111 Marguerita, Monterey Park, California 91754, Monterey Park, 91754 - 2 bed, 2 bath
111 Marguerita
Monterey Park, California 91754
Property Price
SUMMARY
Analysis of 111 Marguerita, Monterey Park, California 91754 is currently available with a list price of $398,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Monterey Park Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1999, this 25-year-old property is well-maintained and move-in ready with fresh paint and updated laminate flooring. However, it lacks major renovations; the kitchen features original oak-style cabinetry and older white appliances, and the bathrooms retain dated fixtures and vanities, aligning with the 'fair' criteria for homes of this age with only minor cosmetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated near Monterey Park's vibrant commercial district, the property offers exceptional walkability and convenience to local shopping, dining, and banking services.
- Move-In Ready Condition
This ground-floor unit features a fresh coat of paint and the convenience of in-unit laundry, providing a turnkey solution for immediate occupancy.
- Comprehensive HOA Benefits
The $300 monthly HOA fee is competitively priced and covers essential utilities including water and trash, simplifying monthly budgeting for residents.
CONSRISKS & DEFICIENCIES
- Strict Age Restrictions
As part of a senior community requiring at least one occupant to be 62 or older, the property has a restricted buyer pool which may impact future resale liquidity.
- Additional Parking Costs
Unlike many condominium units where parking is deeded or included, this property requires a separate nominal annual fee for parking space access.
About 111 Marguerita
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 was freshly painted and in unit laundry provide convenience for the occupants. It is move-in ready for the new occupant. 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 3.0 | 26% |
| Square foot | 793 | 1,173 | 11% |
| Lot Size | 35,453 | 66,944 | 33% |
| Price | $398.0K | $680.0K | 11% |
| Price per sq ft | $502 | $546 | 33% |
| Built year | 1999 | 2007 | 44% |
| HOA | $300.0 | $360 | 44% |
| Days on market | 7 | 183 | 4% |
Pricing History
Listed for Sale
Feb 27, 2026
$398,000
Initial Listing
Sold
Jul 19, 2023
$388,000
Public Record
Sold
Dec 6, 2019
$365,000
Public Record
Sold
May 16, 2002
$188,000
Public Record
Sold
Apr 10, 2000
$183,000
Public Record