273 Starbird Drive, Monterey Park, California 91755, Monterey Park, 91755 - 3 bed, 2 bath
273 Starbird Drive
Monterey Park, California 91755
Property Price
SUMMARY
Analysis of 273 Starbird Drive, Monterey Park, California 91755 reveals a Prime Investment Opportunity with a current list price of $999,900—significantly undercutting the $1,049,000 Fair Market Value by 4%. This valuation gap indicates a +$49,100 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property is a well-maintained 1955 residence that appears functional but significantly dated. While it benefits from central heating and air conditioning, the interior features original or older-style wood cabinetry, tile countertops, and vintage bathroom fixtures. The flooring and light fixtures show their age, and the overall aesthetic requires modernization to meet current market standards. It is livable 'as-is' but fits the criteria for Fair condition due to the age of major cosmetic and functional components.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
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.
- Expansive Lot Size
The massive 16,251 sq ft lot is a rare find in Monterey Park, providing exceptional privacy and significant potential for ADU development or home expansion.
- Prime Location
Located in a highly desirable neighborhood close to major commuter routes, shopping, and dining, this property offers both convenience and strong long-term investment value.
CONSRISKS & DEFICIENCIES
- Dated Aesthetic
Built in 1955, the home likely requires cosmetic modernization and updates to appeal to buyers seeking a contemporary interior design.
- Irregular Lot Shape
The irregular configuration of the oversized lot may complicate future construction plans or landscaping projects compared to a traditional rectangular parcel.
About 273 Starbird Drive
Situated on an expansive 16,251 sq ft lot, this charming 3-bedroom, 2-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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 16,251 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,874 | 1,546.5 | 77% |
| Lot Size | 16,251 | 7,307 | 87% |
| Price | $999.9K | $971.5K | 53% |
| Price per sq ft | $534 | $639 | 20% |
| Built year | 1955 | 1953 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 164 | 3% |
Pricing History
Listed for Sale
Mar 3, 2026
$999,900
$1,049,000
-5% Price Drop
Initial Listing
Price Change
Feb 12, 2026
$1,049,000
Initial Listing
Sold
Sep 6, 2019
$743,000
Public Record
Sold
Jul 28, 2004
$502,000
Public Record
Sold
Mar 2, 1998
$209,000
Public Record