
Monterey Park, California 91755
This Residential Income Duplex represents a Strong Value Opportunity, listed at $1,199,990—positioned well below the $1,202,682 Fair Market Value by 0.22%. Featuring a Condition Rating of 3, this property offers Modernized Interiors including Granite Kitchens and R2 Zoning on a spacious 7,850 sqft lot. Its strategic location near Mark Keppel High School ensures consistent rental demand. This asset is an ideal acquisition for Buy-and-Hold Investors seeking stable cash flow or Owner-Occupants looking to offset mortgage costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 423 Florence Ave Subject | $1,199,990* List Price | 4 | 4 | 2,316 | $519 | - |
A 124 Elizabeth Sold | $1,050,000 | 2 | 1 | 1,690 | $621 | 0.3 mi |
B 351 S Lincoln Sold | $1,120,000 | 0 | 0 | 2,590 | $432 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1936, the property has undergone significant renovations within the 5-15 year range. Updates include dual-pane windows, recessed lighting, laminate flooring, and mini-split HVAC systems. Kitchens feature granite countertops and functional cabinetry, while bathrooms have been modernized with newer vanities and tile work, making it move-in ready.
The property features a large 7,850 sqft lot zoned R2 with two distinct units, providing excellent opportunities for multi-generational living or significant rental income potential.
Both units are well-maintained with contemporary finishes including granite countertops, recessed lighting, dual-pane windows, and a spacious 3-bedroom back unit featuring two en-suites.
Situated in a highly desirable Monterey Park neighborhood near top-rated Mark Keppel High School, local parks, shopping, and convenient 10 Freeway access.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
Originally built in 1936, the property may require ongoing maintenance or updates to aging structural systems despite recent cosmetic improvements.
The property lacks any significant views, which may be a disadvantage for buyers seeking the elevated vistas common in other parts of Monterey Park.
Prime Monterey Park Duplex in Desirable Neighborhood! This well-maintained duplex is situated on a spacious 7,850 square feet. lot in an R2-zoned neighborhood, offering excellent flexibility and investment potential. The front unit features approximately 800 square feet, with 1 bedroom and 1 full bathroom, providing a surprisingly spacious living area. The back unit offers approximately 1,516 square feet, featuring 3 bedrooms and 3 full bathrooms, including two bedrooms with their own private bathrooms. The back unit has been freshly painted, creating a bright and inviting living environment. Both units feature recessed lighting, dual-pane windows, laminate flooring, and kitchens with granite countertops. The property also includes an attached 2-car garage, two house numbers, two electric meters, two gas meters and one water meter. Conveniently located near Mark Keppel High School, parks, shopping, dining, and the 10 Freeway. A rare opportunity to own a well-maintained duplex in a desirable Monterey Park location!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.0 |
| Baths | 4.0 | 1.0 |
| Square foot | 2,316 | 2,780 |
| Lot Size | 7,850 | 8,337.6 |
| Price | $1.20M | $1.20M |
| Price per sq ft | $518 | $527 |
| Built year | 1936 | 1956 |
| HOA | $0 | $0 |
| Days on market | 27 | 78 |
Aug 13, 2026
$1,199,990
Initial Listing
Jul 2, 2013
$670,000
Public Record
Dec 22, 2004
$38,000
Public Record
Jun 14, 2002
$223,000
Public Record