
Monterey Park, California 91755
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $998,000—positioned above the $966,836 Fair Market Value. While the property requires modernization, its Condition Rating of 4 and expansive 8,354 sqft lot offer significant upside for value-add renovations. Located in the prestigious Alhambra school district with scenic Mountain Views, the home provides a solid foundation for long-term appreciation. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to customize a home in a prime hillside neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1321 Wilcox Avenue Subject | $968,000* List Price | 3 | 2 | 1,397 | $705 | - |
A 1567 Fulton Sold | $955,000 | 3 | 2 | 1,505 | $635 | 0.3 mi |
B 1690 Starbird Sold | $988,000 | 3 | 2 | 1,596 | $619 | 0.2 mi |
C 216 E Riggin Street Sold | $910,000 | 3 | 2 | 1,368 | $665 | 0.8 mi |
D 612 Ackley Street Sold | $890,000 | 3 | 2 | 1,186 | $750 | 0.8 mi |
E 290 Coral View Street Active Under Contract | $950,000 List Price | 3 | 2 | 1,478 | $643 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the home features recent cosmetic updates such as new flooring and fresh paint, it is a 1952 build with original kitchen cabinetry that has simply been painted. The listing explicitly mentions that the residence awaits updates to modernize systems (HVAC/Electric/Plumbing), and the presence of a wall AC unit suggests dated climate control.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8354, living area = 1397.
Situated in a highly desirable 'up the hill' neighborhood within the prestigious Alhambra school district, offering both long-term value and a top-tier educational environment.
The expansive 8,354 sqft lot provides significant outdoor living space and excellent potential for future expansion, gardening, or the addition of an ADU.
The residence requires thoughtful updates to modernize its systems and interior finishes to meet contemporary standards and maximize its full market potential.
Built in 1952, the home likely necessitates investment in core infrastructure and system upgrades typical of properties from this era that have not been recently overhauled.
Exquisite single-story Monterey Park gem in one of the best school districts – ready for its next proud owner. Nestled in one of the most desirable neigborhoods up the hill with fresh air. This enchanting 3-bedroom, 2-bathroom residence offers the perfect blend of timeless charm and modern comfort. A decorative fireplace adds character, while the residence awaits thoughtful updates to modernize systems and maximize its full potential. The spacious front and back yards and 2-car garage provide plenty of room for outdoor living, gardening, or future expansion. Ideally situated in a central location, this home offers convenient access to freeways, making commuting a breeze, and is just moments from a variety of restaurants, shops, grocery stores, and schools.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,397 | 1,471 | 41% |
| Lot Size | 8,354 | 7,074 | 64% |
| Price | $968.0K | $950.0K | 56% |
| Price per sq ft | $693 | $665 | 56% |
| Built year | 1952 | 1953 | 49% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 129 | 5% |
Jun 3, 2026
$968,000
$998,000
-3% Price Drop
Initial Listing
May 17, 2026
$998,000
Initial Listing
May 16, 2026
$1,068,000
Initial Listing
Oct 13, 2021
$870,000
Public Record