1034 Loma Verde, Monterey Park, California 91754, Monterey Park, 91754 - 2 bed, 1 bath
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Monterey Park, California 91754
This Single Family Residence represents a Strong Value Opportunity, listed at $740,000—positioned above the $697,171 Fair Market Value. While the property is priced slightly above market, its Condition Rating of 3 ensures a move-in ready experience with updated finishes. The generous 6,104 sqft lot offers significant expansion potential, making it a versatile asset in the desirable Alhambra school district. This property is an ideal acquisition for first-time buyers seeking a stable entry point or long-term investors looking to capitalize on future development.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1034 Loma Verde Subject | $740,000* List Price | 2 | 1 | 868 | $803 | - |
A 121 Electric Avenue Sold | $697,500 | 3 | 2 | 950 | $734 | 1.0 mi |
B 624 W Floral Sold | $825,000 | 2 | 1 | 922 | $895 | 0.7 mi |
C 304 W Graves Avenue Sold | $685,000 | 2 | 2 | 776 | $883 | 0.8 mi |
D 1800 Fernbank Sold | $915,000 | 3 | 2 | 1,195 | $766 | 0.5 mi |
E 715 W Graves Active Under Contract | $798,888 List Price | 2 | 1 | 846 | $944 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1950, the property shows signs of a mid-term renovation (approx. 5-15 years ago) with updated laminate flooring, fresh paint, and track lighting. The interior is well-maintained and move-in ready, though the presence of a wall heater and cracked exterior concrete indicates some dated systems and minor maintenance needs.
The generous 6,104 sqft lot provides significant opportunity for future additions or an ADU, allowing owners to maximize the property's value relative to its modest 868 sqft footprint.
The home is beautifully maintained with updated finishes and abundant natural light, offering a turnkey experience for first-time buyers or investors looking for immediate occupancy.
Situated in a highly sought-after Monterey Park neighborhood within the Alhambra school district, the property offers excellent proximity to top-rated schools, shopping, and major freeways.
With only 868 square feet of living space and a single bathroom, the interior layout may be too restrictive for growing families or those requiring a home office.
Built in 1950, the property may have aging underlying systems such as plumbing or electrical that could require maintenance or upgrades despite the cosmetic updates.
Welcome to this beautifully maintained 2-bedroom, 1-bathroom home located in one of Monterey Park’s most desirable neighborhoods. Perfect for first-time buyers or savvy investors, this property offers a rare opportunity to own in a prime San Gabriel Valley location. Step inside to find a clean, well-kept interior with updated finishes, abundant natural light, and a functional layout that maximizes every square foot. The bright kitchen features ample cabinet space and a practical design ideal for everyday living. Outside, the home truly shines with a generously sized front yard—perfect for entertaining, future expansion, or simply enjoying the Southern California lifestyle. Conveniently located near top-rated schools, shopping, dining, and major freeways, this home combines comfort, accessibility, and long-term value. Don’t miss your chance to own a move-in ready home in a highly sought-after area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 14% |
| Baths | 1.0 | 2.0 | 21% |
| Square foot | 868 | 1,466 | 7% |
| Lot Size | 6,104 | 7,054 | 30% |
| Price | $740.0K | $940.0K | 14% |
| Price per sq ft | $853 | $664 | 88% |
| Built year | 1950 | 1951 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 128 | 2% |
Jun 3, 2026
$740,000
Initial Listing
Aug 10, 2023
$710,000
Public Record