units: 1

Unit 2 Information
# of Beds: 2
# of Baths: 1.00
Rent: $1,700
Projected Rent: $1,850
Actual Rent: $1,700
# of Units: 1

Unit 3 Information
# of Beds: 2
# of Baths: 1.00
Rent: $1,700
Projected Rent: $1,850
Actual Rent: $1,700
# of Units: 1

Exterior

Building Information
Total Floors: 2

Property Information
Property Type: Residential Income

Lot Information
Lot Size (Sq. Ft.): 7,904
Zoning: MPR2*

Financial

Assessment Information
Assessed Land Value: $46,658
Assessed Improvement Value: $48,350
Assessor Parcel Number: 5266-011-019

Location

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

Location Information
Directions: East of S Atlantic Blvd.

Public facts

Beds: 5
Baths: 3.0
Sq. Ft.: 2,548
Stories: —
Lot Size: 7,906 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1948
Year Renovated: 1948
County: Los Angeles County
APN: 5266011019

Home facts updated by county records on Oct 7, 2026

Other

Documents & Disclosures
Disclosures: 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

$1.10M – $1.34M

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Home values near 500 W Riggin St

Data from public records.

Address	Redfin Estimate
517 W Riggin Street, Monterey Park, CA 5 Beds \| 3 Baths \| 2468 Sq. Ft.	$1,035,859
502 W Riggin Street, Monterey Park, CA 5 Beds \| 3 Baths \| - Sq. Ft.	$1,121,254

Address	Redfin Estimate
509 W Riggin Street, Monterey Park, CA 5 Beds \| 3 Baths \| 2566 Sq. Ft.	$995,428
506 W Riggin Street, Monterey Park, CA 5 Beds \| 3 Baths \| 2442 Sq. Ft.	$1,055,928

Address	Redfin Estimate
505 W Riggin Street, Monterey Park, CA 5 Beds \| 3 Baths \| 2620 Sq. Ft.	$1,058,191
514 W Riggin Street, Monterey Park, CA 8 Beds \| 5 Baths \| 3902 Sq. Ft.	—

Property information provided by TheMLS when last listed in 2018. 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 500 W Riggin St

Tax history for 500 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 500 W Riggin St

More real estate resources