508 El Mercado Ave Monterey Park, CA 91754

$--

4 Beds
3 Baths
2,233 Sq.Ft.

Off Market

Map preview of 508 El Mercado Ave, Monterey Park, CA 91754

Property Overview: 508 El Mercado Ave Monterey Park, CA has 4 bedrooms, 3 bathrooms, 2,233 living square feet and 5,961 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

508 El Mercado Ave is currently an off market home in the city of Monterey Park. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Monterey Park has a median list price of $850,000. The median price per/sqft for Monterey Park is $619. With those numbers in mind, if you are looking to purchase a median priced home in Monterey Park, CA and put 20% down you will need to save up $170,000 for the down payment and will need roughly $17,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Monterey Park the commission could be as much as $43,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Tax History for 508 El Mercado Ave

Assessed Value (2020): $71,511

Year	Land Value	Improved Value	Assessed Value
2020	$26,653	$44,858	$71,511

About 508 El Mercado Ave

Detailed summary of property

508 El Mercado Ave is categorized with a use code of Triplex (3 Units, Any Combination) in Monterey Park, CA 91754 and is currently off market. This property has 4 bedrooms, 3 bathrooms, roughly 2,233 living square feet, and sits on an approximately 5,961 square foot lot. Homes in Monterey Park are selling for a median price of $860,000 and a median price per square foot of $568. Local nearby listings include 4836 E Seldner St, 3155 Budau Ave and 6614 Easton St. The average home in Monterey Park, CA is selling in 54 days. There are currently 72 homes for sale in the Monterey Park real estate market and 40 of them are single family homes while 26 of them are condos and 6 are townhomes. If you are the homeowner and looking to sell the home at 508 El Mercado Ave Monterey Park, CA 91754 contact Ardent Real Estate Group and we will put you in touch with one of our Monterey Park agents.

Public Facts for 508 El Mercado Ave

Public county record property details

Beds: 4
Baths: 3
Year built: 1949
Sq. Ft.: 2,233
Lot Size: 5,961
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 58
APN: 5262-004-029

The source for these homes facts are from public records.

91754 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$829,999

Median List Price/Sq.Ft.

$647

Median Sold Price

$790,000

Median Sold Price/Sq.Ft.

$568

Total Inventory

Median Sale to List Price %

100.27%

Avg Days on Market

Loan Type

Conventional (16.67%), FHA (0%), VA (0%), Cash (58.33%), Other (16.67%)

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(714) 706-1823

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