
Monterey Park, California 91755
This Large-Lot Residential Property is a Prime Investment Opportunity, listed at $999,900—positioned well below the $1,049,000 Fair Market Value by 4%. This valuation gap provides $49,100 in Instant Equity. While maintaining a Condition Rating of 4, the home features central HVAC, a patio, and a massive 16,251 sq ft lot with immense ADU potential. Located in the Alhambra High School District, it balances functional comfort with significant long-term upside in a strong Monterey Park market. This is an ideal acquisition for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 273 Starbird Drive Subject | $999,900* List Price | 3 | 2 | 1,874 | $560 | - |
A 224 Ransom Way Sold | $1,115,000 | 3 | 2 | 1,882 | $592 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, the home is well-maintained and functional but shows significant signs of age. While it benefits from updated central HVAC and preserved hardwood flooring, the kitchen and bathrooms feature dated cabinetry, vintage tile work, and older fixtures that do not meet modern 'excellent' or 'good' standards. It is move-in ready but requires cosmetic and functional updates throughout.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16251, living area = 1874.
The massive 16,251 sq ft lot is significantly larger than average for the area, offering immense potential for ADU construction, home expansion, or creating a private outdoor oasis.
Unlike many homes of this era, this residence features central heating and air conditioning, ensuring year-round comfort and saving the buyer the high cost of a future retrofit.
While the lot is expansive, its irregular shape may present challenges for certain types of development or landscaping compared to a standard rectangular parcel.
Built in 1955, the home may require cosmetic updates or system upgrades to meet modern aesthetic preferences, potentially necessitating additional immediate capital investment.
Situated on an expansive 16,251 sq ft lot, this charming 3-bedroom, 3-bath single-family residence offers a rare opportunity in one of Monterey Park's most desirable neighborhoods. Built in 1955, the home spans approximately 1,874 sq ft and features a classic layout with central heating and air conditioning for year-round comfort. The oversized, irregular lot provides exceptional potential for outdoor living, expansion, or future customization ideal for buyers seeking space, privacy, and long-term value. A welcoming porch and patio areas create a perfect setting for relaxing or entertaining. Close to shopping, dining, parks, and major commuter routes, this property combines neighborhood charm with everyday convenience. Whether you're looking to update, expand, or enjoy as-is, this home presents a unique opportunity to own a large-lot property in a strong Monterey Park market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,874 | 1,499 | 81% |
| Lot Size | 16,251 | 6,916 | 91% |
| Price | $999.9K | $933.0K | 59% |
| Price per sq ft | $534 | $639 | 25% |
| Built year | 1955 | 1954 | 59% |
| HOA | $0 | $0 | 50% |
| Days on market | 69 | 159 | 16% |
Mar 3, 2026
$999,900
$1,049,000
-5% Price Drop
Initial Listing
Feb 12, 2026
$1,049,000
Initial Listing
Sep 6, 2019
$743,000
Public Record
Jul 28, 2004
$502,000
Public Record
Mar 2, 1998
$209,000
Public Record