1343 S Garfield, Monterey Park, California 91754, Monterey Park, 91754 - 4 bed, 2 bath
1343 S Garfield
Monterey Park, California 91754
Property Price
SUMMARY
Analysis of 1343 S Garfield, Monterey Park, California 91754 reveals a Fairly Priced Property with a current list price of $1,200,000 aligned with the estimated $1,197,164 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1343 S Garfield Subject | $1,200,000* List Price | 4 | 2 | 1,714 | $698 | - |
A 1991 S Sunrise Sold | $1,300,000 | 3 | 2 | 1,765 | $737 | 0.9 mi |
B 650 W El Repetto Sold | $1,100,000 | 4 | 2 | 1,962 | $561 | 0.5 mi |
C 1351 S Ynez Sold | $1,180,000 | 4 | 2 | 1,765 | $669 | 0.6 mi |
D 651 651 Villa Monte Sold | $1,088,000 | 3 | 2 | 1,355 | $803 | 0.5 mi |
E 408 De La Fuente Street Sold | $980,000 | 3 | 2 | 1,830 | $536 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1953, the property has undergone an extensive recent renovation within the last 5 years, making it move-in ready. The interior features a modern open-concept kitchen with quartz countertops and stainless steel appliances, fully updated bathrooms with contemporary tile work and vanities, recessed lighting, crown molding, and high-quality flooring throughout. All major cosmetic and functional components appear new, meeting current quality standards with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9286, living area = 1714.
- Turnkey Remodel
The home features a high-quality, open-concept remodel including a modern kitchen and updated bathrooms, offering a move-in ready experience with meticulous attention to detail.
- Expansive Lot Size
Situated on a generous 9,286 square foot lot, the property provides significant outdoor space for entertaining and potential future expansion or ADU development.
CONSRISKS & DEFICIENCIES
- Traffic Exposure
The property's location on South Garfield Avenue, a major thoroughfare, may result in increased street noise and traffic compared to more secluded residential pockets.
- Market Stagnation
A recent $80,000 price reduction and extended time on the market suggest that the property may have been initially overvalued for the current local market conditions.
About 1343 S Garfield
First time on the market since 1984, this beautifully remodeled home showcases quality craftsmanship and meticulous attention to detail throughout. Upon entering, you are welcomed by a spacious open-concept layout that creates a bright and inviting atmosphere. The home offers four comfortable, well-sized bedrooms and two bathrooms, highlighted by tile flooring, tasteful crown molding, a remodeled kitchen, and a beautifully updated hall bathroom which creates a space that feels both welcoming and thoughtfully designed. The property also offers a spacious backyard and side yard, ideal for entertaining family and friends. Located in the desirable city of Monterey Park—ranked #3 among “Best Places to Live in America” by Money magazine in 2017—this turnkey home is truly move-in ready.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1953
- Lot Size
- 9,286 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
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 | 4.0 | 3.0 | 75% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,714 | 1,404 | 65% |
| Lot Size | 9,286 | 7,335 | 71% |
| Price | $1.20M | $965.0K | 79% |
| Price per sq ft | $700 | $680 | 60% |
| Built year | 1953 | 1952 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 80 | 157 | 13% |
Pricing History
Listed for Sale
Mar 1, 2026
$1,200,000
$1,280,000
-6% Price Drop
Initial Listing
Price Change
Dec 16, 2025
$1,280,000
Initial Listing