
Monterey Park, California 91755
This Dual-Residence Income Property represents a High-Potential Investment Opportunity, listed at $1,550,000, which aligns closely with its $1,533,279 Fair Market Value. Featuring a Brand-New 3-Bedroom ADU with modern finishes alongside a spacious 4-bedroom front home, the property offers a Turnkey Condition Rating. Its strategic location near Atlantic Times Square and major transit corridors ensures strong rental demand. This asset is perfectly suited for Buy-and-Hold Investors seeking immediate cash flow or Owner-Occupants looking to offset mortgage costs through multi-generational living or rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 607 Sefton Subject | $1,550,000* List Price | 0 | 0 | 2,237 | $685 | - |
A 112 S Sierra Vista Active | $1,700,000 List Price | 0 | 0 | 2,545 | $668 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a brand-new 3-bedroom ADU with modern designer finishes, new stainless steel appliances, and updated flooring. While the front house dates to 1947, the entire property is marketed as turnkey and the new construction component meets the criteria for mint condition with no immediate maintenance required.
The property features two detached residences on a single lot, offering a rare opportunity for multi-generational living or a high-yield investment by renting both units.
The back house is a stunning, brand-new 3-bedroom construction with modern designer finishes and an open-concept layout, providing immediate turnkey value.
Ideally situated minutes from Atlantic Times Square and top-rated schools with easy freeway access to DTLA, ensuring high rental demand and long-term desirability.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2237, other record living area = 1215.
With 134 days on the market, the property may be facing buyer hesitation or appraisal challenges relative to its current list price.
The listing price reflects a substantial increase from its 2024 sale price of $1.048M, which may require strong justification of the ADU's added value to prospective buyers.
Rare dual-living opportunity in the heart of Monterey Park featuring two detached residences on one lot—perfect for savvy investors or multi-generational families. The spacious front home offers a comfortable 4-bedroom, 2-bathroom layout filled with natural light, while the back house is a stunning, brand-new 3-bedroom, 2-bathroom ADU featuring modern designer finishes and an open-concept floor plan. Situated minutes from Atlantic Times Square, top-rated schools, parks and easy freeway access to DTLA, this turnkey property allows you to live in one and rent the other for maximum cash flow or lease both in a high-demand rental market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 0.0 | 1.0 |
| Square foot | 2,237 | 2,780 |
| Lot Size | 6,239 | 8,337.6 |
| Price | $1.55M | $1.20M |
| Price per sq ft | $693 | $527 |
| Built year | 1947 | 1956 |
| HOA | $0 | $0 |
| Days on market | 174 | 78 |
Mar 19, 2026
$1,550,000
Initial Listing
Feb 22, 2024
$1,048,000
Public Record
Oct 2, 2023
$789,000
Public Record
Sep 29, 2023
$750,000
Public Record