309 N Mcpherrin, Monterey Park, California 91754, Monterey Park, 91754 - 4 bed, 3 bath
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Monterey Park, California 91754
This property presents a High-Potential Investment Opportunity with a List Price of $1,280,000—positioned above the $1,172,277 Fair Market Value. While the property requires a full rehab due to its Condition Rating of 5, the 1924 structure offers a spacious 4-bedroom layout in the distinguished Alhambra School District. Zoned for Mark Keppel High School, the location provides significant long-term value for those willing to modernize the dated systems. This is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors seeking a value-add project in a prime Monterey Park location.
Property is extensive renovation needed.
The property is 100 years old with interior updates (flooring and bathroom vanities) that appear to be over 20-30 years old. The listing's 'As Is' status and refusal to provide a termite report or repairs, combined with visible deferred maintenance in the yard and dated systems, indicate the home likely requires a full rehab to address structural or safety concerns.
Situated in the heart of Monterey Park, the property offers exceptional walkability to parks, shopping, and the Langley Senior Center, with quick access to major freeways and Downtown LA.
The home is located within the highly-regarded Alhambra School District and is zoned for the distinguished Mark Keppel High School, a significant draw for families and long-term value.
Featuring 4 bedrooms and 3 bathrooms across nearly 1,900 square feet, the floor plan includes a large upstairs master suite and formal dining area, ideal for large families or investment purposes.
The property is being sold in its present physical condition with no seller repairs or termite clearance, necessitating a buyer prepared for potential immediate maintenance or renovation costs.
Originally built in 1924, the home's age may present challenges common to older properties, such as dated infrastructure or the need for modernization to meet contemporary standards.
This home is conveniently located in the heart of Monterey Park on a nice residential street with a nice floor plan with plenty of spaces. Convenient location next to Langley Senior Center. Walk to super market, parks, schools, transportation and shopping centers. Easy Access to 10, 710 and 60 Freeways. Minutes to Downtown LA. Great opportunity for investment or home for a large family. Lovely 4 bedrooms, 2-3/4 baths with large master suite upstairs. Spacious living room. Formal dining room. Kitchen with fridge, dishwasher, garbage disposal, range and washer/dryer. Central air & Heating System. 2-Car detached garage. The Property to be sold in "As Is" present physical condition. The Seller will not make any repairs nor provide termite report nor clearance. Great location with school in the Alhambra school district. Distinguished Mark Keppel High School.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,884 | 1,756 |
| Lot Size | 5,116 | 8,385 |
| Price | $1.28M | $960.9K |
| Price per sq ft | $679 | $659 |
| Built year | 1924 | 1958 |
| HOA | $0 | $228 |
| Days on market | 16 | 43 |
Jul 6, 2026
$1,280,000
Initial Listing
Dec 1, 2017
$728,000
Public Record
Oct 4, 2016
$628,000
Public Record