640 W Riggin St, Monterey Park, CA 91754

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Off market sep 2024 for $1.1M

$1,274,957

Est. refi paymentEst. refi $7,749/mo

•

2,442

sq ft

640 W Riggin St, Monterey Park, CA 91754

About this home

We are pleased to exclusively offer for sale this 3 Unit multi-family property for sale in the prime rental location of Monterey Park. Strategically positioned within walking distance to Atlantic Square, residents enjoy easy access to a variety of restaurants and shopping outlets, along with proximity to the metro station, ensuring convenient transportation options. The subject property features a desirable unit mix of two 2-Bedroom/1-Bathroom units and one single-story 1-Bedroom/1-Bathroom unit. The property encompasses 2,442 rental square feet on a 6,941 square foot lot. Tenants are afforded an array of attractive amenities including garage parking, interior laundry hookups, and a shared picnic area, enhancing the quality of life and rental appeal. Each unit is responsible for their electricity and gas, optimizing cost efficiency for the owner. The property has been updated to copper plumbing as well. With a significant potential for a 20+% increase in rental income, this property stands out as an exceptional investment with promising upside in a dynamic rental market. Perfect for investors seeking a property in a high-demand area with strong growth potential and tenant amenities that drive competitive rental rates.

Multi-familyProperty Type

1948Year Built

6,941 sq ftLot Size

$522Est. Price/Sq.Ft.

3 car garageParking

Listed by Kristopher German •DRE #01800021 • RE/MAX 2000 REALTY

Contact: 909-645-0443

Bought with AMY LI •DRE #01901635 • CANDET PROPERTIES, INC.

Redfin checked: 2 minutes ago

•Source:CRMLS #CV24158193

Redfin Estimate

$1,274,957

$140K since sold in September 2024$4,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 28.3% 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 JUN 4, 2026
$760,000
C
4 beds4 baths2,174 sq ft
264 Margaret, Los Angeles, CA 90022
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 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

$329,807

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

$92K MoM

Avg. days on market

38d

3 days MoM

Recently sold homes

6 MoM

New listings for sale

NEW 35 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 640 W Riggin St

Year

Property tax

Land + Additions

Assessment*

2025

$15,006 (+139.3%)

$749,700 + $408,000

$1,157,700

2024

$6,271 (−0.2%)

$735,000 + $400,000

$1,135,000

2023

$6,281 (+3.4%)

$227,494 + $208,288

$435,782

2022

$6,075 (+3.5%)

$223,034 + $204,204

$427,238

2021

$5,868 (+0.7%)

$218,661 + $200,200

$418,861

2020

$5,825 (+3.1%)

$214,374 + $196,275

$410,649

2019

$5,650 (−1.5%)

$212,176 + $194,263

$406,439

2018

$5,736 (+0.9%)

$208,016 + $190,454

$398,470

2017

$5,687 (+2.9%)

$199,940 + $183,059

$382,999

2016

$5,526 (+6.2%)

$199,940 + $183,059

$382,999

2015

$5,203 (+1.1%)

$196,020 + $179,470

$375,490

2014

$5,146 (+1.1%)

$189,294 + $173,313

$362,607

2012

$5,089 (+2.6%)

$188,439 + $172,530

$360,969

2011

$4,959 (+0.5%)

$184,745 + $169,148

$353,893

2010

$4,935 (+1.8%)

$181,123 + $165,832

$346,955

2009

$4,849 (+3.5%)

$179,770 + $164,593

$344,363

2008

$4,687

$180,198 + $164,985

$345,183

Tax history for 640 W Riggin St

Year

Property tax

Land + Additions

Assessment*

2025

$15,006 (+139.3%)

$749,700 + $408,000

$1,157,700

2024

$6,271 (−0.2%)

$735,000 + $400,000

$1,135,000

2023

$6,281 (+3.4%)

$227,494 + $208,288

$435,782

2022

$6,075 (+3.5%)

$223,034 + $204,204

$427,238

2021

$5,868 (+0.7%)

$218,661 + $200,200

$418,861

2020

$5,825 (+3.1%)

$214,374 + $196,275

$410,649

2019

$5,650 (−1.5%)

$212,176 + $194,263

$406,439

2018

$5,736 (+0.9%)

$208,016 + $190,454

$398,470

2017

$5,687 (+2.9%)

$199,940 + $183,059

$382,999

2016

$5,526 (+6.2%)

$199,940 + $183,059

$382,999

2015

$5,203 (+1.1%)

$196,020 + $179,470

$375,490

2014

$5,146 (+1.1%)

$189,294 + $173,313

$362,607

2012

$5,089 (+2.6%)

$188,439 + $172,530

$360,969

2011

$4,959 (+0.5%)

$184,745 + $169,148

$353,893

2010

$4,935 (+1.8%)

$181,123 + $165,832

$346,955

2009

$4,849 (+3.5%)

$179,770 + $164,593

$344,363

2008

$4,687

$180,198 + $164,985

$345,183

*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

6,943 Sq. Ft.

Year renovated

1948

Sq. Ft.

2,442

Year built

1948

Style

Multi-Family (2-4 Unit)

County

Los Angeles County

APN

5266007009

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 7, 2026.

Property details

Parking

Parking / Garage Information
# of Garage Spaces: 3
# of Parking Spaces: 3

Interior

Laundry Information
Has Laundry
Gas & Electric Dryer Hookup, Inside, Washer Hookup

Interior Features
Entry Level: 1
Entry Location: 1
Levels: Two

Unit Type 1 Information
Unit Key Numeric: 11753250
Listing Key Numeric: 373139575
Actual Rent: $2,050
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 2
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $2,050
Total # of Units: 1

Unit Type 2 Information
Unit Key Numeric: 11753251
Listing Key Numeric: 373139575
Actual Rent: $1,625
Total # of Baths: 1
# of Baths Full: 1
Furnished: Unfurnished
Total # of Beds: 2
# of Garage Spaces: 1
Total Rent: $1,625
Total # of Units: 1

Unit Type 3 Information
Listing Key Numeric: 373139575
Unit Key Numeric: 11753252
Actual Rent: $1,480
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 1
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $1,480
Total # of Units: 1

Expenses
Trash: $780
Total: $22,185
Maintenance: $1,500
Insurance: $3,000
Water Sewer: $1,440
New Taxes: $15,465

Multi-Unit Information
Net Operating Income: $37,819
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 2,442
Gross Scheduled Income: $61,860
Gross Operating Income: $60,004
Gross Income: $61,860
# Of Leased Units: 3
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 3
# Of Separate Electric Meters: 3
# Of Buildings: 2
Vacancy Allowance: 1856

Exterior

Exterior Features
Pool Features: None

Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 2-5 Units/Acre, Lot 6500-9999

Property Information
Common Interest: Community Apartment
Total # of Units: 3
Common Walls: 2+ common walls
Parcel Number: 5266007009
Attached Property
Total # of Stories: 2
Year Built Source: Assessor
Property ADU: No

Financial

Lease / Rental Details
Operating Expense: $22,185
Rent Control
Tenant Pays: Electricity, Gas
Total Actual Rent: $5,155

Utilities

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

Location

Neighborhood Information
Community Features: Curbs, Gutters, Sidewalks

Location Information
Latitude: 34.03631100
Longitude: -118.14274600
Directions: North of CA-60, East of I-710; Near the Intersection of Gerhart Ave & W Riggin St
Zoning: MPR2*

Public facts

Beds: 5
Baths: 3.0
Sq. Ft.: 2,442
Stories: —
Lot Size: 6,943 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1948
Year Renovated: 1948
County: Los Angeles County
APN: 5266007009

Home facts updated by county records on Oct 7, 2026

Other

Listing Information
IDX Contact Info: 909-645-0443
Days Active in MLS: 12
Continuous Days Active in MLS: 12

Listing Agent Information
List Agent First Name: Kristopher
List Agent Last Name: German

Listing Office Information
List Office Name: RE/MAX 2000 REALTY

Selling Agent Information
Buyer Agent First Name: AMY
Buyer Agent Last Name: LI

Selling Office Information
Buyer Office Name: CANDET PROPERTIES, INC.

Around this home

Schools

Bella Vista Elementary School

Public K-5 • Assigned • 0.4mi

5/10

Macy Intermediate School

Public 6-8 • Assigned • 1.0mi

7/10

Schurr High School

Public 9-12 • Assigned • 1.3mi

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 95° expected this year, 22 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

$1.21M – $1.47M

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Home values near 640 W Riggin St

Data from public records.

Address	Redfin Estimate
657 W Riggin Street, Monterey Park, CA 5 Beds \| 3 Baths \| - Sq. Ft.	$1,230,960
637 W Riggin Street, Monterey Park, CA 5 Beds \| 3 Baths \| 2590 Sq. Ft.	$1,027,843

Address	Redfin Estimate
653 W Riggin Street, Monterey Park, CA 5 Beds \| 3 Baths \| 2680 Sq. Ft.	$1,097,919
633 W Riggin Street, Monterey Park, CA 9 Beds \| 6 Baths \| 2590 Sq. Ft.	$1,120,840

Address	Redfin Estimate
641 W Riggin Street, Monterey Park, CA 5 Beds \| 3 Baths \| 2468 Sq. Ft.	$1,190,669
629 W Riggin Street, Monterey Park, CA 9 Beds \| 5 Baths \| 2468 Sq. Ft.	$1,107,585

Property information provided by CRMLS when last listed in 2024. 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 640 W Riggin St

Tax history for 640 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 640 W Riggin St

More real estate resources