209 Graves Avenue E, Monterey Park, California 91755, Monterey Park, 91755 - 5 bed, 4 bath
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Monterey Park, California 91755
This Spacious Multi-Generational Residence is listed at $1,538,000—positioned well below the $1,546,988 Fair Market Value by 1%. This valuation gap offers $8,988 in Instant Equity. Boasting a Condition Rating of 4, the expansive 3,512 sq. ft. floor plan is well-maintained but offers significant value-add potential through cosmetic modernization. Key highlights include Panoramic City and Mountain Views, a functional 5-bedroom layout, and placement within the Award-Winning Alhambra School District. Sold as-is with a newer roof, this property balances structural stability with creative upside. It is an ideal match for Multi-Generational Households or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 209 Graves Avenue E Subject | $1,538,000* List Price | 5 | 4 | 3,512 | $440 | - |
A 356 E Graves Avenue Sold | $1,288,000 | 4 | 3 | 2,748 | $469 | 0.2 mi |
B 208 E Newmark Avenue Sold | $1,300,000 | 4 | 3 | 2,528 | $514 | 0.3 mi |
C 975 Metro Sold | $1,080,000 | 6 | 4 | 2,351 | $459 | 0.7 mi |
D 130 Florence Ave Sold | $1,650,000 | 4 | 4 | 3,126 | $528 | 0.8 mi |
E 1862 Hendron Active | $1,295,000 List Price | 3 | 3 | 2,368 | $547 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1958, this property is well-maintained but largely unrenovated, featuring original or dated elements such as popcorn ceilings, wood paneling, and fluorescent light boxes. The kitchen contains older wood cabinetry and tile countertops, while the bathrooms show dated fixtures and etched glass shower doors. Although the roof is newer and the home is staged to appear move-in ready, the 'as-is' sale condition and visible carpet wear indicate a need for comprehensive cosmetic and functional modernization to meet current market standards.
Boasting over 3,500 sq ft of living space with 5 bedrooms and 4 bathrooms, the expansive two-story floor plan is ideal for large families or multi-generational households.
Situated in a highly sought-after Monterey Park neighborhood within an award-winning school district, the property offers exceptional long-term value and convenience to the I-10 and local amenities.
The home features a recently replaced roof and a 2021 termite treatment, providing peace of mind regarding major structural maintenance items often found in homes of this vintage.
The property is being sold strictly as-is with no seller repairs or credits, which may necessitate a significant upfront cash reserve for immediate improvements or repairs.
Built in 1958, the residence likely requires comprehensive cosmetic and functional updates to meet modern luxury standards and fully realize its value-add potential.
Rare opportunity in the highly sought-after Monterey Park! This expansive two-story residence offers approximately 3,512 sq ft of living space on an 8,186 sq ft lot, featuring 5 bedrooms and 4 bathrooms—an ideal layout for large or multi-generational households. The home showcases a functional and flexible floor plan with generous living areas, providing both comfort and strong potential for customization or value-add improvements. Located within an award-winning school district, this property presents exceptional long-term value for both owner-users and investors. Positioned in the heart of the San Gabriel Valley, the property enjoys unbeatable convenience—just minutes from major shopping centers, popular dining destinations, supermarkets, parks, and daily amenities, with easy access to the I-10 Freeway for seamless commuting. Property to be sold strictly in its present AS-IS condition. Seller will NOT make repairs or provide any credits. Recent property updates include termite treatment (2021), roof replacement in recent years. Priced to sell. Exceptional opportunity with strong upside potential—properties of this size and location rarely come to market. Seller is motivated and will review all serious offers.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 94% |
| Baths | 4.0 | 2.0 | 94% |
| Square foot | 3,512 | 1,499 | 97% |
| Lot Size | 8,186 | 6,916 | 66% |
| Price | $1.54M | $933.0K | 97% |
| Price per sq ft | $438 | $639 | 6% |
| Built year | 1958 | 1954 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 159 | 3% |
Mar 31, 2026
$1,538,000
Initial Listing
Sep 7, 2001
$350,000
Public Record
May 24, 2001
$65,000
Public Record
Feb 6, 1997
$222,000
Public Record