
Monterey Park, California 91754
This 1-bedroom condominium represents a Strong Value Opportunity, listed at $390,000—positioned well below the $395,471 Fair Market Value by 1%. This valuation gap offers $5,471 in Instant Equity for the buyer. Featuring a Good Condition Rating and modern amenities like an in-unit washer/dryer and private balcony, the home offers a low-maintenance lifestyle. Located in a gated 55+ community near the Garvey Avenue dining district, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, well-located residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 411 S Garfield Avenue 30 Subject | $390,000* List Price | 1 | 1 | 721 | $549 | - |
A 421 S Garfield Sold | $389,000 | 1 | 1 | 678 | $574 | 0.0 mi |
B 918 W Garvey Avenue 103 Sold | $456,000 | 2 | 2 | 829 | $550 | 0.8 mi |
C 111 Marguerita Avenue 102 Sold | $359,000 | 1 | 1 | 554 | $648 | 0.9 mi |
D 111 Marguerita Sold | $400,000 | 2 | 2 | 793 | $504 | 0.9 mi |
E 918 W Garvey Avenue 318 Sold | $352,100 | 1 | 1 | 582 | $605 | 0.8 mi |
F 918 W Garvey Avenue 315 Sold | $443,000 | 2 | 2 | 831 | $533 | 0.8 mi |
G 411 S Garfield Active | $399,999 List Price | 1 | 1 | 721 | $555 | 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 firmly in the 'Good' category. The interior is well-maintained and move-in ready, featuring a clean bathroom with a modern vanity and stone countertop, tiled flooring, and functional systems consistent with its age.
Situated in the heart of Monterey Park, the property offers exceptional walkability to medical centers, Barnes Park, and the renowned Garvey Avenue dining and shopping district.
Built in 2007, this unit features contemporary conveniences including an in-unit stackable washer and dryer, elevator access, and secure gated subterranean parking.
The monthly HOA fee of $210 is notably low for the area, providing an affordable cost of living for seniors or a cost-effective option for buyers.
The requirement that at least one occupant must be 55 or older significantly limits the potential pool of residents and may impact future resale liquidity.
With only 721 square feet and a single bedroom, the property offers limited versatility for those needing extra space for a home office or overnight guests.
Welcome to this charming second-floor condo in a gated 55+ senior community in the heart of Monterey Park. This 1-bedroom, 1-bathroom home offers 721 sq. ft. of comfortable living with an open living and dining area, a private balcony, and an in-unit stackable washer and dryer. Community amenities include elevator access, one assigned subterranean parking space, a recreation room, and a peaceful outdoor seating area. Ideally located just minutes from Barnes Park, Bruggemeyer Library, Garfield Medical Center, Monterey Park Hospital, the Police and Fire Departments, Atlantic Times Square, neighborhood shopping, supermarkets, and the vibrant Garvey Avenue dining district renowned for its exceptional Asian cuisine. Enjoy convenient access to the I-10, SR-60, and I-710 Freeways for an easy commute. **NO AGE RESTRICTIONS APPLY TO THE BUYER. HOWEVER, AT LEAST ONE OCCUPANT MUST BE 55 YEARS OF AGE OR OLDER.**
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 | $390.0K | $588.3K |
| Price per sq ft | $541 | $527 |
| Built year | 2007 | 1987 |
| HOA | $210.0 | $231 |
| Days on market | 41 | 61 |
Jul 30, 2026
$390,000
Initial Listing
Dec 15, 2022
$390,000
Public Record
Jan 18, 2019
$315,000
Public Record
Oct 3, 2007
$258,500
Public Record