301 E. Riggin, Monterey Park, California 91755, Monterey Park, 91755 - 4 bed, 3 bath
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Monterey Park, California 91755
This Fully Renovated Multi-Generational Home is a Strong Value Opportunity, listed at $929,000—positioned below the $945,173 Fair Market Value by 1%. This valuation gap provides $16,173 in Instant Equity. Boasting a Condition Score of 2, the property features high-end upgrades including a Tesla charger, 14-panel solar system, and new utility systems. The unique layout includes a permitted suite with a separate entrance, offering significant rental income potential. Located in the Montebello Unified district with easy DTLA access, this turnkey asset is perfect for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 301 E. Riggin Subject | $890,000* List Price | 4 | 3 | 1,296 | $687 | - |
A 2300 Fulton Avenue Sold | $850,000 | 3 | 2 | 1,184 | $718 | 0.3 mi |
B 305 Bluffdale Sold | $882,000 | 3 | 2 | 1,156 | $763 | 0.1 mi |
C 125 E Arlight Sold | $897,000 | 3 | 2 | 1,284 | $699 | 0.2 mi |
D 1963 Lupine Avenue Sold | $880,000 | 3 | 2 | 1,493 | $589 | 0.3 mi |
E 312 E Gleason Street Sold | $916,000 | 3 | 2 | 1,350 | $679 | 0.2 mi |
F 695 695 Taft Court Sold | $1,080,000 | 3 | 2 | 1,678 | $644 | 1.0 mi |
G 1947 Palm Active | $1,090,000 List Price | 4 | 3 | 1,813 | $601 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has been fully renovated within the last year, featuring brand-new electrical, plumbing, and piping systems. The interior boasts a modern kitchen with updated cabinetry and stainless steel appliances, contemporary bathrooms, new flooring, and recessed lighting throughout. Additionally, high-end energy-efficient upgrades such as a 14-panel solar system and a Tesla charger align with the highest quality standards for a recently renovated home.
The property is fully renovated with new plumbing, piping, and electrical systems, and includes high-value green features such as a 14-panel solar system and a Tesla charger.
The permitted 4-bedroom layout includes a 1-bedroom, 1-bathroom suite with a separate entrance, providing an ideal setup for rental income or multi-generational living.
Centrally located with rapid access to the 10, 60, and 710 freeways, the home is minutes away from major retail hubs like Costco and 99 Ranch Market, offering a convenient commute to Downtown LA.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property was recently sold within the past year on 2025-04-30. The sold price is $715,000.00. The property was recently sold within the past year on 2025-04-29. The sold price is $700,000.00.
With 4 bedrooms and 3 bathrooms squeezed into 1,296 square feet, the individual room sizes and common living areas may feel significantly cramped for some buyers.
Call all Investors! A true cash flow rental investment property! Current rent is $4800 per month. Very good tenants, long term. Start collecting rent right away after close escrow. Beautifully fully renovated 4 bedrooms and 3 bathrooms home located in a highly desirable and convenient area of Monterey Park. New plumbing, piping, new electrical. Permitted conversion to 4 bedrooms and 3 baths, make it more functional for comfortable living. 1 bedroom and 1 bath has separate entrance. Tesla Charger and laundry are in the garage. 14 panel solar, energy efficient. Prime Location – Easy Access to 10, 60, 710 freeways. 6 mins to Costco, 11 mins to 99 ranch and Hawaii supermarkets. Easy and fast commute to downtown LA. Supermarkets, restaurants, shopping centers, banks, parks, and schools are just minutes away, providing true convenience and a vibrant community atmosphere.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 66% |
| Baths | 3.0 | 2.0 | 75% |
| Square foot | 1,296 | 1,482 | 28% |
| Lot Size | 6,879 | 6,850 | 50% |
| Price | $890.0K | $908.0K | 41% |
| Price per sq ft | $687 | $645 | 63% |
| Built year | 1948 | 1953 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 96 | 159 | 34% |
Apr 18, 2026
$890,000
$870,000
+2% Price Increase
Initial Listing
Apr 10, 2026
$870,000
$899,000
-3% Price Drop
Initial Listing
Mar 26, 2026
$899,000
$929,000
-3% Price Drop
Initial Listing
Feb 27, 2026
$929,000
$938,000
-1% Price Drop
Initial Listing
Feb 20, 2026
$938,000
$950,000
-1% Price Drop
Initial Listing
Jan 16, 2026
$950,000
Initial Listing
Apr 30, 2025
$715,000
Public Record
Apr 29, 2025
$700,000
Public Record