2348 Bleakwood, Monterey Park, California 91754, Monterey Park, 91754 - 2 bed, 1 bath

2348 Bleakwood, Monterey Park, California 91754 home-pic-0

2348 Bleakwood

Monterey Park, California 91754

ACTIVE
CONDITION: POOR
2Beds
1Baths
1,125Sq Ft
5,993Lot Size

Property Price

LIST PRICE$669,888
EST. MARKET VALUE
$675,485

SUMMARY

Estimated Market Value

$675,485
Based on Realkey algorithm analyzing recent comparable sales in Monterey Park.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
2348 Bleakwood
Subject
$669,888*
List Price
211,125$600-
A
2432 Hendricks
Sold
$670,000311,009$6641.0 mi
B
604 W Hammel Street
Sold
$770,000311,104$6970.8 mi
C
2058 Vancouver Avenue
Sold
$860,000321,393$6170.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

Built in 1950, this property is explicitly marketed as a 'fixer-upper' requiring substantial renovation and capital investment. Exterior images show significant deferred maintenance, including weathered paint and an aging roof, while the 'drive-by only' restriction and lack of interior photos suggest the interior likely requires a full gut-rehabilitation to address outdated systems and finishes.

PROSSTRENGTHS & OPPORTUNITIES

  • Value-Add Potential

    This property serves as a prime fixer-upper opportunity with significant upside for renovation, expansion, or repositioning to maximize market value.

  • Strategic Location

    Located in a high-demand area of Monterey Park, the home offers excellent proximity to schools, shopping, dining, and major commuter routes.

  • Generous Lot Size

    The nearly 6,000-square-foot lot provides ample front and rear yard space, offering potential for building an ADU or expanding the existing footprint.

CONSRISKS & DEFICIENCIES

  • Recently Sold Property

    The property was recently sold within the past year on 2025-10-09. The sold price is $475,000.00.

  • Limited Access & Occupancy

    The property is tenant-occupied with drive-by inspections only, which complicates the due diligence process and may delay renovation timelines.

  • Significant Renovation Required

    As a designated fixer-upper, the property will require substantial capital investment to address deferred maintenance and modernize the 1950s structure.

About 2348 Bleakwood

Prime Value-Add Opportunity in Monterey Park Attention investors — this is the type of opportunity you’ve been waiting for. Located in a desirable pocket of Monterey Park, this tenant-occupied fixer offers significant upside for the savvy buyer looking to add value and maximize returns. Featuring 2 bedrooms and 1 bathroom on a generous lot with both front and rear yard space, the property presents strong potential for renovation, expansion, or repositioning. Whether you’re looking to execute a strategic rehab and resale or secure a long-term buy-and-hold asset in a high-demand area, this property checks the boxes. Situated near schools, shopping, dining, and major commuter routes, the location supports strong rental demand and long-term appreciation potential. Serious investors only. Drive-by inspection only. Please do not disturb occupants.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1950
Lot Size
5,993 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
19%
Baths1.02.0
25%
Square foot1,1251,385.5
23%
Lot Size5,9937,252.5
31%
Price$669.9K$950.0K
4%
Price per sq ft$595$666
31%
Built year19501952
40%
HOA$0$0
50%
Days on market22157
4%

Pricing History

Listed for Sale

Feb 23, 2026

$669,888

$678,888

-1% Price Drop

Initial Listing

Price Change

Feb 12, 2026

$678,888

Initial Listing

Sold

Oct 9, 2025

$475,000

Public Record

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