2023 Emerald, Monterey Park, California 91755, Monterey Park, 91755 - 3 bed, 2 bath
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2023 Emerald
Monterey Park, California 91755
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,868Sq Ft
11,982Lot Size
Property Price
LIST PRICE$1,049,000
EST. MARKET VALUE
$1,089,000
3% BelowMARKET VALUE
SUMMARY
This Single Family Residence represents a Strong Value Opportunity, listed at $1,089,000—positioned well below the $1,160,631 Fair Market Value by 6%. This valuation gap provides $71,631 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers modernized infrastructure, including a remodeled kitchen and central HVAC. With a generous 11,982 sqft lot and panoramic foothill views, this property is an ideal acquisition for Owner-Occupants seeking long-term appreciation or Buy-and-Hold Investors targeting high-demand hillside real estate.
Estimated Market Value
$1,089,000+$40,000 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Monterey Park.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2023 Emerald Subject | $1,049,000* List Price | 3 | 2 | 1,868 | $583 | - |
A 1682 Starbird Drive Sold | $1,190,000 | 3 | 2 | 1,767 | $673 | 0.5 mi |
B 290 Coral View Street Sold | $1,000,000 | 3 | 2 | 1,478 | $677 | 0.1 mi |
C 825 Browning Place Sold | $990,000 | 4 | 2 | 1,592 | $622 | 0.8 mi |
D 273 Starbird Drive Sold | $975,000 | 3 | 2 | 1,874 | $520 | 0.5 mi |
E 1740 Fulton Avenue Sold | $1,280,000 | 4 | 2 | 1,983 | $645 | 0.3 mi |
F 1947 Palm Sold | $1,258,000 | 4 | 3 | 1,813 | $694 | 0.5 mi |
G 1321 Wilcox Avenue Sold | $958,000 | 3 | 2 | 1,397 | $686 | 0.6 mi |
H 1949 Lupine Active Under Contract | $962,888 List Price | 3 | 2 | 1,596 | $603 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1959, the property features a remodeled kitchen and bathrooms, updated windows, and a central HVAC system. The interior appears well-maintained and move-in ready, consistent with a renovation performed within the last 5-15 years.
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 = 11982, living area = 1868.
- Prime Hillside Location
Situated on a quiet cul-de-sac in the desirable Monterey Park hills, the property offers serene foothill views and a private, low-traffic environment.
- Modernized Infrastructure
The home features key high-value upgrades including two remodeled bathrooms, updated windows, and a central HVAC system, ensuring immediate comfort and energy efficiency.
CONSRISKS & DEFICIENCIES
- School District Perception
The property is served by the Montebello Unified School District, which may be viewed less favorably by some buyers compared to neighboring high-ranking districts.
- Vintage Era Maintenance
Built in 1959, the home may require ongoing attention to original structural or utility systems that have not been explicitly noted as updated.
About 2023 Emerald
Stunning foothill views and an incredible opportunity in the highly sought-after hills of Monterey Park! Tucked away on a cul-de-sac street, this inviting home features three spacious bedrooms filled with natural light, two beautifully remodeled bathrooms, a large open kitchen perfect for entertaining, central HVAC system, and updated windows! Enjoy your private outdoor patio, spacious two-car garage, and beautiful surrounding views! Offering an ideal combination of location, comfort, upgrades, and potential, this lovely home is ready for you to make it your own! Priced to sell—don’t miss this rare Monterey Park opportunity!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 11,982 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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 |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,868 | 1,713.872 |
| Lot Size | 11,982 | 7,587.426 |
| Price | $1.05M | $1.00M |
| Price per sq ft | $562 | $653 |
| Built year | 1959 | 1957 |
| HOA | $0 | $220 |
| Days on market | 26 | 47 |
Pricing History
Listed for Sale
Sep 3, 2026
$1,049,000
$1,089,000
-4% Price Drop
Initial Listing
Price Change
Aug 14, 2026
$1,089,000
Initial Listing