521 W Riggin St, Monterey Park, CA 91754

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Off market apr 2019 for $1.4M

—

Est. refi paymentEst. refi $9,068/mo

•

5 ba

•

3,681

sq ft

521 W Riggin St, Monterey Park, CA 91754

About this home

Rare opportunity to acquire a cash flow residential income property in highly sought after Monterey Park. Two (2) buildings, a front triplex (2+1, 2+1, 1+1) with on site parking and a rear house (3+2) with a private entrance, sweeping mountain views, and two car garage. Well located asset: only a few blocks to Ralphs Supermarket, Starbucks, and Atlantic Square, a 208,000 square foot community shopping center. Excellent investment metrics: $99,000 Gross Scheduled Income, 4.92% Cap Rate, 14.22 Gross Rent Multiplier. Exterior renovations include: new roofs, new sub-roofing, new fascia board, new windows throughout, new exterior paint, new landscaping, and more. Interior renovations include: new flooring, new cabinets, new counter tops, remodeled bathrooms, remodeled master, remodeled kitchens, and more. Tenants enjoy spacious living, washer/dryer hook ups in each unit, on site parking, and good access to nearby freeways: 60 freeway, the 710 freeway, and the 5 freeway. Monterey Park was named the third best American City to live in by Money Magazine in 2017, and has been thriving ever since. The multifamily rental market continues to demonstrate strength and growth due to the area's prime location near major freeways , rail transportation, retail and shopping centers, schools and colleges, as well as many parks, cultural venues/events, and numerous restaurants with renowned domestic and international cuisine.

Multi-familyProperty Type

1948Year Built

7,531 sq ftLot Size

$380Price/Sq.Ft.

2 garage spacesParking

Listed by John Mociak •DRE #01708711 • Keller Williams Beach Cities

Bought with HAGOP YAPOUJIAN •DRE #01005112 • HYNET REALTY

Redfin checked: a minute ago

•Source:CRMLS #SB19064123

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 91754, CA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.4%

0.5% MoM

Median sale price

$884K

$66K MoM

Avg. days on market

49d

11 days MoM

Recently sold homes

6 MoM

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Keller Williams Premier Properties
See all

Provided by Redfin

Sale history for 521 W Riggin St

Date

Event

Price

SDMLS #301758200

Apr 30, 2019

Sold

$1,400,000

$380/sq ft

Mar 22, 2019

Listed

$1,408,000

$383/sq ft

CRMLS #SB19064123

Apr 30, 2019

Sold

$1,400,000

$380/sq ft

Apr 1, 2019

Pending

—

Mar 22, 2019

Listed

$1,408,000

$383/sq ft

Public Records

Oct 23, 2018

Sold

$1,150,100

$312/sq ft

SDMLS #301745786

Oct 23, 2018

Sold

$1,150,000

$312/sq ft

Sep 21, 2018

Listed

$1,200,000

$326/sq ft

CRMLS #AR18212987

Oct 23, 2018

Sold

$1,150,000

$312/sq ft

Oct 12, 2018

Pending

—

Sep 28, 2018

Contingent

—

Sep 21, 2018

Listed

$1,200,000

$326/sq ft

Public Records

May 9, 1984

Sold

$260,000

$71/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$20,659 (+1.2%)

$807,856 + $785,100

$1,592,956

2024

$20,419 (−0.3%)

$792,016 + $769,706

$1,561,722

2023

$20,478 (+3.5%)

$776,487 + $754,614

$1,531,101

2022

$19,781 (+3.5%)

$761,262 + $739,818

$1,501,080

2021

$19,108 (+0.8%)

$746,336 + $725,312

$1,471,648

2020

$18,963 (+480.5%)

$731,702 + $711,091

$1,442,793

2019

$3,266 (−53.6%)

$724,200 + $703,800

$1,428,000

2018

$7,046 (+1.1%)

$460,000 + $690,000

$1,150,000

2017

$6,970 (+3.1%)

$196,357 + $267,772

$464,129

2016

$6,763 (+6.2%)

$196,357 + $267,772

$464,129

2015

$6,371 (+1.1%)

$192,507 + $262,522

$455,029

2014

$6,303 (+1.1%)

$185,902 + $253,514

$439,416

2012

$6,232 (+2.6%)

$185,062 + $252,369

$437,431

2011

$6,073 (+0.5%)

$181,434 + $247,421

$428,855

2010

$6,043 (+1.8%)

$177,877 + $242,570

$420,447

2009

$5,934 (+3.5%)

$176,548 + $240,758

$417,306

2008

$5,735

$176,968 + $241,330

$418,298

Tax history for 521 W Riggin St

Year

Property tax

Land + Additions

Assessment*

2025

$20,659 (+1.2%)

$807,856 + $785,100

$1,592,956

2024

$20,419 (−0.3%)

$792,016 + $769,706

$1,561,722

2023

$20,478 (+3.5%)

$776,487 + $754,614

$1,531,101

2022

$19,781 (+3.5%)

$761,262 + $739,818

$1,501,080

2021

$19,108 (+0.8%)

$746,336 + $725,312

$1,471,648

2020

$18,963 (+480.5%)

$731,702 + $711,091

$1,442,793

2019

$3,266 (−53.6%)

$724,200 + $703,800

$1,428,000

2018

$7,046 (+1.1%)

$460,000 + $690,000

$1,150,000

2017

$6,970 (+3.1%)

$196,357 + $267,772

$464,129

2016

$6,763 (+6.2%)

$196,357 + $267,772

$464,129

2015

$6,371 (+1.1%)

$192,507 + $262,522

$455,029

2014

$6,303 (+1.1%)

$185,902 + $253,514

$439,416

2012

$6,232 (+2.6%)

$185,062 + $252,369

$437,431

2011

$6,073 (+0.5%)

$181,434 + $247,421

$428,855

2010

$6,043 (+1.8%)

$177,877 + $242,570

$420,447

2009

$5,934 (+3.5%)

$176,548 + $240,758

$417,306

2008

$5,735

$176,968 + $241,330

$418,298

*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

7,533 Sq. Ft.

Year renovated

—

Sq. Ft.

2,468

Year built

1948

Style

Multi-Family (2-4 Unit)

County

Los Angeles County

APN

5266011014

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 7, 2026.

Mar 28, 2019 • Final

Residential building alteration-repair

Tear off and replace the existing roof with multi-layer Class A shingles. Replace roof sheathing and install required smoke and carbon monoxide alarms.

Roofing

May 23, 2014 • Final

Residential building alteration-repair

Roofing

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking / Garage Information
Uncovered Spaces: 4
# of Garage Spaces: 2
# of Parking Spaces: 6

Interior

Laundry Information
Has Laundry
Gas Dryer Hookup, Washer Hookup

Cooling Information
Central, Electric, Gas, See Remarks
Has Cooling

Heating Information
Wall Heater, Forced Air, Electric, Combination, See Remarks
Has Heating

Interior Features
Levels: One, Two

Unit Type 1 Information
Unit Key Numeric: 10515363
Listing Key Numeric: 362320330
Actual Rent: $1,600
Total # of Baths: 1
Total # of Beds: 1
Furnished: Unfurnished
Total Rent: $1,600
Total # of Units: 1

Unit Type 2 Information
Unit Key Numeric: 10515364
Listing Key Numeric: 362320330
Actual Rent: $1,950
Total # of Baths: 1
Furnished: Unfurnished
Total # of Beds: 2
Total Rent: $1,950
Total # of Units: 1

Unit Type 3 Information
Listing Key Numeric: 362320330
Unit Key Numeric: 10515365
Actual Rent: $1,950
Total # of Baths: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $1,950
Total # of Units: 1

Unit Type 4 Information
Listing Key Numeric: 362320330
Unit Key Numeric: 10515366
Actual Rent: $2,750
Total # of Baths: 2
Attached Garage: Yes
Total # of Beds: 3
# of Garage Spaces: 2
Furnished: Unfurnished
Total Rent: $2,750
Total # of Units: 1

Expenses
Trash: $1,000
Total: $26,704
Maintenance: $2,000
Licenses: $475
Insurance: $1,440
Water Sewer: $2,405
New Taxes: $18,304
Gardener: $1,080

Multi-Unit Information
Net Operating Income: $69,326
Average 3 Bed Area Units: Sq. Ft.
Average 3 Bed Area: 1,300
Average 2 Bed Area Units: Sq. Ft.
Average 2 Bed Area: 850
Average 1 Bed Area Units: Sq. Ft.
Average 1 Bed Area: 700
Sq. Ft.
Total Building Area: 3,681
Gross Scheduled Income: $99,000
Gross Operating Income: $96,030
Gross Multiplier: 14.22
Gross Income: $98,940
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 4
# Of Separate Electric Meters: 4
# Of Buildings: 2
Vacancy Allowance Rate: 3
Vacancy Allowance: 2970

Exterior

Exterior Features
Pool Features: None

Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 0-1 Unit/Acre

Property Information
Total # of Units: 4
Common Walls: No Common Walls
Parcel Number: 5266011014
Year Built Source: Assessor

Financial

Lease / Rental Details
Operating Expense: $26,704

Utilities

Utilities Information
Sewer: Public Sewer
See Remarks
Water Source: District/Public

Location

Neighborhood Information
Community Features: Curbs, Sidewalks, Street Lighting, Suburban

Location Information
Latitude: 34.03688500
Longitude: -118.14008800
Directions: Just North of the 60 FW, East of Atlantic Blvd, West of Garfield, between Bradshawe and Hendricks Avenue.
Zoning: MPR2*

Public facts

Beds: 5
Baths: 3.0
Sq. Ft.: 2,468
Stories: —
Lot Size: 7,533 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1948
Year Renovated: —
County: Los Angeles County
APN: 5266011014

Home facts updated by county records on Oct 7, 2026

Other

Listing Information
Days Active in MLS: 8
Continuous Days Active in MLS: 8

Listing Agent Information
List Agent First Name: John
List Agent Last Name: Mociak

Listing Office Information
List Office Name: Keller Williams Beach Cities

Selling Agent Information
Buyer Agent First Name: HAGOP
Buyer Agent Last Name: YAPOUJIAN

Selling Office Information
Buyer Office Name: HYNET REALTY

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

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Home values near 521 W Riggin St

Data from public records.

Address	Redfin Estimate
601 West Riggin St, Monterey Park, CA 5 Beds \| 3 Baths \| 2620 Sq. Ft.	$1,227,254
529 West Riggin St, Monterey Park, CA 5 Beds \| 4 Baths \| 3108 Sq. Ft.	$1,052,240

Address	Redfin Estimate
537 West Riggin St, Monterey Park, CA - Beds \| - Baths \| 2816 Sq. Ft.	$1,262,618
517 West Riggin St, Monterey Park, CA 5 Beds \| 3 Baths \| 2468 Sq. Ft.	$958,395

Address	Redfin Estimate
533 West Riggin St, Monterey Park, CA 5 Beds \| 3 Baths \| 2428 Sq. Ft.	$1,055,993
509 West Riggin St, Monterey Park, CA 5 Beds \| 3 Baths \| 2566 Sq. Ft.	$922,485

Property information provided by CRMLS when last listed in 2019. 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

Market trends in 91754, CA

Sale history for 521 W Riggin St

Tax history for 521 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 521 W Riggin St

More real estate resources