303 N Nicholson 312, Monterey Park, California 91755, Monterey Park, 91755 - 1 bed, 1 bath

303 N Nicholson 312
Monterey Park, California 91755
Property Price
SUMMARY
Analysis of 303 N Nicholson 312, Monterey Park, California 91755 is currently available with a list price of $450,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property, built in 2003, is 21 years old and appears to be in 'move-in condition' as stated, with central air/heating and laminate wood flooring. However, the kitchen features dated white appliances, light wood cabinets, and speckled countertops, while the bathroom has a basic vanity and tiled shower, all consistent with early 2000s construction. These areas are functional and well-maintained but show clear signs of being outdated in style and would benefit from minor updates to enhance aesthetic appeal and market value.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Mark Keppel High School (9/10).
- Desirable 55+ Community
The property is situated in a well-maintained 55+ senior living community, offering a specific lifestyle with no age restriction on the purchaser, only on at least one resident.
- End-Unit with Abundant Natural Light
As a desirable end-unit on the third floor, the residence benefits from an open, airy floor plan filled with natural light, enhancing its appeal and comfort.
CONSRISKS & DEFICIENCIES
- Resident Age Restriction
While purchasers have no age restriction, the requirement that at least one resident must be 55 years or older limits the potential occupant demographic, which could impact future resale or rental flexibility.
- Ongoing Association Fees
The property incurs a monthly association fee of $210, which is an additional recurring cost of ownership that potential buyers must factor into their budget.
- Limited Unit Size and Configuration
With 1 bedroom and 1 bathroom across 768 sqft, the unit's smaller size and configuration may not appeal to buyers seeking more expansive living spaces or additional rooms for guests or other uses.
About 303 N Nicholson 312
Luxurious senior living in a well-maintained 55+ community (no age restriction on purchaser; at least one resident must be 55 years or older). This desirable end-unit on the third floor offers an open and airy floor plan filled with natural light. The residence features a spacious primary bedroom with walk-in closet and is in move-in condition. Ideally located near Garfield Medical Center and Mark Keppel High School. The community amenities include a fully furnished lobby, lounge, and recreation room, mahjong room, reading room, and convenient trash chute. Additional highlights include one underground parking space, a secured storage area, and extensive landscaped grounds. This unit is equipped with central air and heating and laminated wood flooring in the living and dining areas, providing both comfort and style.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2003
- Lot Size
- 33,001 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $210.0 / Month
Neighborhood Insights
Monterey Park Unified Schools
Repetto Elementary School
Grades K-8 • 0.9 mi
Mark Keppel High School
Grades 9-12 • 0.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 20% |
| Baths | 1.0 | 3.0 | 20% |
| Square foot | 768 | 1,396 | 20% |
| Lot Size | 33,001 | 33,001 | 50% |
| Price | $450.0K | $720.0K | 20% |
| Price per sq ft | $586 | $522 | 80% |
| Built year | 2003 | 2003 | 50% |
| HOA | $210.0 | $210 | 50% |
| Days on market | 41 | 151 | 7% |
Pricing History
Listed for Sale
Jan 24, 2026
$450,000
Initial Listing
Sold
Nov 7, 2017
$340,000
Public Record
Sold
May 20, 2016
$330,000
Public Record
Sold
Feb 12, 2004
$245,000
Public Record
Sold
Nov 10, 2003
$192,000
Public Record





























