
Monterey Park, California 91754
This Mid-Century Multi-Level Residence is a High-Potential Investment Opportunity with a List Price of $997,000—positioned well below the $1,118,888 Fair Market Value by 10%. This valuation gap offers $121,888 in Instant Equity for buyers. Currently in Fair Condition, the home features a versatile 1,911 sqft interior and a massive 11,379 sqft lot with hillside views. Located in the elite Brightwood School District, the property’s location and size ensure long-term appreciation. This is a strategic acquisition for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 510 Hermosa Vista Subject | $997,000* List Price | 3 | 3 | 1,911 | $585 | - |
A 1004 S Grandridge Sold | $940,000 | 3 | 2 | 1,755 | $536 | 0.6 mi |
B 408 De La Fuente Street Sold | $980,000 | 3 | 2 | 1,830 | $536 | 0.2 mi |
C 824 De La Fuente Street Sold | $1,110,000 | 3 | 2 | 2,668 | $416 | 0.3 mi |
D 1515 Lunar Drive Active Under Contract | $900,000 List Price | 3 | 3 | 1,795 | $501 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1957, this mid-century home is well-maintained but shows significant signs of age. The kitchen features dated oak cabinetry and older fluorescent lighting, though it has some updated stainless steel appliances. While the interior is functional, the presence of caution tape on the outdoor deck indicates immediate safety or structural repairs are required, placing it firmly in the 'fair' category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11379, living area = 1911.
Situated in the highly desirable Brightwood neighborhood and school district, this home offers exceptional value through its proximity to top-rated schools and easy access to Downtown Los Angeles.
The property features a generous 11,379-square-foot lot with mature landscaping and a private balcony, providing a rare amount of outdoor space and privacy for the area.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11379, other record lot size in square feet = 11453.
Built in 1957, the property may require significant updates to its core systems and cosmetic finishes to align with contemporary buyer expectations and energy efficiency standards.
The multi-level architectural design may be a drawback for buyers with mobility concerns or those seeking a seamless, single-story living experience.
Home suited for Buyers comfortable with renovation. Mid-century style. Welcome to 510 Hermosa Vista-A Hidden Gem in the Desirable Brightwood Neighborhood of Monterey Park! Nestled in a serene and quiet setting, this unique multi-level home offers both character and comfort. Featuring 3 bedrooms and 3 bathrooms, the home boasts a thoughtfully designed layout ideal for both everyday living and entertaining. Enjoy a spacious living room with a private balcony overlooking the lush backyard, perfect for relaxing or hosting guests. The home also includes a formal dining room and a downstairs office, providing flexible space for work or additional living needs. Step outside to a beautifully landscaped backyard with mature trees, offering natural shade and a peaceful environment. It is ideal for picnics, gatherings, or weekend BBQs. Located within the highly regarded Brightwood School District, and conveniently close to Downtown Los Angeles, shopping, dining, schools, and parks, this home combines tranquility with accessibility. Designed by Smith and Willams home design.
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 | 83% |
| Square foot | 1,911 | 1,406.5 | 78% |
| Lot Size | 11,379 | 7,285 | 83% |
| Price | $997.0K | $977.5K | 52% |
| Price per sq ft | $522 | $680 | 17% |
| Built year | 1957 | 1952 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 156 | 4% |
Mar 31, 2026
$997,000
Initial Listing