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196 Coral View Street, Monterey Park, California 91755, Monterey Park, 91755 - 3 bed, 2 bath

196 Coral View Street, Monterey Park, California 91755 home-pic-0
ACTIVE$1,130,000
196 Coral View Street, Monterey Park, California 91755
3Beds
2Baths
1,596Sqft
5,767Lot
Year Built
1954
Close
-
List price
$1.13M
Original List price
$1.18M
Price/Sqft
$708
HOA
-
Days on market
-
Sold On
-
MLS number
WS25047169
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 37% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.13M(74th), sqft - 1596(51th), beds - 3(50th), baths - 2(50th).

Discover this beautifully updated, turn-key, 3-bedroom, 2-bathroom home offering 1,596 sqft of modern living in a fantastic location! Designed for both comfort and style, this home boasts a fully remodeled kitchen and bathrooms, new wood flooring, and carpeted bedrooms. Energy-efficient double-pane windows and a new front and side door enhance security and insulation, while central heating and mini-split ACs keep the home comfortable in any season. Major upgrades include a full roof replacement, upgraded copper plumbing and water heater, and an improved sprinkler system—giving you peace of mind for years to come. The covered patio makes entertaining a breeze at the backyard. With easy access to schools, parks, hospitals, clinics, dining, and major freeways, this home is perfect for those seeking both convenience and quality. Don’t miss your chance—schedule a tour today!

Condition Rating
Excellent
Despite being built in 1954, this property has undergone an extensive and comprehensive renovation, making it virtually new in terms of condition and features. The listing explicitly states 'fully remodeled kitchen and bathrooms, new wood flooring, and carpeted bedrooms,' along with major system upgrades including a full roof replacement, upgraded copper plumbing, new water heater, energy-efficient double-pane windows, and modern central heating and mini-split ACs. The provided images confirm a contemporary, turn-key interior with new appliances, fixtures, and finishes throughout, aligning perfectly with the 'extensively renovated within 5 years' and 'all components are new or virtually new' criteria for an excellent rating.
Pros & Cons

Pros

Extensive Capital Upgrades: The property boasts significant recent upgrades including a full roof replacement, upgraded copper plumbing, new water heater, improved sprinkler system, energy-efficient double-pane windows, and new front and side doors, offering long-term value and peace of mind.
Turn-key Modern Interiors: Featuring a beautifully updated, turn-key interior with fully remodeled kitchen and bathrooms, new wood flooring, and carpeted bedrooms, allowing for immediate move-in without additional renovation costs.
Comprehensive Climate Control: Equipped with both central heating and mini-split ACs, ensuring comfortable living conditions throughout all seasons.
Prime Location & Accessibility: The home offers easy access to essential amenities such as schools, parks, hospitals, clinics, dining, and major freeways, enhancing convenience and desirability for residents.
Enhanced Outdoor Living: A covered patio in the backyard provides a dedicated and comfortable space for entertaining guests and outdoor relaxation.

Cons

Significant Price Discrepancy: The current listing price of $1.13M is substantially higher than the estimated property value of $707K, which may indicate overpricing or requires strong justification through recent comparable sales.
Recent Price Reduction: The property has already undergone a price reduction from its original list price of $1.18M, potentially signaling challenges in attracting buyers at the initial price point and suggesting further negotiation might be expected.
Limited View Appeal: While the property has a 'Neighborhood' view, it does not offer premium scenic views (e.g., city lights, mountains) that some comparable properties in the area might feature, which could be a factor for buyers prioritizing such amenities.

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