
Monterey Park, California 91754
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $889,000—positioned well below the $917,475 Fair Market Value by 3%. This valuation gap offers $28,475 in Instant Equity for buyers. Featuring a Condition Rating of 4, the home offers a solid foundation with original 1920s charm, though it requires modernization. The 7,806 sqft corner lot provides significant potential for an ADU. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 303 S Moore Avenue Subject | $889,000* List Price | 3 | 2 | 1,425 | $644 | - |
A 408 De La Fuente Street Sold | $980,000 | 3 | 2 | 1,830 | $536 | 0.3 mi |
B 259 Fremont Avenue Sold | $700,000 | 3 | 2 | 1,457 | $480 | 0.6 mi |
C 1004 S Grandridge Sold | $940,000 | 3 | 2 | 1,755 | $536 | 0.7 mi |
D 201 N Baltimore Pending | $699,000 List Price | 3 | 2 | 1,032 | $677 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1923, this home is described as immaculately maintained but is significantly dated. The bathroom features vintage pink tiling and older cabinetry, and the laundry area contains older appliances, indicating renovations are likely 30+ years old. While functional and move-in ready, the property requires cosmetic updates and likely modernization of core systems to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7806, living area = 1425.
The property features a generous 7,806 sqft corner lot with side-street driveway access, offering excellent privacy and significant potential for an ADU or future expansion.
Offered for the first time in two generations, this immaculately maintained home preserves its 1920s charm with original hardwood floors and quality construction.
Given the 1923 construction date, the property may require modernization of its electrical, plumbing, or insulation systems to align with contemporary standards.
The detached one-car garage may be insufficient for a three-bedroom residence, potentially posing a challenge for multi-vehicle households.
Pride of ownership is evident throughout this beautifully maintained, quality-built 1923 California bungalow with Craftsman details, offered for sale for the first time in three generations. Situated on an expansive corner lot, this spacious single-level 3-bedroom, 1.5-bath residence blends authentic period charm with comfortable everyday living. As you enter the gated front yard, a wide shaded front porch welcomes you into a warm and inviting interior filled with natural light. The generous living/dining room features large picture windows, original hardwood floors, built-in cabinetry, vintage glass doorknobs, decorative door lintels, and a classic brick fireplace with a traditional mantel. The bright kitchen offers abundant cabinetry, impeccably preserved vintage tile countertops with a distinctive red accent trim, and charming period details including original bread drawers and a built-in ventilated cooling cabinet with mesh shelving. The thoughtfully designed floor plan includes a spacious primary bedroom with an entire wall of closet space and an adjoining half bath. The second bedroom is filled with natural light from multiple windows, while the third bedroom is privately situated at the end of the hallway. The oversized full hallway bathroom offers generous counter space, abundant storage, and a tub/shower combination. Adjacent to the kitchen, the separate laundry room/pantry provide additional storage and convenient access to the backyard. The outdoor spaces are equally inviting as the interior, with a covered rear patio ideal for dining, entertaining, relaxing, or recreation. The expansive backyard showcases mature drought-tolerant landscaping, concrete parking pads accommodating up to four additional vehicles, a detached one-car garage, and a separate storage shed. The oversized lot presents excellent possibilities for future expansion or a potential ADU (buyer to verify with city). Side-street driveway access offers flexibility for additional entry options or future ADU access. Conveniently located within walking distance to Barnes Park and just minutes from the 10, 710, and 60 freeways, and a short drive to downtown Alhambra and Valley Boulevard, this rare property offers historic character, exceptional care, and outstanding potential in one of the Monterey Park’s established neighborhoods.
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 | 1,425 | 1,445.5 | 50% |
| Lot Size | 7,806 | 7,322 | 59% |
| Price | $889.0K | $954.0K | 34% |
| Price per sq ft | $624 | $678 | 39% |
| Built year | 1923 | 1952 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 135 | 2% |
May 12, 2026
$889,000
Initial Listing