
Monterey Park, California 91755
This Turnkey Investment Asset is a High-Potential Investment Opportunity, listed at $1,391,000—positioned above the $1,278,259 Fair Market Value. Despite the premium, the property offers immediate cash flow as a successful Airbnb generating up to $11,000 monthly. Featuring a Mint Condition Rating with a new roof and HVAC, this home provides significant operational stability. With ADU potential and a flexible floor plan, it serves as a versatile income-producing property. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a modern, income-generating residence in Monterey Park.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 150 E Floral Subject | $1,391,000* List Price | 6 | 4 | 2,196 | $582 | - |
A 1947 Palm Sold | $1,258,000 | 4 | 3 | 1,813 | $694 | 1.0 mi |
B 611 Taylor Drive Sold | $1,100,000 | 4 | 2 | 1,815 | $606 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1949, the property has undergone a comprehensive recent renovation. It features a brand-new roof, new HVAC system, and updated kitchen and bathrooms. The interior is in mint, turnkey condition with modern finishes, meeting the criteria for a high-quality remodel completed within the last 5 years.
Currently operating as a successful Airbnb generating $9,000-$11,000 in monthly revenue, the property is sold fully furnished, offering an immediate 'plug-and-play' opportunity for investors.
The home has been comprehensively renovated with a brand-new roof, a new HVAC system, and individual mini-splits in every room, significantly reducing the need for near-term capital expenditures.
The property includes a bonus room with an additional restroom and a lot size that allows for a potential ADU, providing excellent flexibility for multigenerational living or increased rental yield.
The property was recently sold within the past year on 2025-11-10. The sold price is $1,059,000.00.
There is a significant discrepancy between the official tax records (4 beds/3 baths) and the marketing description (6 beds/4 baths), which may pose challenges for traditional financing or appraisal valuations.
The property is located within the Montebello Unified School District, which may be viewed as less competitive by some buyers compared to the highly-rated neighboring Alhambra or San Marino districts.
Welcome to this beautifully remodeled home in the heart of Monterey Park area! offering comfort, versatility, and exceptional investment potential in one of Southern California's most desirable communities. Ideally located near renowned dining destinations, shopping, and major Los Angeles attractions, this property combines modern upgrades with income-producing opportunities. The home features 6 updated spacious bedrooms, 4 updated bathrooms, and a thoughtfully designed floor plan filled with natural light. Recently renovated throughout, the property boasts a brand-new roof, new HVAC system, new mini splits in each individual room, and has been recently fumigated for added peace of mind. Elegant finishes and tasteful furnishings create a warm and inviting atmosphere, with beautiful model furniture included in the sale. A bonus room with an additional restroom provides flexible space for a home office, guest accommodations, or future expansion. The city allows for the addition of an ADU (buyer to verify), presenting an excellent opportunity for multigenerational living or increased rental income. Currently operating as a successful Airbnb, this property offers immediate income potential for investors while remaining an ideal primary residence. Conveniently located just minutes from Downtown Los Angeles, Costco, Walmart, USC, LA General Medical Center, Rose Bowl Stadium, SoFi Stadium, and countless dining and entertainment options. Currently business is operating with short-term rentals permitted in this Monterey Park, this property offers potential Airbnb income from $9,000-$11,000 per month. A rare opportunity to own a turnkey property with modern upgrades, future development potential, and a prime Monterey Park location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,196 | 1,756 |
| Lot Size | 6,119 | 8,385 |
| Price | $1.39M | $960.9K |
| Price per sq ft | $633 | $659 |
| Built year | 1949 | 1958 |
| HOA | $0 | $228 |
| Days on market | 52 | 43 |
May 31, 2026
$1,391,000
Initial Listing
Nov 10, 2025
$1,059,000
Public Record