506 Pomelo Avenue C, Monterey Park, California 91755, Monterey Park, 91755 - 3 bed, 3 bath
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Monterey Park, California 91755
This Spacious Three-Story Condo represents a Strong Value Opportunity, listed at $695,000—positioned well above the $638,281 Fair Market Value by 8%. While the property requires modernization, its Condition Rating of 4 and functional layout provide a solid foundation for value-add renovations. Featuring an Attached Two-Car Garage and a private Patio, this home offers significant utility in the Alhambra High School District. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 506 Pomelo Avenue C Subject | $695,000* List Price | 3 | 3 | 1,397 | $457 | - |
A 527 S Orange B Sold | $660,000 | 3 | 3 | 1,534 | $430 | 0.3 mi |
B 432 N Lincoln Avenue C Sold | $650,000 | 4 | 3 | 1,340 | $485 | 1.0 mi |
C 225 N Rural Drive C Sold | $620,000 | 3 | 3 | 1,601 | $387 | 0.7 mi |
D 503 Sefton C Sold | $613,000 | 3 | 3 | 1,107 | $554 | 0.4 mi |
E 519 Sefton D Sold | $798,200 | 4 | 4 | 1,881 | $424 | 0.4 mi |
F 305 N Lincoln Active | $828,000 List Price | 4 | 3 | 1,560 | $531 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980, this property is over 40 years old and retains many original features. The kitchen is significantly dated with older cabinetry, a fluorescent light box, and white appliances. While the home appears well-maintained and functional in the staged photos, it requires cosmetic updates and likely system inspections due to its age.
With 3 bedrooms, 3 bathrooms, and nearly 1,400 square feet of living space, the three-story floor plan provides excellent privacy and a functional distribution of space for families.
The private, attached two-car garage offers secure parking and essential extra storage, which is a premium and highly desirable feature in this high-density area.
Located in the heart of Monterey Park near the Alhambra High School District, shopping, and dining, the property offers high convenience and strong long-term value retention.
The description suggests the home is ready for a new owner to 'make it their own,' implying that the 1980s interior likely requires cosmetic updates or modernization to meet current market standards.
The three-story configuration may be a drawback for buyers with mobility concerns or those who prefer a more accessible, single-level living experience.
Opportunity awaits in the heart of Monterey Park! This spacious 3-bedroom, 3-bathroom, three-story condo offers approximately 1,397 square feet of living space and is ready for a new owner to make it their own. Featuring a functional multi-level floor plan, this home provides plenty of room for comfortable living, with generously sized bedrooms and multiple bathrooms to accommodate family and guests. The attached two-car garage offers convenient parking and additional storage space—a valuable feature in this desirable area. Conveniently located near shopping, dining, parks, schools, and major transportation routes, this home offers easy access to everything Monterey Park has to offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,397 | 1,454 |
| Lot Size | 57,678 | 27,687 |
| Price | $695.0K | $603.0K |
| Price per sq ft | $497 | $531 |
| Built year | 1980 | 1991 |
| HOA | $280.0 | $210 |
| Days on market | 26 | 71 |
Jun 26, 2026
$695,000
Initial Listing