111 Marguerita Ave 106, Monterey Park, California 91754, Monterey Park, 91754 - 2 bed, 2 bath
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111 Marguerita Ave 106
Monterey Park, California 91754
ACTIVE
CONDITION: FAIR
2Beds
2Baths
819Sq Ft
35,453Lot Size
Property Price
LIST PRICE$398,000
EST. MARKET VALUE
$413,608
3% BelowMARKET VALUE
SUMMARY
This ground-floor condominium represents a Strong Value Opportunity, listed at $398,000—positioned well below the $413,609 Fair Market Value by 3%. This valuation gap offers $15,609 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the unit offers a functional layout with a private patio and prime access in a senior community. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a well-maintained, accessible residence in the heart of Monterey Park.
Estimated Market Value
$413,608+$15,608 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 Ave 106 Subject | $398,000* List Price | 2 | 2 | 819 | $505 | - |
A 111 Marguerita Sold | $400,000 | 2 | 2 | 793 | $504 | 0.0 mi |
B 421 S Garfield 79 Sold | $510,000 | 2 | 2 | 979 | $521 | 0.9 mi |
C 918 W Garvey Avenue 318 Sold | $352,100 | 1 | 1 | 582 | $605 | 0.1 mi |
D 421 S Garfield Sold | $389,000 | 1 | 1 | 678 | $574 | 0.9 mi |
E 137 Casuda Canyon Drive B Sold | $390,000 | 2 | 2 | 1,000 | $390 | 0.9 mi |
F 918 W Garvey 107 Active | $352,000 List Price | 1 | 1 | 582 | $605 | 0.1 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, this 25-year-old unit is well-maintained but features dated original finishes. The kitchen contains older white appliances, including an electric coil stove and range hood, along with original oak-style cabinetry, fitting the criteria for a property over 20 years old needing cosmetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Accessibility
The ground-floor location situated near the community entrance offers exceptional ease of access, which is a significant benefit for senior residents and daily convenience.
- Comprehensive HOA Package
The monthly association dues provide excellent value by including water, trash, maintenance, insurance, and even cable TV and internet services, simplifying monthly expenses.
- Central Urban Location
Located in the heart of Monterey Park, the property is within close proximity to a vibrant commercial district, supermarkets, banks, and public transportation.
CONSRISKS & DEFICIENCIES
- Restricted Buyer Demographic
Being part of a senior community limits the potential buyer pool to age-qualified individuals, which may impact future resale liquidity compared to standard residential units.
- Compact Living Space
At 819 square feet for a two-bedroom, two-bathroom configuration, the interior layout is relatively compact and lacks any scenic views, which may feel restrictive to some buyers.
About 111 Marguerita Ave 106
Welcome to Evergreen Manor Senior Community in the heart of Monterey Park! This well-maintained ground-floor condominium offers comfortable, convenient living in a peaceful senior community, ideally located near shopping, restaurants, supermarkets, banks, public transportation, and Monterey Park’s vibrant commercial district. This spacious 2 bedroom, 2 bathroom unit features an easy access downstairs location near the community entrance, making coming and going especially convenient. HOA dues include water, trash, common-area maintenance and insurance, as well as cable TV and internet. With its convenient location, thoughtful senior-oriented amenities, easy ground-floor access, and comfortable layout, this home offers an excellent combination of convenience, accessibility, and value. Don’t miss the opportunity to make this wonderful Monterey Park residence your new home!
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 | 819 | 1,214.545 |
| Lot Size | 35,453 | 27,516 |
| Price | $398.0K | $588.3K |
| Price per sq ft | $486 | $527 |
| Built year | 1999 | 1987 |
| HOA | $300.0 | $231 |
| Days on market | 5 | 61 |
Pricing History
Listed for Sale
Sep 4, 2026
$398,000
Initial Listing
Sold
Feb 14, 2013
$238,000
Public Record
Sold
Jan 23, 2004
$190,000
Public Record
Sold
Jun 9, 2003
$185,000
Public Record