417 E Emerson Avenue, Monterey Park, California 91755, Monterey Park, 91755 - 3 bed, 3 bath
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Monterey Park, California 91755
This Versatile R2-Zoned Residential Asset is listed at $1,088,000, representing a strategic acquisition in a high-demand pocket of Monterey Park. While the $975,213 Fair Market Value reflects its current Condition Rating of 4, the property offers significant long-term upside via its 6,844 sq. ft. R2 lot. Key features include a granite kitchen, permitted patio, and a private fruit orchard within the Alameda City Unified district near Mark Keppel High School. This property is an ideal match for Developers or Value-Add Investors seeking to capitalize on ADU potential and density-driven appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 417 E Emerson Avenue Subject | $1,088,000* List Price | 3 | 3 | 1,628 | $599 | - |
A 333 N Alhambra Sold | $950,000 | 3 | 2 | 1,728 | $550 | 0.1 mi |
B 220 E Hellman Active | $1,089,000 List Price | 3 | 2 | 1,469 | $741 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1922 property is well-maintained and move-in ready, but it shows signs of its age through a choppy, non-traditional layout and a mix of updated and dated features. While the main kitchen has been updated with granite countertops and stainless steel appliances, other areas—such as the secondary kitchen/laundry space with older tile counters and the basic bathroom vanities—remain dated. The inclusion of unpermitted garage conversions and visible wall heaters, despite the addition of some modern mini-split AC units and double-paned windows, aligns with the 'fair' condition criteria for an aged home with partial updates.
The property is situated on a generous 6,842 sq. ft. R2 zoned lot, offering significant upside for developers or investors to add a second unit or ADU.
The floor plan provides exceptional flexibility with a master suite, a large permitted patio for gatherings, and multiple bonus rooms suitable for home offices or studios.
Located minutes from Mark Keppel High School and the 10 Freeway, the home features a lush private orchard with a wide variety of mature fruit trees.
The garage conversion into two functional rooms is unpermitted, which may pose challenges for financing, appraisals, or future city compliance.
The modification of an original bedroom into two separate spaces and the age of the 1922 structure may result in a choppy layout that requires modernization.
Location meets potential! This rare Monterey Park gem offers incredible flexibility and opportunity. The house feathers 3 bedrooms and 3 bathrooms across 1628 sf, complemented by several newly installed double paned windows. Its versatile floor plan includes multiple bonus spaces. Upon entry, you’re welcomed by a spacious living room that connects to a formal dining area. The large master suite includes a private en-suite bathroom, while a second bedroom sits conveniently next to a full bath. The kitchen finished with granite countertops, opens to a cozy family room. One of the original bedrooms has been thoughtfully divided into two separate spaces, each equipped with its own mini-split AC unit. The converted garage provides two additional functional rooms (both with mini-split ACs, unpermitted), adding even more flexibility for a home office, studio, or hobby area. Step outside to a large, permitted patio provides the perfect shaded setting for major family gatherings. Situated on a generous 6,842 sq. ft. R2 zoned lot, this property is a developer’s dream with \great potential for a second unit or ADU (Buyer to verify with City). The expansive backyard is a true private orchard, featuring a lush variety of mature fruit trees including guava, lemon, avocado, fig, pomegranate, loquat, passion fruit, citrus, grapes and more. This property is a standout choice for those seeking a spacious residence or a high upside investment. Enjoy living just minutes from Mark Keppel High School, vibrant shopping centers, popular restaurants, and local parks, all with seamless access to the 10 Freeway.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 75% |
| Square foot | 1,628 | 1,499 | 59% |
| Lot Size | 6,844 | 6,832.5 | 50% |
| Price | $1.09M | $933.0K | 72% |
| Price per sq ft | $668 | $645 | 59% |
| Built year | 1922 | 1953 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 159 | 3% |
Apr 7, 2026
$1,088,000
Initial Listing
Oct 30, 2015
$580,000
Public Record
May 26, 2004
$367,500
Public Record