506 Pomelo Ave F Monterey Park, CA 91755

3 beds · 3 baths · 1,397 sq ft · Lot Size: 57,678 sq ft · Residential Condominium
Est. Property Value: $560,614

High Demand Long-Term Rental

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

506 Pomelo Ave F is in the 91755 neighborhood of Monterey Park, CA. It is located in Los Angeles County and ZIP code 91755. This Residential Condominium was built in 1980 and is approximately 45 years old. The residential condominium spans 1397 sq ft with 3 bedrooms and 3 bathrooms and sits on a 57678 sq ft lot. According to public records, it was sold for $167,000 and has a tax-assessed value of $644,130, which is $401 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 506 Pomelo Ave F Monterey Park, CA 91755 with Property Intel by Whitepages.

506 Pomelo Ave F

Monterey Park, CA 91755

Neighborhood

Owners & Occupancy for 506 Pomelo Ave F

No contact information is available.

Occupancy

Resident 1******** age 39
Resident 2******** age 80
Resident 3****************

Property Financials for 506 Pomelo Ave F

506 Pomelo Ave F, Monterey Park, CA has no known mortgage. The Los Angeles county assessment for 2024 values it at $644,130, with annual taxes of $3,865.

Property Tax

Property Tax Amount$3,865 in 2023
Purchase Price$167,000
Assessed Value$644,130 on 2024

Investment Potential for 506 Pomelo Ave F

The property has a current estimated value of $560,614, which is 1% above the zip median, based on public records. It last sold for $167,000. Projected long-term
is $61,800 annually ($5,150 per month) with a 96% occupancy rate.

Discover more Residential Condominiums in 91755.
See Recommended Properties

Long-Term

Gross Rental
$61,800 per year($5,150 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
96%in 91755 zip code
 
View Rental Potential

Property Details for 506 Pomelo Ave F

Property Details

Property Sq Ft

Living Area

1,397 sq ft

5% below market

Lot Size

57,678 sq ft

162% above market

Price Per Sq Ft

Living Area

$401 / sq ft

7% above market

Lot Size Area

$10 / sq ft

62% below market

Property condition, age, exterior, etc. for 506 Pomelo…
Longitude: -118.109157 Latitude: 34.056606 Parcel Number (APN): 5259-019-070…

Recommended Properties in 91755

Discover more residential condominiums near 506 Pomelo Ave F in Monterey Park, California. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 506 Pomelo Ave F in Los Angeles County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$560,614
$728,187
-$167,572 (-23%)
$******
$1,028,259
-$111,956 (-11%)
YoY Price Change
****%
0.82%
976%
Year Built
1980
1987
-7 years
Living Space
1,397 sq ft
1,549 sq ft
-152 (-10%)
$ Per Living Sq Ft
$401
$480
-$78 (-16%)
Lot Size
57,678 sq ft
25,553 sq ft
32125 (126%)
$ Per Lot Sq Ft
$10
$31
-$22 (-69%)

Net Operating Income
$*****
$28,073
$17,494 (62%)
Annual Revenue
$61,800
$44,400
$17,400 (39%)
$*****
$16,912
-$679 (-4%)
Net Operating Income
$*****
$28,073
$17,494 (62%)
Cap Rate
****%
4.24%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Residential Condominium Medians

Find More Housing Markets Near Monterey Park

Nearby Cities

  1. South San Gabriel Investment Properties
  2. Alhambra Investment Properties
  3. East Los Angeles Investment Properties
  4. Montebello Investment Properties
  5. Rosemead Investment Properties
  6. San Gabriel Investment Properties
  7. Commerce Investment Properties
  8. South Pasadena Investment Properties
  9. South El Monte Investment Properties
  10. San Marino Investment Properties