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313 North New Avenue

313 North New Avenue, Monterey Park, CA 91755
Commercial in Monterey Park
2 Units For Sale
Unit for sale at 313 N New Avenue 315, Monterey Park, CA 91755

$500,000

  • Commercial
  • 2,566 ft²
313 N New Avenue 315, Monterey Park, CA 91755 Listing by Kwok Wah Ken Auyeung

Unit for sale at 313 N New Avenue 315, Monterey Park, CA 91755

$2,100,000

  • Studio
  • 2,566 ft²
313 N New Avenue 315, Monterey Park, CA 91755 Listing by Kwok Wah Ken Auyeung

313 North New Avenue in Monterey Park, CA was first built in 1942 and is 82 years old. This has been categorized as a exempt property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 313 North New Avenue has 1,203 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,530. In total, the area measurement of the land is 7,515 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of composition shingle. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The exterior walls of the home are made of stucco. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Nov 8, 1994 for $155,000. That's $128.84 per sqft. 313 North New Avenue was last assessed in 2023. The total value of the property was assessed at $242,140. Specifically, the land the property is located on was valued at $176,123. While improvements on the property were assessed at a total of $66,017. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $3,559. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210401
04/01/2021
Loft
-
1203 ft²
$3,680,000
bedrooms
Loft
bathrooms
-
square feet
1203 ft²
-
-
-
WILLIAM WEI
Pinnacle Real Estate Group

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,515
  • Lot Size Depth Feet: 1,530
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,203
  • Gross Building Area: 1,203
  • Building Area: 1,203
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,203
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Exempt
  • Subdivision: 3511
  • Land Acres: 0.173
  • Standard Land Use Code: Parochial school, private school
  • Legal Description 1: TRACT NO 3511 S 50 FT (EX OF ST) OF LOT/SEC 34

Ownership

  • Current Owner : TSANG SUK H
  • Current Owner 2: SZETO ESTHER L
  • Previous Owner : RAY WILLIAM L

Neighborhood

  • School District Name: Garvey Elementary School District
  • Census Tract: 481712

Zoning

  • Zoning: MPR3*

Geography

  • Assessors Map Reference: 46-D1
  • Subdivision Tract Number: 3511
  • Parcel: 5258-007-068
  • Lot: 34
  • Municipality: EAST /MONTEREY PARK
  • Latitude: 34.0654
  • Longitude: -118.109

    Address

  • Full Address: 313 N New Ave
  • Address - House Number: 313
  • Street Direction: N
  • Address - Street Name: New
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Monterey Park
  • Carrier Code: C006
  • 4-Digit Zip Code: 2021
  • Zip Code: 91755

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,559
  • Tax Rate Code Area: 03-925

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $242,140
  • Assessed Land Value: $176,123
  • Assessed Improvements Value: $66,017

    Sales

  • Current Sale Contract Date: Nov 08, 1994
  • Current Sale Recording Date: Jan 03, 1995
  • Current Sale Transaction ID: 1010939726
  • Current Sale Price: $155,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 95-0000927

    Last Sale Mortgage

  • First Mortgage Lender: WORLD S/L
  • First Mortgage Transaction Date: Jan 03, 1995
  • First Mortgage Loan Amount: $120,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jan 01, 2025

    Financing

  • First Mortgage Financing Type: Variable

About Monterey Park



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Frequently Asked Questions

What neighborhood is 313 North New Avenue located in?
The 313 North New Avenue is a commercial located in the neighborhood of Monterey Park in Monterey Park, Monterey Park.
How many listings are currently for sale in 313 North New Avenue?
There are two listings currently on the market for sale.
What is the average sales price for listings in 313 North New Avenue?
The average sales price for units in 313 North New Avenue is $1,300,000 , or $507/sqft. currently.

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