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426 Sefton Avenue

426 Sefton Avenue, Monterey Park, CA 91755
Property in Monterey Park
Sold Feb 24, 2021
$2,630,000
$1,120,000 by East West Bank
Mortgage
426 Sefton Avenue has been categorized by the local assessors in Monterey Park, CA as a residential type of property. The building on the property was first built in 1962 and is 62 years old. The home has a total of 18 bedrooms. Residents will have access to 12 full bathrooms. There are 12 partial bathrooms in the home. In addition, 426 Sefton Avenue has 7,398 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 25,640 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Love to swim? You'll be excited to find out that there is a pool on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 426 Sefton Avenue was last sold in Jan 27, 2021 for $2,630,000. According to our calculations, that's $355.50 per sqft. Current property owners are expected to pay $36,452 in taxes per year. The property on 426 Sefton Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,736,252. To break that down further, the land itself was valued at $1,695,852. While improvements to the property were assessed at a total of $1,040,400. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 4
  • Bedroom Count: 18
  • Bathroom Count: 12
  • Full Bathrooms: 12
  • Partial Bathrooms: 12
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 8
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 25,640
  • Total Building Area: 7,398
  • Gross Building Area: 7,398
  • Building Area: 7,398
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 7,398
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 786
  • Land Acres: 0.589
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: TRACT NO 786 N 84 FT OF LOT/SEC 10 BLK/DIV/TWN Q

Ownership

  • Current Owner : 426 SEFTON LLC
  • Previous Owner : LI TI SAN
  • Previous Owner 2: LI CHUAN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Garvey Elementary School District
  • Census Tract: 482202

Zoning

  • Zoning: MPR3*

Geography

  • Assessors Map Reference: 46-D2
  • Subdivision Tract Number: 786
  • Parcel: 5259-006-036
  • Block: Q
  • Lot: 10
  • Municipality: EAST /MONT.PK./ROSMD.
  • Latitude: 34.0574
  • Longitude: -118.114

    Address

  • Full Address: 426 Sefton Ave
  • Address - House Number: 426
  • Address - Street Name: Sefton
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Monterey Park
  • Carrier Code: C047
  • 4-Digit Zip Code: 3440
  • Zip Code: 91755

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $36,452
  • Tax Rate Code Area: 03-925

    Appraisal Valuation

  • Standard Deviation: 0.1164
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 76
  • Final Value: 2,530,022
  • High Value: 2,824,666
  • Low Value: 2,235,377

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,120,000
  • First Open Lien Mortgage Lender: EAST WEST BANK
  • First Open Lien Mortgage Recording Date: Feb 24, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $1,120,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,736,252
  • Assessed Land Value: $1,695,852
  • Assessed Improvements Value: $1,040,400

    Sales

  • Current Sale Contract Date: Jan 27, 2021
  • Current Sale Recording Date: Feb 24, 2021
  • Current Sale Transaction ID: 11823162070
  • Current Sale Price: $2,630,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0309682

    Last Sale Mortgage

  • First Mortgage Lender: EAST WEST BANK
  • First Mortgage Transaction Date: Feb 24, 2021
  • First Mortgage Loan Amount: $1,120,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

About Monterey Park



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Frequently Asked Questions

What neighborhood is 426 Sefton Avenue located in?
The 426 Sefton Avenue is a located in the neighborhood of Monterey Park in Monterey Park, Monterey Park.
What is the average sales price for listings in 426 Sefton Avenue?
The average sales price for units in 426 Sefton Avenue is $0 currently.

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