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738 East Garvey Avenue

738 East Garvey Avenue, Monterey Park, CA 91755
Property in Monterey Park
Local assessors in Monterey Park, CA have categorized 738 East Garvey Avenue as a commercial type of property. It was most recently renovated and altered in 1931. The property's lot size has been calculated to be 2,519 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 738 East Garvey Avenue has a total of 480 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 738 East Garvey Avenue is a 4 code building. This code stands for "buildings that have wood or wood and steel frames.". It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Residents rely on no air conditioning for their cooling system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 738 East Garvey Avenue sold most recently in Jul 16, 2014 for a total of $1,450,000. If you work out the math, that's approximately a cost of $3,020.83 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,715 in taxes each year. 738 East Garvey Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $288,790. If we break it down further, the land itself was valued at $231,034. Improvements to the property, however, were assessed at a total of $57,756. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Effective Year Built: 1931
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,519
  • Total Building Area: 480
  • Gross Building Area: 480
  • Building Area: 480
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: unknown
  • Heated Square Feet: 480
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: 1874
  • Land Acres: 0.058
  • Standard Land Use Code: Parking lot
  • Legal Description 1: TRACT NO 1874 E 25 FT OF W 98 FT OF S 100 FT OF N 130 FT OF LOT/SEC 36

Ownership

  • Current Owner : WONG GLORIA
  • Previous Owner : BROWNING CHRIS H

Neighborhood

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

Zoning

  • Zoning: MPCM*

Geography

  • Assessors Map Reference: 46-B2
  • Subdivision Tract Number: 1874
  • Parcel: 5259-018-003
  • Lot: 36
  • Municipality: EAST /MONTEREY PARK
  • Latitude: 34.0623
  • Longitude: -118.112

    Address

  • Full Address: 738 E Garvey Ave
  • Address - House Number: 738
  • Street Direction: E
  • Address - Street Name: Garvey
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Monterey Park
  • Zip Code: 91755

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,715
  • Tax Rate Code Area: 03-922

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $950,000
  • First Open Lien Mortgage Lender: THE BROWNING FAMILY TRUST
  • First Open Lien Mortgage Recording Date: Jul 22, 2014
  • First Open Lien Mortgage Loan Amount: $950,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Private Lender: T

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $288,790
  • Assessed Land Value: $231,034
  • Assessed Improvements Value: $57,756

    Sales

  • Current Sale Contract Date: Jul 16, 2014
  • Current Sale Recording Date: Jul 22, 2014
  • Current Sale Transaction ID: 1040249961
  • Current Sale Price: $1,450,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 14-0753272

    Last Sale Mortgage

  • First Mortgage Lender: THE BROWNING FAMILY TRUST
  • First Mortgage Transaction Date: Jul 22, 2014
  • First Mortgage Loan Amount: $950,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back

About Monterey Park



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Nearby Rentals

Unit for rent at 809 E Mabel Avenue, Monterey Park, CA, 91755

$4,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,487 ft²
809 E Mabel Avenue #A, Monterey Park, CA, 91755 Listing by JACOB SUN

Frequently Asked Questions

What neighborhood is 738 East Garvey Avenue located in?
The 738 East Garvey Avenue is a located in the neighborhood of Monterey Park in Monterey Park, Monterey Park.
What is the average sales price for listings in 738 East Garvey Avenue?
The average sales price for units in 738 East Garvey Avenue is $0 currently.

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