OFF MARKET

Off market mar 2017 for $1.3M

—

Est. refi paymentEst. refi $5,983/mo

•

5 ba

•

3,902

sq ft

514 W Riggin St, Monterey Park, CA 91754

About this home

Multi-familyProperty Type

1964Year Built

7,243 sq ftLot Size

$346Price/Sq.Ft.

1 garage spacesParking

Listed by Benjamin J. Hsiang •DRE #01438644 • Remax Commercial and Investment Realty

•818-517-0845 (agent)

•bhsiang@riacre.com (agent)

Bought with Benjamin J. Hsiang •DRE #01438644 • Remax Commercial and Investment Realty

Redfin checked: 3 minutes ago

•Source:TheMLS #16-179106

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

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

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See all

Provided by Redfin

Sale history for 514 W Riggin St

Date

Event

Price

TheMLS #16-179106

Mar 16, 2017

Sold

$1,350,000

$346/sq ft

Nov 14, 2016

Pending

—

Nov 10, 2016

Listed

$1,365,000

$350/sq ft

SDMLS #301767981

Mar 16, 2017

Sold

$1,350,000

$346/sq ft

Nov 10, 2016

Listed

$1,365,000

$350/sq ft

We are proud to present an opportunity to acquire a five (5) unit apartment complex in the city of Monterey Park. The property consists of two (2) 1+1 units and three (3) 2+1 units. Situated on a 7,243 square foot lot, there are 5 single car garages with automatic openers and on-site laundry facilities.

TheMLS #14-738701

Apr 2, 2014

Sold

$985,000

$252/sq ft

Feb 21, 2014

Pending

—

Feb 20, 2014

Listed

$1,000,000

$256/sq ft

We are proud to present an excellent opportunity to acquire a five (5) unit income property in the city of Monterey Park. The property consists of three (3) two bedroom one bath unit, and two (2) one bedroom one bath units. This easy to manage two-story building sits on a spacious lot of 7,606 square feet. The property has great curb appeal, new windows in 3 out of the units, private garages with new doors and individual water heaters for each unit. Please call for more details.

Year

Property tax

Land + Additions

Assessment*

2025

$21,241 (+1.2%)

$1,006,223 + $591,897

$1,598,120

2024

$20,998 (−0.3%)

$986,494 + $580,292

$1,566,786

2023

$21,066 (+3.4%)

$967,151 + $568,914

$1,536,065

2022

$20,364 (+3.4%)

$948,188 + $557,759

$1,505,947

2021

$19,685 (+0.7%)

$929,597 + $546,823

$1,476,420

2020

$19,540 (+3.2%)

$911,370 + $536,101

$1,447,471

2019

$18,935 (−2.2%)

$902,026 + $530,604

$1,432,630

2018

$19,368 (+29.6%)

$884,340 + $520,200

$1,404,540

2017

$14,943 (+2.7%)

$633,746 + $406,653

$1,040,399

2016

$14,554 (+6.3%)

$633,746 + $406,653

$1,040,399

2015

$13,686 (+406.3%)

$621,320 + $398,680

$1,020,000

2014

$2,703 (+1.6%)

$36,379 + $74,579

$110,958

2012

$2,660 (+2.0%)

$36,215 + $74,242

$110,457

2011

$2,609 (+4.2%)

$35,505 + $72,787

$108,292

2010

$2,504 (+2.9%)

$34,809 + $71,360

$106,169

2009

$2,434 (+3.3%)

$34,549 + $70,827

$105,376

2008

$2,355

$34,632 + $70,996

$105,628

Tax history for 514 W Riggin St

Year

Property tax

Land + Additions

Assessment*

2025

$21,241 (+1.2%)

$1,006,223 + $591,897

$1,598,120

2024

$20,998 (−0.3%)

$986,494 + $580,292

$1,566,786

2023

$21,066 (+3.4%)

$967,151 + $568,914

$1,536,065

2022

$20,364 (+3.4%)

$948,188 + $557,759

$1,505,947

2021

$19,685 (+0.7%)

$929,597 + $546,823

$1,476,420

2020

$19,540 (+3.2%)

$911,370 + $536,101

$1,447,471

2019

$18,935 (−2.2%)

$902,026 + $530,604

$1,432,630

2018

$19,368 (+29.6%)

$884,340 + $520,200

$1,404,540

2017

$14,943 (+2.7%)

$633,746 + $406,653

$1,040,399

2016

$14,554 (+6.3%)

$633,746 + $406,653

$1,040,399

2015

$13,686 (+406.3%)

$621,320 + $398,680

$1,020,000

2014

$2,703 (+1.6%)

$36,379 + $74,579

$110,958

2012

$2,660 (+2.0%)

$36,215 + $74,242

$110,457

2011

$2,609 (+4.2%)

$35,505 + $72,787

$108,292

2010

$2,504 (+2.9%)

$34,809 + $71,360

$106,169

2009

$2,434 (+3.3%)

$34,549 + $70,827

$105,376

2008

$2,355

$34,632 + $70,996

$105,628

*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

7,245 Sq. Ft.

Year renovated

—

Sq. Ft.

1,354

Year built

1964

Style

Multi-Family (5+ Unit)

County

Los Angeles County

APN

5266011022

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 7, 2026.

Property details

Parking

Garage
Garage

Parking
# of Parking Spaces (Total): 5
# of Covered Parking Spaces: 5

Interior

Equipment
Other

Heating & Cooling
Other Cooling
Other Heat

Multi-Unit Income
Gross Income: 84300
Gross Operating Income: $81,771
Net Operating Income: $55,455

Multi-Unit Expenses
Total Annual Expense: $26,316

Multi-Unit Other Financial Information
Cap Rate: 4.06
Gross Rent Multiplier: 16.19
Scheduled Actual: Scheduled

Multi-Unit Information
Unit Type Type: 1, 2
Type Of Units: 5
# of Buildings: 2

Unit 1 Information
# of Beds: 2
# of Baths: 1.00
Rent: $4,685
Projected Rent: $4,950
Actual Rent: $4,685
# of Units: 3

Unit 2 Information
# of Beds: 1
# of Baths: 1.00
Rent: $2,240
Projected Rent: $2,300
Actual Rent: $2,240
# of Units: 2

Exterior

Building Information
Total Floors: 2

Property Information
Property Type: Residential Income

Lot Information
Lot Size (Sq. Ft.): 7,243
Zoning: MPR2*

Financial

Assessment Information
Assessed Land Value: $621,320
Assessed Improvement Value: $398,680
Assessor Parcel Number: 5266-011-022

Location

Community Information
# of Units in Complex (Total): 5

Location Information
Directions: The subject property is within walking distance to public transportation, shopping centers, restaurants, schools, including East Los Angeles Community College and is close to the 60 and 710 freeways.

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,354
Stories: —
Lot Size: 7,245 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1964
Year Renovated: —
County: Los Angeles County
APN: 5266011022

Home facts updated by county records on Oct 7, 2026

Other

Documents & Disclosures
Disclosures: Other

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

Is this your home?

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Home values near 514 W Riggin St

Data from public records.

Address	Redfin Estimate
533 West Riggin St, Monterey Park, CA 5 Beds \| 3 Baths \| 2428 Sq. Ft.	$1,114,300
517 West Riggin St, Monterey Park, CA 5 Beds \| 3 Baths \| 2468 Sq. Ft.	$1,035,859

Address	Redfin Estimate
529 West Riggin St, Monterey Park, CA 5 Beds \| 4 Baths \| 3108 Sq. Ft.	$1,129,403
509 West Riggin St, Monterey Park, CA 5 Beds \| 3 Baths \| 2566 Sq. Ft.	$995,428

Address	Redfin Estimate
521 West Riggin St, Monterey Park, CA 8 Beds \| 5 Baths \| 3681 Sq. Ft.	—
505 West Riggin St, Monterey Park, CA 5 Beds \| 3 Baths \| 2620 Sq. Ft.	$1,058,191

Property information provided by TheMLS when last listed in 2016. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 91754, CA

Sale history for 514 W Riggin St

Tax history for 514 W Riggin St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 91754

Home values near 514 W Riggin St

More real estate resources