111 Marguerita 105, Monterey Park, California 91754, Monterey Park, 91754 - 2 bed, 2 bath
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111 Marguerita 105
Monterey Park, California 91754
ACTIVE
CONDITION: FAIR
2Beds
2Baths
820Sq Ft
35,453Lot Size
Property Price
LIST PRICE$380,000
EST. MARKET VALUE
$395,000
3% BelowMARKET VALUE
SUMMARY
This unit represents a High-Potential Investment Opportunity, listed at a List Price of $395,000—positioned well below the $412,166 Fair Market Value by 4%. This valuation gap offers $17,166 in Instant Equity. Featuring a Condition Rating of 4, the property requires cosmetic updates, providing a clear path for value-add improvements. Located in the Evergreen Manor Senior Community, this ground-floor unit offers City Lights views and a private patio. It is an ideal acquisition for Buy-and-Hold Investors or senior owner-occupants seeking a convenient, accessible lifestyle.
Estimated Market Value
$395,000+$15,000 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Monterey Park.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 111 Marguerita 105 Subject | $380,000* List Price | 2 | 2 | 820 | $482 | - |
A 111 Marguerita Sold | $400,000 | 2 | 2 | 793 | $504 | 0.0 mi |
B 421 S Garfield Sold | $389,000 | 1 | 1 | 678 | $574 | 0.9 mi |
C 137 Casuda Canyon Drive B Sold | $390,000 | 2 | 2 | 1,000 | $390 | 0.9 mi |
D 411 S Garfield Avenue 30 Active | $390,000 List Price | 1 | 1 | 721 | $541 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1999 (25 years old) with mostly original features. The kitchen and bathrooms are dated, and the unit shows visible wear including stained carpets, scuffed walls, and an aged stove that likely needs replacement. It requires cosmetic updates to be move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated near Monterey Park's vibrant commercial district, offering residents easy walking access to shopping, dining, and essential banking services.
- Ground Floor Accessibility
The unit's ground-floor location provides maximum convenience and ease of access, which is a significant benefit for senior living and those with mobility preferences.
- Inclusive HOA Fees
The $300 monthly HOA fee covers essential utilities like water and trash, along with common area maintenance and insurance, offering predictable monthly costs for residents.
CONSRISKS & DEFICIENCIES
- Age-Restricted Community
The requirement for at least one occupant to be 62 or older significantly limits the potential buyer pool and future resale marketability to a specific demographic.
- Parking Limitations
Parking is not automatically included in the purchase and requires a separate annual fee, which may be an inconvenience compared to units with deeded parking spaces.
About 111 Marguerita 105
The unit is located in the Evergreen Manor Senior Community. located near the Monterey Park's commercial district. Close to shopping, dinning, banking etc. The ground floor 2 Bedrooms 2 Baths condo unit provide convenience for the occupants. At least one occupant is required to be 62+ years old. There is no age restriction for the owner. HOA includes water, trash, common area maintenance & insurance. Parking space is available for a nominal annual fee.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1999
- Lot Size
- 35,453 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $300.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.3 |
| Baths | 2.0 | 2.7 |
| Square foot | 820 | 1,214.545 |
| Lot Size | 35,453 | 27,516 |
| Price | $380.0K | $588.3K |
| Price per sq ft | $463 | $527 |
| Built year | 1999 | 1987 |
| HOA | $300.0 | $231 |
| Days on market | 25 | 61 |
Pricing History
Listed for Sale
Aug 25, 2026
$380,000
$395,000
-4% Price Drop
Initial Listing
Price Change
Aug 15, 2026
$395,000
Initial Listing
Sold
Aug 4, 2003
$200,000
Public Record