
Monterey Park, California 91755
This property presents a High-Potential Investment Opportunity with a List Price of $835,000—positioned well below the $804,154 Fair Market Value by -3%. While the property requires significant rehabilitation due to its Condition Rating of 5, the 6,730 sqft lot and unpermitted back house offer substantial value-add potential through legalization and renovation. Located within the Alhambra High School District, this asset provides a strategic foundation for long-term appreciation. This is an ideal acquisition for Buy-and-Hold Investors or Contractors capable of managing complex probate, as-is projects.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 206 Sefton Subject | $835,000* List Price | 2 | 1 | 993 | $810 | - |
A 504 Orange Sold | $800,000 | 2 | 1 | 784 | $1,020 | 0.5 mi |
B 909 E Mabel Sold | $863,000 | 3 | 2 | 1,216 | $710 | 0.3 mi |
C 223 E Emerson Sold | $800,000 | 2 | 1 | 806 | $993 | 0.5 mi |
D 620 E Graves Sold | $670,000 | 2 | 1 | 777 | $862 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1939 (>80 years old) and sold strictly AS-IS via probate, this property shows significant signs of deferred maintenance. With no mentioned updates to major systems, kitchens, or bathrooms, and the presence of unpermitted structures, it requires a full rehab to address likely safety and structural defects.
The property features a 500 sqft back house in addition to the main residence, offering significant potential for rental income or multi-generational living.
With a 6,730 sqft lot, there is ample space for property expansion, gardening, or formalizing an Accessory Dwelling Unit (ADU) to increase value.
Situated within the Alhambra High School District, the property benefits from access to reputable schools, which is a key driver for long-term appreciation.
The back house is unpermitted, placing the burden of code compliance, potential fines, or legalization costs entirely on the buyer.
As a probate sale sold strictly as-is, the property likely requires significant renovation and offers no room for seller-funded repairs or credits.
Probate sale—Must Go! This property is probate sale. Sold strictly AS-IS. Front House is 993 SF, 2 bedrooms, 1 bathroom, kitchen, living room, dining area. Back House (unpermitted) is 500+/- SF, 1 bedroom, 1 bathroom, living room. Previous back house tenant passed away in May 2025 by nature cause. Buyers must verify all facts, permits, and documents independently.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.3 |
| Baths | 1.0 | 2.3 |
| Square foot | 993 | 1,713.872 |
| Lot Size | 6,730 | 7,587.426 |
| Price | $835.0K | $1.00M |
| Price per sq ft | $841 | $653 |
| Built year | 1939 | 1957 |
| HOA | $0 | $220 |
| Days on market | 8 | 47 |
Sep 1, 2026
$835,000
Initial Listing