423 Pomelo, Monterey Park, California 91755, Monterey Park, 91755 - 4 bed, 3 bath
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Monterey Park, California 91755
This Value-Add Townhouse Opportunity is listed at $699,800, located in a prime Monterey Park neighborhood. While the $614,975 Fair Market Value indicates a listing premium, the property’s low $250 HOA fee and functional four-bedroom layout provide significant long-term utility. The Condition Rating of 5 highlights original 1986 finishes and popcorn ceilings, signaling a clear path for forced appreciation through interior modernization. Positioned within the Alhambra High School District with immediate freeway access, this asset is ideal for Value-Add Investors or Handy Owner-Occupants seeking a project in a stable, high-demand market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 423 Pomelo Subject | $699,800* List Price | 4 | 3 | 1,440 | $427 | - |
A 123 N Alhambra Avenue D Sold | $680,000 | 3 | 3 | 1,355 | $502 | 0.6 mi |
B 431 N Alhambra B Sold | $735,000 | 3 | 3 | 1,469 | $500 | 0.8 mi |
C 406 N Lincoln Avenue A Sold | $758,000 | 3 | 3 | 1,564 | $485 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1986 (38 years old) with original oak cabinetry and popcorn ceilings. The property exceeds the 30-year threshold without evidence of major renovations, featuring a dated kitchen and finishes that require significant modernization.
The property is situated in a highly convenient Monterey Park location with easy access to Freeways 10 and 60, schools, shopping centers, and public transportation.
A low monthly HOA fee of $250, which includes water and trash services, offers significant value and keeps monthly ownership costs manageable.
Featuring four bedrooms and a two-car attached garage, the layout is bright, airy, and well-suited for families needing multiple sleeping areas or a home office.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The listing indicates no views from the property, which may limit its appeal to buyers prioritizing aesthetic surroundings or natural vistas.
Built in 1986, the property may require updates to its original finishes and systems to compete with more modern or recently renovated units in the area.
Beautiful Townhouse Built in 1986, Featuring 4 Bedrooms,2.5 Bathroom, Den Use As Bedroom #4, 2 Car Attached Garage, Bright and Airy, Excellent Floor Plan, Super Convenience Location, Close to School, Shopping Center, Supermarket, Restaurants, Bus Stop, Easy Access To Freeway 10 and 60, Low HOA $250 Per Month Included Trash And Water
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 71% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,440 | 1,469 | 29% |
| Lot Size | 18,978 | 18,978 | 50% |
| Price | $699.8K | $748.0K | 29% |
| Price per sq ft | $486 | $502 | 29% |
| Built year | 1986 | 1982 | 57% |
| HOA | $250.0 | $245 | 57% |
| Days on market | 32 | 136 | 14% |
May 5, 2026
$699,800
Initial Listing
Jun 27, 2017
$550,000
Public Record
Feb 1, 2007
$415,000
Public Record
Jul 9, 2001
$188,500
Public Record