425 W Graves Ave, Monterey Park, California 91754, Monterey Park, 91754 - 5 bed, 6 bath
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Monterey Park, California 91754
This Multi-Generational Residential Asset is a Strong Value Opportunity, listed at $1,250,000—positioned above the $1,146,067 Fair Market Value. While priced at a premium, the property features a Condition Rating of 3, boasting a modern granite kitchen and updated bathrooms. The unique configuration, including a 2-bedroom converted garage, provides significant income-producing potential. With City Lights views and a prime location in the Alhambra High School District, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking flexible living arrangements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 425 W Graves Ave Subject | $1,199,990* List Price | 5 | 6 | 2,003 | $561 | - |
A 408 De La Fuente Street Sold | $980,000 | 3 | 2 | 1,830 | $536 | 0.4 mi |
B 303 S Moore Avenue Sold | $1,025,000 | 3 | 2 | 1,425 | $719 | 0.3 mi |
C 1176 W Mabel Sold | $1,115,000 | 4 | 3 | 2,514 | $444 | 0.8 mi |
D 1805 Cliffhill Sold | $930,000 | 3 | 2 | 1,936 | $480 | 0.9 mi |
E 311 Montechico Drive Sold | $1,250,000 | 4 | 3 | 2,679 | $467 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1938, the property has undergone significant renovations. The kitchen features modern cabinetry, granite countertops, and stainless steel appliances, while the bathrooms have been updated with contemporary floor-to-ceiling tile. The finishes suggest a renovation within the 5-15 year range, leaving the home in well-maintained, move-in ready condition.
With 5 bedrooms in the main house and a 2-bedroom converted garage, this property offers exceptional flexibility for high rental yield or large multi-generational families.
The home features a remodeled kitchen with granite countertops and updated bathrooms with floor-to-ceiling tile, providing a contemporary and move-in-ready aesthetic.
Situated in a sought-after Monterey Park neighborhood near key amenities, the primary suite also offers a private balcony with scenic city light views.
At approximately 2,003 square feet for 5+ bedrooms, the interior living spaces and individual room sizes may feel constrained or lack sufficient common area proportions.
The converted garage used as additional living space may present challenges regarding building code compliance or legal rental status depending on local permit history.
Welcome to this spacious and versatile home located in a desirable neighborhood of Monterey Park. Featuring 5 bedrooms and 5.5 bathrooms, this property offers an excellent opportunity for multi-generational living or income-producing potential. As you enter, you are greeted by a bright and inviting living room filled with natural light, seamlessly connected to the dining area. The upgraded kitchen features elegant cabinetry, granite countertops, a center island and a cozy breakfast nook, offering both style and functionality. Additional interior highlights include tile flooring, recessed lighting, and hardwood floors in three bedrooms. Bathrooms have been tastefully updated with floor-to-ceiling tile finishes. Upstairs offers three private suites, each with it's own bathrooms, providing privacy. The spacious primary suite features a private balcony with scenic views, creating the perfect retreat. Downstairs includes two additional bedrooms, two bathrooms, and large bonus room with the potential to serve as a 6th bedroom. The property offer excellent rental income potential. In addition to the main residence, the converted garage features 2 bedrooms and 1 bathroom, providing additional for extended family, guests, or potential rental use. Conveniently located near Monterey Park City Hall, park, school, supermarkets, restaurants, and transportation routes. This unique property combines comfortable living, flexibility, and outstanding investment potential in one of Monterey Park's most sought-after neighborhoods. Come see all the possibilities this exceptional Monterey Park property has to offer!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 6.0 | 2.0 |
| Square foot | 2,003 | 1,756 |
| Lot Size | 5,582 | 8,385 |
| Price | $1.20M | $960.9K |
| Price per sq ft | $599 | $659 |
| Built year | 1938 | 1958 |
| HOA | $0 | $228 |
| Days on market | 42 | 43 |
Jul 3, 2026
$1,199,990
$1,250,000
-4% Price Drop
Initial Listing
Jun 10, 2026
$1,250,000
Initial Listing
Jun 30, 2015
$550,000
Public Record
Jan 26, 2009
$4,500
Public Record