219 S Nicholson Ave, Monterey Park, California 91755, Monterey Park, 91755 - 2 bed, 1 bath
219 S Nicholson Ave
Monterey Park, California 91755
Property Price
SUMMARY
Analysis of 219 S Nicholson Ave, Monterey Park, California 91755 reveals a property with a current list price of $1,090,000, which is 19% above the estimated $912,978 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Monterey Park Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 219 S Nicholson Ave Subject | $1,090,000* List Price | 2 | 1 | 1,310 | $697 | - |
A 125 S Rural Drive Sold | $1,070,000 | 3 | 2 | 1,228 | $871 | 0.3 mi |
B 314 Sefton Sold | $860,000 | 2 | 2 | 933 | $922 | 0.3 mi |
C 1594 Trumbower Avenue Sold | $1,100,000 | 3 | 2 | 1,456 | $755 | 1.0 mi |
D 1567 Fulton Active Under Contract | $955,000 List Price | 3 | 2 | 1,505 | $635 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1936, this property is explicitly noted as requiring 'substantial updates to its core systems (e.g., electrical, plumbing, HVAC) and interior finishes' to meet contemporary standards. The visible exterior shows signs of age and deferred maintenance (dry lawn, older AC unit). Without evidence of recent major renovations, the home's major components and finishes are likely outdated and require significant rehabilitation, aligning with a 'Poor' condition.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Location & Convenience
Situated on a quiet street in the highly desirable Monterey Park, offering unparalleled access to markets, schools, parks, and shopping centers, making it ideal for convenient family living.
- Significant ADU Potential
A generous 6,773 sq ft lot with a detached garage presents excellent opportunities for adding an Accessory Dwelling Unit (ADU), enhancing property value and potential rental income.
- Expansion & Value-Add Opportunity
The existing layout offers clear potential to convert to a 3-bedroom home, allowing buyers to increase living space and property value through strategic renovations.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2025-09-17. The sold price is $976,000.00. The property was recently sold within the past year on 2025-08-04. The sold price is $675,000.00.
- Limited Bathroom Count
The property features only one bathroom, which is a significant limitation for a family home, especially considering its potential for a third bedroom.
- Age-Related Updates Required
As a 1936 build, the home likely requires substantial updates to its core systems (e.g., electrical, plumbing, HVAC) and interior finishes to meet contemporary standards and buyer expectations.
About 219 S Nicholson Ave
Location, Location, Location! Conveniently situated on a quite neighborhood street in the heart of Monterey Park. This charming single family home offers 2 bedrooms and 1 bathroom with a living area of 1310 sq ft, with potential for a 3rd bedroom. The generous 6773 sq ft lot provides excellent ADU potential, featuring a detached garage in the backyard. Close to market, school, Park and shopping centers. This home is ideal for families seeking a peaceful neighborhood with everyday convenience.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1936
- Lot Size
- 6,773 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 17% |
| Baths | 1.0 | 2.0 | 17% |
| Square foot | 1,310 | 1,488 | 27% |
| Lot Size | 6,773 | 7,135 | 43% |
| Price | $1.09M | $971.5K | 67% |
| Price per sq ft | $832 | $645 | 83% |
| Built year | 1936 | 1953 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 164 | 7% |
Pricing History
Listed for Sale
Jan 27, 2026
$1,090,000
Initial Listing
Sold
Sep 17, 2025
$976,000
Public Record
Sold
Aug 4, 2025
$675,000
Public Record