1224 Avenida Cesar Chavez, Monterey Park, California 91754, Monterey Park, 91754 - 0 bed, 0 bath
Loading property details...
Monterey Park, California 91754
This duplex presents a High-Potential Investment Opportunity with a List Price of $935,888—positioned well below the $948,908 Fair Market Value by 1%. This valuation gap offers $13,020 in Instant Equity. Featuring a Fair Condition Rating, the property offers significant value-add potential through modernization and the development of an ADU on the large rear pad. With its strategic location across from East Los Angeles College, this is an ideal Asset for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1224 Avenida Cesar Chavez Subject | $935,888* List Price | 0 | 0 | 1,768 | $537 | - |
A 1314 W 1st Street Active | $853,000 List Price | 0 | 0 | 1,540 | $554 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1948, this 76-year-old duplex appears well-maintained but significantly dated. Interior images show older vinyl tile flooring and the presence of window AC units indicates a lack of modern central HVAC. While functional and move-in ready, the property likely requires updates to kitchens, baths, and systems which appear to be over 20 years old.
Situated directly across from East Los Angeles College, this property offers high rental demand and excellent visibility for potential student or faculty tenants.
The large pad adjacent to the garage and rear alley access provide a significant opportunity for ADU expansion or a garage conversion to maximize density and cash flow.
As a duplex featuring two 2-bedroom units, the property provides immediate rental income and flexibility for owner-occupiers looking to offset their mortgage.
Built in 1948, the structure may require significant capital expenditures for modernizing systems or addressing deferred maintenance typical of older vintage buildings.
The reliance on street parking permits and alley-access only for the garage may be a drawback for tenants with multiple vehicles or those seeking traditional driveway access.
Welcome to the duplex at 1220 & 1224 Avenida Cesar Chavez, located in the highly desirable City of Monterey Park, directly across the street from East Los Angeles College. This prime location offers the convenience of being within walking distance to a variety of shopping, dining, and everyday amenities, while providing easy access to the 60 Freeway and several major connecting freeways for an effortless commute. Each residence is eligible for two permanent street parking permits, along with additional guest parking permits issued by the City of Monterey Park, providing convenient parking options for residents and visitors. Each unit features 2 bedrooms, 1 bathroom, a spacious living room ideal for entertaining, and convenient laundry hookups. The property also offers exciting future development potential with a large pad adjacent to the garage that may accommodate an Accessory Dwelling Unit (ADU). The detached garage is accessed via a wide rear alley, allowing separate ingress and egress, which could make a future garage-to-ADU conversion more practical. Buyers are encouraged to verify all development possibilities and ADU requirements with the City of Monterey Park.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,768 | 4,040 |
| Lot Size | 5,841 | 11,876.5 |
| Price | $935.9K | $1.27M |
| Price per sq ft | $529 | $535 |
| Built year | 1948 | 1963 |
| HOA | $0 | $0 |
| Days on market | 12 | 48 |
Jul 10, 2026
$935,888
Initial Listing