
Monterey Park, California 91754
This Value-Add Hillside Asset presents a strategic opportunity in Monterey Park with a List Price of $875,000 and a Fair Market Value of $815,766. Currently assigned a Condition Rating of 5, the property requires a complete gut renovation but offers substantial upside through forced appreciation. The expansive 7,080 Sqft Lot and stunning City Lights Views overlooking East Los Angeles College provide the essential elements for a high-end transformation. Located in the Los Angeles Unified School District, this is a prime acquisition for Fix-and-Flip Investors or Contractors ready to unlock its full market potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1380 S Rock View Subject | $875,000* List Price | 3 | 2 | 1,403 | $581 | - |
A 486 Elevado Terrace Sold | $975,000 | 3 | 2 | 1,350 | $722 | 0.7 mi |
B 2058 Vancouver Avenue Sold | $860,000 | 3 | 2 | 1,393 | $617 | 0.3 mi |
C 1515 Lunar Drive Active Under Contract | $900,000 List Price | 3 | 3 | 1,795 | $501 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is in a state of severe disrepair and requires a complete gut renovation. Interior images reveal significant mold growth in the bathrooms, missing kitchen appliances, damaged cabinetry, and bare subfloors or heavily soiled carpeting throughout. The presence of plywood-covered walls, exposed wiring, and a derelict exterior further indicate that the home is currently unlivable and requires substantial rehabilitation of all major systems and finishes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7080, living area = 1403.
The property boasts impressive city light views overlooking East Los Angeles College, providing significant aesthetic value and future resale appeal.
Featuring a spacious open layout with a formal living room, dining area, and indoor laundry, the home offers a solid structural foundation for a modern redesign.
The home requires a complete remodel and is being sold in as-is condition, necessitating a substantial budget for repairs and modernization.
Built in 1957, the property likely requires significant updates to its core systems to meet current building codes and modern efficiency standards.
Beautiful city lights views overlooking ELAC College! This home features a spacious open floor plan with a fireplace, abundant natural light, and sliding glass doors that lead to the backyard. The layout includes a formal living room, dining area, 3 generously sized bedrooms, 2 bathrooms, and an indoor laundry area. The property needs a complete remodel and is being sold as is. Priced accordingly and ready for a buyer to bring their vision and unlock its full potential. Excellent opportunity for investors or buyers looking for tons of possibilities.
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 | 1,403 | 1,398 | 50% |
| Lot Size | 7,080 | 7,239.5 | 43% |
| Price | $875.0K | $962.5K | 28% |
| Price per sq ft | $624 | $680 | 37% |
| Built year | 1957 | 1952 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 156 | 4% |
Mar 28, 2026
$875,000
Initial Listing