$6,234 Closing Credit¹
#AR25022699, Crystal Zheng, Listing Office: KW Executive
#CV25017683·
Listing Office: CB RICHARD ELLIS·
Listing Agent: ERIC CHEN·
Listing Office Phone: 626-757-5717
$23,000,000 List price
1003 E Hellman Ave Monterey Park, CA 91755
2.2 acres
Condo
Property details
About 1003 E Hellman Ave
We are proud to present an exceptional opportunity to acquire 68 units that consists of three contiguous parcels located at 1003 E Hellman Avenue, 1013 E Hellman Avenue, and 1025 E Hellman Avenue in the city of Monterey Park. This vibrant location positions your investment at the heart of it all. The properties are situated on the south-west corner of North New Avenue and East Hellman and are within minutes away from a plethora of diverse restaurants, shopping centers, entertainment attractions and Cal State University Los Angeles. Situated on a large 2.18-acre lot, the property is strategically located next to Mark Keppel High School in an area with the highest Asian population density in the United States. Built in 1949, 1959 and 1962 the properties are well-maintained situated on ±95,282 square feet of land and a total building size of ±47,920 square feet. The properties consist of a unit mix of one-bed/one-bathroom and two-bed/one-bathroom units averaging 713 square feet per unit. The smoke free units feature wall air conditioning and heating, wall-to-wall carpeting, vertical blinds, high-speed internet, balconies, secured screen doors, and kitchens with refrigerators, oven-range and disposals. The building features on-site laundry facilities, mature landscaping, secured gated access, surface and covered parking.* The property is ideally located offering convenient access to the 10, 710, 5 and 110 freeways and neighboring cities in the San Gabriel Valley—Rosemead, Montebello, South San Gabriel and Alhambra. It is less than 10 miles from Downtown Los Angeles and just a short drive away from Pasadena, Hollywood and Beach Cities. Nearby shopping includes Home Depot, Costco and Target. Significant local landmarks within a short distance include: Dodger Stadium, Cyrpto.com Arena, LA Live, the Hollywood Bowl, Los Angeles Union Station and more. As prime income properties in a high-demand area, this offering presents stability and a rare chance to capitalize on a thriving market and is ideal for various investors whether it may be a first-time purchaser, seasoned investor, developer or looking for a 1031 exchange opportunity. *Property features vary
Highlights
Home typeCondominium
HeatingWall Furnace
StatusActive
CoolingWall/Window Unit(s)
Lot size2.1874 Acres
Year built1962
MLS #CV25017683
Summary
- MLS Number: CV25017683
- MLS Name: CRMLS
- Office Name: CB RICHARD ELLIS
- Office Phone: (626) 757-5717
- Listing Agent: ERIC CHEN
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 8:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$23,000,000
1003 E Hellman Ave
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 18, 2000 | Home Sold | $2,850,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $4,296,611 | $65,931 |
| 2023 | $4,212,406 | $62,820 |
| 2022 | $4,129,852 | $60,157 |
| 2021 | $4,048,917 | $59,682 |
| 2020 | $4,005,323 | $57,582 |
| 2019 | $3,926,789 | $56,263 |
| 2018 | $3,849,794 | $55,200 |
| 2017 | $3,774,309 | $55,200 |
History based on county public records data.
Nearby schools
6
Emerson (Ralph Waldo) Elementary School
Public District KG-6
0.4 mi
•7544 Emerson Pl
9
Duff Language Magnet Academy
Public Magnet KG-6
0.6 mi
•7830 Dorothy St
6
Bitely (Arlene) Elementary School
Public District KG-6
0.7 mi
•7501 Fern Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $31,899. Most Monterey Park, CA residents have annual incomes less than $<35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
55%
<35k
38%
35k-100k
6%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
35%
Single, No Kids
13%
Single, with Kids
26%
Married, No Kids
26%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
8%
12-17 yrs old
23%
18-34 yrs old
46%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
H&M
Foot Locker
Burlington
Where do the neighbors go to eat?
Popeyes
Boston Market
Little Caesars
What do the neighbors drive?
Nissan
Honda
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1003 E Hellman Ave
This home is located at 1003 E Hellman Ave in Monterey Park, CA and zip code 91755 in the The San Gabriel Valley neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 25, 2025 and is currently priced at $23,000,000.
Over 7 listings were sold over their listed price in January 2025 in Monterey Park, CA. In the same period over 8 listings were sold below the listed price and 1 listings were sold for the listed price. The number of homes for sale in Monterey Park, CA decreased by 10.7% between December and January 2025. Listings spent 23 days on the market in January 2025, and had a median list price of $929,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.