117 Gladys Ave, Monterey Park, California 91755, Monterey Park, 91755 - bed, bath
117 Gladys Ave
Monterey Park, California 91755
Property Price
SUMMARY
Analysis of 117 Gladys Ave, Monterey Park, California 91755 is currently available with a list price of $1,200,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1957, this quadruplex shows significant age and wear on its exterior, with visible older windows, security bars, and dated parking areas. The lack of interior images, combined with the property's age and the AI's assessment of 'outdated systems (plumbing, electrical)' and 'potential for deferred maintenance,' strongly suggests that substantial repairs and rehabilitation are needed. It's likely that major components and all interior finishes, including kitchens and bathrooms, are severely outdated and require significant capital expenditures for modernization, aligning with the 'poor' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Income-Generating Asset
As a quadruplex, this property offers significant potential for rental income, making it an attractive investment opportunity for steady cash flow.
- Desirable Location
Located in Monterey Park, a well-regarded area in Los Angeles County, known for its strong rental demand and community amenities, enhancing property value and tenant appeal.
- Generous Lot Size
The 7,682 sqft lot provides ample space, which could offer potential for outdoor amenities, additional parking, or future expansion possibilities (subject to zoning and permits).
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1957, the property is over 60 years old, which may imply outdated systems (plumbing, electrical), potential for deferred maintenance, or the need for significant capital expenditures for modernization.
- Limited Immediate Availability
Being 'Active Under Contract' means the property is not currently available for new offers, restricting immediate opportunities for interested buyers.
- Unspecified Renovation Status
The lack of detailed information regarding recent renovations or the current condition of individual units suggests potential for substantial investment required to update interiors and maximize rental income.
About 117 Gladys Ave
Exceptional opportunity in Monterey Park. This spacious 4-bedroom residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area, the home features a large living area, updated kitchen potential, and a private backyard.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1957
- Lot Size
- 7,682 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,080 | 2,588 | 33% |
| Lot Size | 7,682 | 12,735 | 33% |
| Price | $1.20M | $1.25M | 33% |
| Price per sq ft | $577 | $499 | 67% |
| Built year | 1957 | 1957 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 138 | 44 | 0% |
Pricing History
Listed for Sale
Dec 11, 2025
$1,200,000
$1,279,000
-6% Price Drop
Initial Listing
Price Change
Oct 30, 2025
$1,279,000
$1,299,000
-2% Price Drop
Initial Listing
Price Change
Oct 19, 2025
$1,299,000
Initial Listing