
Monterey Park, California 91754
This Turnkey Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,125,000. While priced slightly above the $1,065,633 Fair Market Value, the property offers significant long-term upside through its City-approved ADU plans and 4-car garage capacity. Featuring an Excellent Condition Rating with high-end GE Cafe appliances and restored hardwood floors, this home provides immediate lifestyle luxury. The combination of modern interior finishes and future income-generating potential makes this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking multi-generational living solutions.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2308 Hendricks Avenue Subject | $1,050,000* List Price | 3 | 2 | 1,693 | $608 | - |
A 633 W Gleason Street Sold | $845,000 | 3 | 3 | 1,738 | $486 | 0.2 mi |
B 637 W Fernfield Sold | $938,800 | 4 | 2 | 1,466 | $640 | 0.2 mi |
C 211 W Markland Drive Sold | $1,080,000 | 4 | 3 | 1,900 | $568 | 0.4 mi |
D 990 Moonbeam Sold | $1,135,000 | 3 | 2 | 1,700 | $668 | 0.6 mi |
E 807 W Fernfield Drive Sold | $920,000 | 3 | 2 | 1,558 | $591 | 0.4 mi |
F 2001 Fernbank Sold | $880,000 | 2 | 2 | 1,380 | $638 | 0.5 mi |
G 1816 Graylock Sold | $858,500 | 3 | 1 | 1,090 | $788 | 0.6 mi |
H 1090 Hillvale Sold | $1,160,000 | 3 | 2 | 1,470 | $789 | 0.7 mi |
I 633 W Gleason Street Active | $1,048,800 List Price | 4 | 3 | 1,738 | $603 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (likely within the last 5 years) featuring a modern kitchen with quartz countertops and high-end GE Cafe/KitchenAid appliances, fully updated bathrooms with contemporary tile and brass fixtures, upgraded HVAC systems, and refinished hardwood floors throughout, making it a turnkey home.
The property includes City-approved architectural plans for a 693-square-foot, 2-bedroom detached ADU, offering a significant value-add opportunity for rental income or multi-generational living.
Extensively updated with premium finishes, including GE Cafe and Kitchen Aid appliances, quartz countertops, restored hardwood floors, and upgraded air conditioning for immediate move-in readiness.
A rare four-car garage capacity provides ample space for car enthusiasts, storage, or the flexibility to execute the pre-approved ADU conversion without sacrificing all parking utility.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1693, other record living area = 1333.
The property was recently sold within the past year on 2026-01-26. The sold price is $710,000.00.
At 5,579 square feet, the lot may feel congested once the garage is converted into a 693-square-foot ADU, potentially compromising private outdoor yard space.
ATTENTION EXTENDED FAMILIES! Fully-Remodeled 2026! 3BD/2BA 1690sq/ft home, 4-car garage with approved plans for a 2BD/1BA ADU! Guest area for multi-generational living in a highly desirable area of Monterey Park!Restored Hardwood Floors, New Quartz Countertops, stove chef brass pot-filler, white cabinetry, dry coffee bar, updated bathrooms, spacious closets, new paint Exterior & Interior, recessed lighting, inside laundry area, upgraded air conditioning, Includes: New Luxury GE Cafe' Refrigerator and Kitchen Aid Stove to Bring out the Chef in you!Huge Master Bedroom includes a Fireplace and enhanced closet space.The finished Guest Area provides an ideal setting for a family room, home theater, office, gym, guest quarters, or potential fourth bedroom!Outdoor improvements include New Grass, New upgraded sprinkler control system, a restored built-in Santa Maria Style brick BBQ, relax around an inviting Fire-Pit Area and patio toasting smores!. Fruit Trees: Pecan Tree, Persimmon, Mango, various Citrus!The property also includes two detached two-car garages (4 car garage) and City of Monterey Park Planning Department-approved architectural plans for an approximately 693-square-foot, two-bedroom detached ADU, converting the garage into a new home. Fruit Trees (Pecan, Persimmon, Mango, citrus...)A rare opportunity to enjoy a turnkey home today with exceptional flexibility and future income potential and or an extended family!SELLER OPEN TO HELP PAY BUYERS' CLOSING COSTS / POINTS TO LOWER INTEREST RATE. ALL REASONABLE OFFERS CONSIDERED!Listing broker is an active California-licensed real estate broker and holds an ownership interest in the entity that owns the property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,693 | 1,713.872 |
| Lot Size | 5,579 | 7,587.426 |
| Price | $1.05M | $1.00M |
| Price per sq ft | $620 | $653 |
| Built year | 1947 | 1957 |
| HOA | $0 | $220 |
| Days on market | 53 | 47 |
Aug 27, 2026
$1,050,000
$1,088,000
-3% Price Drop
Initial Listing
Jul 31, 2026
$1,088,000
$1,125,000
-3% Price Drop
Initial Listing
Jul 18, 2026
$1,125,000
Initial Listing
Jan 26, 2026
$710,000
Public Record