
Monterey Park, California 91754
This property presents a Strong Value Opportunity with a List Price of $685,000—positioned well above the $632,968 Fair Market Value by -8%. As a Cosmetic Fixer with a Condition Rating of 5, this asset requires strategic capital allocation to modernize its 1949 floor plan. Located within the reputable Alhambra High School District, the home offers significant potential for forced appreciation through interior renovation. This project is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking to build equity in a high-demand market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 325 W Markland Drive W Subject | $685,000 | 3 | 1 | 1,067 | $593 | - |
A 2432 Hendricks Sold | $670,000 | 3 | 1 | 1,009 | $664 | 0.2 mi |
B 211 W Markland Dr Sold | $760,000 | 3 | 1 | 1,233 | $616 | 0.2 mi |
C 532 W Gleason Street Sold | $885,000 | 3 | 2 | 1,420 | $623 | 0.3 mi |
D 608 W Markland Active | $740,000 List Price | 3 | 1 | 1,026 | $721 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1949 (75+ years old) and explicitly described as a 'cosmetic fixer,' the property likely retains original or severely outdated systems, kitchen, and bath that require significant rehabilitation to meet modern standards.
Priced competitively for Monterey Park, this property offers a rare entry-level opportunity for buyers or investors looking to build equity in a high-demand market.
Situated in the desirable Monterey Park area and served by the reputable Alhambra High School District, the property benefits from strong long-term value and community appeal.
As a cosmetic fixer, the home provides a blank canvas for buyers to modernize the interior to their personal taste while potentially increasing the property's market value.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property is identified as a cosmetic fixer, requiring immediate additional capital and effort for renovations to bring it up to modern living standards.
With only one bathroom serving three bedrooms, the layout may be restrictive for modern families and could impact the home's overall functionality and resale appeal.
This 2 Bedroom 1 Bath Home consist of 1067 Square Feet of Living space, sits on a 5250 square foot Lot..........This Home is a Cosmetic Fixer, with just a touch of imagination can become your Dream Home.......
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 21% |
| Square foot | 1,067 | 1,466 | 21% |
| Lot Size | 5,250 | 7,054 | 9% |
| Price | $685.0K | $940.0K | 9% |
| Price per sq ft | $642 | $652 | 47% |
| Built year | 1949 | 1951 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 128 | 5% |
May 13, 2026
$685,000
Initial Listing
May 14, 2007
$500,000
Public Record