
Monterey Park, California 91754
This Turnkey Single-Family Residence is a Prime Investment Opportunity, listed at $988,000—positioned well below the $1,012,000 Fair Market Value by 2%. This valuation gap offers $24,000 in Instant Equity. Featuring a Condition Rating of 2, the home includes a Granite Kitchen, new copper plumbing, and a flexible loft. Located in the Alhambra School District, this property offers a walkable lifestyle near local amenities. It is an ideal acquisition for Owner-Occupants seeking a move-in ready home or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 417 W Emerson Subject | $988,000* List Price | 2 | 2 | 1,055 | $959 | - |
A 417 W Emerson Active | $1,088,000 List Price | 2 | 2 | 1,055 | $1,031 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1940, the property has undergone a comprehensive recent renovation. It features a new electrical panel, new copper plumbing, a new sewer line, and a new central HVAC system plus mini-splits. The interior is in mint condition with new wood flooring and a modern updated kitchen with granite countertops.
The property features significant capital improvements including a new electrical panel, copper plumbing, a new sewer line, and a multi-zone HVAC system, significantly reducing future maintenance concerns for the buyer.
Ideally situated in a desirable Monterey Park neighborhood, the home offers exceptional convenience with its proximity to the Senior Center and walking distance to local shops and restaurants.
The residence boasts a fully renovated kitchen with granite countertops and wood flooring throughout, complemented by a flexible loft space that offers the potential for a third bedroom conversion.
At 1,055 square feet, the interior living space is relatively small, which may be a limiting factor for growing families or those requiring larger communal areas.
The 4,076 square foot lot provides a very modest outdoor footprint, offering limited space for gardening, expansion, or extensive outdoor recreation compared to larger suburban parcels.
Welcome to your opportunity to own a home in one of Monterey Park’s most desirable neighborhoods! Ideally located across from the Senior Center and within walking distance of shops and restaurants, this charming, privately gated single-story residence has been beautifully renovated throughout. This home features 2 bedrooms and 2 bathrooms (there is a loft area that can be converted into a 3rd bedroom), along with numerous upgrades including a new electrical panel, new copper plumbing, new sewer line, and central air and heat complemented by two additional mini-split AC units—one in each bedroom. Enjoy new wood flooring throughout, a tastefully updated kitchen with granite countertops, a specialty high-heat cooking stove, and ample cabinetry for storage. Step outside to your cozy backyard retreat, complete with a covered patio area—perfect for entertaining or simply relaxing in privacy. Don’t miss this wonderful opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 14% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,055 | 1,466 | 19% |
| Lot Size | 4,076 | 7,054 | 2% |
| Price | $988.0K | $968.0K | 58% |
| Price per sq ft | $936 | $664 | 95% |
| Built year | 1940 | 1951 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 130 | 2% |
May 23, 2026
$988,000
Initial Listing