1240 Branham, Monterey Park, California 91754, Monterey Park, 91754 - 3 bed, 2 bath
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Monterey Park, California 91754
This Single Family Residence represents a Strong Value Opportunity, listed at $930,000—positioned well below the $937,934 Fair Market Value by 0.85%. This valuation gap offers $7,934 in Instant Equity. With a Condition Rating of 4, the property requires cosmetic modernization, yet its 9,268 sqft lot provides significant ADU potential. Located in the Alhambra Unified School District (10/10 rating) with Panoramic City Views, this asset is ideal for Buy-and-Hold Investors or first-time buyers seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1240 Branham Subject | $930,000* List Price | 3 | 2 | 1,171 | $801 | - |
A 486 Elevado Terrace Sold | $975,000 | 3 | 2 | 1,350 | $722 | 0.5 mi |
B 1530 Lunar Sold | $1,000,886 | 3 | 2 | 1,388 | $721 | 0.9 mi |
C 1556 W Longhill Dr Sold | $1,068,000 | 3 | 2 | 1,487 | $718 | 0.9 mi |
D 121 Electric Avenue Sold | $697,500 | 3 | 2 | 950 | $734 | 0.3 mi |
E 1141 Williams Sold | $725,000 | 3 | 1 | 996 | $728 | 0.1 mi |
F 715 W Graves Sold | $790,000 | 2 | 1 | 846 | $934 | 0.6 mi |
G 776 S Ynez Active | $850,000 List Price | 2 | 1 | 1,046 | $813 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1953, the home is functional but dated. While it features a modern mini-split HVAC addition, the interior retains older parquet flooring, an original-style wood-paneled ceiling, and a bathroom with 15-20+ year old finishes. The listing's suggestion to 'use your imagination' and the presence of an old wall heater indicate the property needs cosmetic updates and minor system repairs.
Situated in a coveted Monterey Park neighborhood, the property offers a 15-minute commute to DTLA and access to the highly-rated Alhambra Unified School District with a 10/10 rating.
The generous 9,268 sqft lot is significantly larger than average for the area, providing a massive backyard that offers ample space for expansion or the addition of an Accessory Dwelling Unit (ADU).
The property features stunning panoramic and city light views, including a peek-a-boo view of the Los Angeles skyline, which adds a premium feel and increases long-term investment value.
Built in 1953, the home likely requires updates to its original systems and finishes to meet contemporary standards, as suggested by the 'use your imagination' marketing remarks.
With only 1,171 square feet of living space for a three-bedroom home, the interior layout may feel restrictive for modern families or those accustomed to open-concept designs.
LOCATION! LOCATION! LOCATION! Experience the best of San Gabriel Valley living in this 3 Bedroom, 2 Bath Home situated in a quiet and coveted Monterey Park neighborhood. You're minutes from the 10 and 60 freeways, surrounded by world-class Asian cuisine for all the foodies out there and top-rated Alhambra USD schools with a school.org rating of 10/10. Enjoy seamless flow from the spacious living room to dining room to the kitchen with abundant natural light flowing through the French doors. A welcoming atmosphere designed for both convenience and memorable gatherings. A huge backyard with a peek-a-boo view of LA skyline perfect for that golden hour sunset hues cascading through the hill. Monterey Park Lifestyle includes a 15 minute commute to DTLA. Cal State LA , ELAC, USC Medical campus are also within convenience location-wise as well as Atlantic Blvd's famous restaurant rows, Boba shops and 99 Ranch market. This area blends suburban peace with unbeatable convenience. Whether you are looking for a start up home, a forever home, or a smart investment in a highly desirable community, .We challenge you to use your imagination as opportunities like this are rare.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,171 | 1,756 |
| Lot Size | 9,268 | 8,385 |
| Price | $930.0K | $960.9K |
| Price per sq ft | $794 | $659 |
| Built year | 1953 | 1958 |
| HOA | $0 | $228 |
| Days on market | 30 | 43 |
Jun 22, 2026
$930,000
Initial Listing
Mar 15, 2024
$850,000
Public Record