
Monterey Park, California 91754
This property presents a High-Potential Investment Opportunity with a List Price of $659,999—positioned well below the $646,363 Fair Market Value by -2%. While the home carries a Condition Rating of 6, its original 1931 Spanish-style character and 6,580 sqft corner lot offer significant value-add potential. Located in the Alhambra School District, this asset provides a rare entry-level price point for the area. It is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a project with strong renovation upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1168 Knoll Drive Subject | $659,999* List Price | 2 | 1 | 803 | $805 | - |
A 201 N Baltimore Sold | $750,000 | 3 | 2 | 1,032 | $727 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property was built in 1931 (93 years old) and is explicitly described as being in 'original condition' with no renovations. Per the criteria, any property >50 years old with no renovations is classified as a tear-down. The listing confirms an 'AS-IS' sale with no repairs, and images show dated systems, window AC units instead of central HVAC, and original kitchen/bath components requiring a total overhaul.
Positioned as the lowest-priced 2-bedroom home in the highly desirable Alhambra School District, this property offers an exceptional entry-level price point for the area.
The property features original Spanish-style character, including archways and a skylight, situated on a generous 6,580 sqft corner lot with significant room for expansion or renovation.
Located near the intersection of Atlantic and Garvey, the home provides excellent walkability and convenience to local restaurants, supermarkets, and public transportation.
The home is in original 1931 condition and sold strictly 'as-is,' requiring a substantial capital investment to address deferred maintenance and modern upgrades.
At only 803 square feet, the living space is quite compact for a detached single-family residence, which may challenge buyers looking for larger room scales or modern open layouts.
Huge price reduction for quick sale! This can be a GREAT starter home or investment opportunity. This is a single-story home on a corner lot. Original condition and sold AS-IS, with no repairs of any kind by seller. Loads of potential- some of the original character is here like the archways and beautiful skylight. You fix it and save! It can be restored to a sweet Spanish style home. Very convenient location near the intersection of Atlantic and Garvey. proximity to restaurants and supermarkets as well as transportation. The lowest priced 2 bedroom home in the Alhambra School district. Buyer to verify all representations as to Lot size, square footage and any other pertinent information. shown by appointment ONLY.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.3 |
| Baths | 1.0 | 2.3 |
| Square foot | 803 | 1,713.872 |
| Lot Size | 6,580 | 7,587.426 |
| Price | $660.0K | $1.00M |
| Price per sq ft | $822 | $653 |
| Built year | 1931 | 1957 |
| HOA | $0 | $220 |
| Days on market | 33 | 47 |
Aug 22, 2026
$659,999
$699,000
-6% Price Drop
Initial Listing
Aug 7, 2026
$699,000
Initial Listing