2393 Gladmar, Monterey Park, California 91754, Monterey Park, 91754 - 3 bed, 1 bath
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Monterey Park, California 91754
This property presents a High-Potential Investment Opportunity with a List Price of $795,000—positioned well below the $733,254 Fair Market Value by -8%. While the property is currently priced above market, its 6,031 sqft lot and Alhambra High School District location offer significant long-term upside. With a Condition Rating of 5, the home requires a full rehab, making it a prime candidate for value-add strategies. This is an ideal acquisition for Buy-and-Hold Investors or Contractors capable of modernizing the dated 1944 infrastructure.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2393 Gladmar Subject | $795,000* List Price | 3 | 1 | 999 | $734 | - |
A 608 W Markland Sold | $700,000 | 3 | 1 | 1,026 | $682 | 0.5 mi |
B 325 W Markland Drive W Sold | $685,000 | 3 | 1 | 1,067 | $642 | 0.8 mi |
C 2432 Hendricks Sold | $670,000 | 3 | 1 | 1,009 | $664 | 0.7 mi |
D 1530 Lunar Sold | $1,000,886 | 3 | 2 | 1,388 | $721 | 0.6 mi |
E 1942 S Mcpherrin Avenue Active | $890,000 List Price | 3 | 1 | 1,122 | $793 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1944 (80 years old) with no mentioned renovations, the property is marketed as having 'a lot of potentials,' a common indicator that the original kitchen, bath, and systems require a full rehab to meet modern safety and functional standards.
The generous 6,031 sqft lot provides significant opportunity for expansion or the addition of an ADU, perfectly aligning with the 'lot of potentials' description for investors or growing families.
Situated in the desirable Monterey Park area and within the reputable Alhambra High School District, the property offers strong long-term appreciation and educational appeal.
Priced at $795,000, this listing represents a competitive entry-level price for a detached single-family residence in a high-demand Southern California submarket.
Built in 1944 and marketed as having 'potential,' the home likely requires substantial capital investment for modernization, repairs, and system upgrades.
With only 999 square feet of living space and a single bathroom serving three bedrooms, the current floor plan is undersized and may feel cramped for modern family standards.
Single Family Home with a lot of potentials
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 999 | 1,756 |
| Lot Size | 6,031 | 8,385 |
| Price | $795.0K | $960.9K |
| Price per sq ft | $796 | $659 |
| Built year | 1944 | 1958 |
| HOA | $0 | $228 |
| Days on market | 14 | 43 |
Jul 8, 2026
$795,000
Initial Listing