
Monterey Park, California 91754
This 55+ Senior Condominium is a Strong Value Opportunity, listed at $399,999—positioned well below the $400,745 Fair Market Value by 0.19%. This property offers $746 in Instant Equity. Featuring a Good Condition Rating, this 3rd-floor corner unit includes a private balcony, in-unit laundry, and subterranean parking. Its prime location provides exceptional walkability to medical centers and parks. This residence is an ideal acquisition for active seniors or downsizing owner-occupants seeking a secure, low-maintenance lifestyle in Monterey Park.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 411 S Garfield Subject | $399,999* List Price | 1 | 1 | 721 | $556 | - |
A 421 S Garfield Sold | $389,000 | 1 | 1 | 678 | $574 | 0.0 mi |
B 421 S Garfield 79 Sold | $510,000 | 2 | 2 | 979 | $521 | 0.0 mi |
C 918 W Garvey Avenue 103 Sold | $456,000 | 2 | 2 | 829 | $550 | 0.8 mi |
D 111 Marguerita Avenue 102 Sold | $359,000 | 1 | 1 | 554 | $648 | 0.9 mi |
E 111 Marguerita Sold | $400,000 | 2 | 2 | 793 | $504 | 0.9 mi |
F 918 W Garvey Avenue 315 Sold | $443,000 | 2 | 2 | 831 | $533 | 0.8 mi |
G 918 W Garvey Avenue 318 Sold | $352,100 | 1 | 1 | 582 | $605 | 0.8 mi |
H 411 S Garfield Avenue 30 Active | $390,000 List Price | 1 | 1 | 721 | $541 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, the property is 19 years old, placing it squarely in the 'Good' category. The unit appears well-maintained and move-in ready with functional original kitchen cabinetry, updated stainless steel appliances, and modern laminate flooring. Systems and common areas appear consistent with a mid-2000s build.
Situated in the heart of Monterey Park, this property offers exceptional walkability to Barnes Park, Garfield Medical Center, the library, and diverse dining options, ideal for active seniors.
As a 3rd-floor corner unit built in 2007, the home features increased natural light, a private balcony, and the highly sought-after convenience of in-unit laundry hookups.
With a monthly HOA fee of just $185, the property provides affordable carrying costs while maintaining essential amenities like gated security, elevator access, and subterranean parking.
The 55+ age requirement limits the potential buyer pool to a specific demographic, which can impact the speed of resale compared to non-restricted residential units.
At 721 square feet, the one-bedroom layout may feel restrictive for buyers transitioning from larger family homes or those requiring additional space for a home office or guests.
Welcome to Villa Garfield, a highly desirable 55+ gated senior community located in the prime heart of Monterey Park. This bright and airy 3rd-floor corner unit offers 721 sq. ft. of comfortable living space featuring 1 bedroom and 1 bathroom. The functional layout includes an inviting living room with a private balcony, a well-proportioned kitchen, a spacious bedroom with a walk-in closet, and the convenience of in-unit laundry hookups. Community amenities include gated security, elevator access, assigned subterranean parking, and a community recreation room. Enjoy an unbeatable central location—walking distance to Barnes Park, Monterey Park Library, Garfield Medical Center, local markets, and dining. Excellent access to major freeways. (At least one occupant must be 55+ years old. Buyer to verify all HOA rules, restrictions, permits, and square footage).
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.3 |
| Baths | 1.0 | 2.7 |
| Square foot | 721 | 1,214.545 |
| Lot Size | 66,944 | 27,516 |
| Price | $400.0K | $588.3K |
| Price per sq ft | $555 | $527 |
| Built year | 2007 | 1987 |
| HOA | $185.0 | $231 |
| Days on market | 29 | 61 |
Aug 11, 2026
$399,999
Initial Listing
Sep 9, 2015
$270,000
Public Record