
Monterey Park, California 91754
This Renovated Traditional Residence is a Strong Value Opportunity, listed at $899,000—positioned well below the $949,296 Fair Market Value by 5%. This valuation gap provides $50,296 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 3, the home features a modern shaker kitchen, updated bathrooms, and central A/C. Located in the Montebello Unified School District with a private patio and prime access to DTLA, it balances lifestyle comfort with financial upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 633 W Gleason Street Subject | $899,000* List Price | 3 | 3 | 1,738 | $556 | - |
A 532 W Gleason Street Sold | $885,000 | 3 | 2 | 1,420 | $623 | 0.1 mi |
B 1805 Cliffhill Sold | $930,000 | 3 | 2 | 1,936 | $480 | 0.9 mi |
C 1908 S Bradshawe Avenue Sold | $1,000,000 | 4 | 3 | 2,071 | $483 | 0.5 mi |
D 211 W Markland Dr Sold | $760,000 | 3 | 1 | 1,233 | $616 | 0.6 mi |
E 2058 Vancouver Avenue Sold | $860,000 | 3 | 2 | 1,393 | $617 | 0.9 mi |
F 501 Almora Street Active | $1,150,000 List Price | 3 | 2 | 1,816 | $633 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant interior renovations despite its 1947 build date. The kitchen features modern white shaker cabinetry, stone countertops, and stainless steel appliances. The bathrooms have been updated with contemporary tile work and newer vanities. With the addition of central A/C, recessed lighting, and updated flooring throughout, the home is well-maintained and meets modern living standards without the need for immediate repairs.
The property boasts excellent proximity to Downtown Los Angeles and major transit arteries including the I-10, I-60, and 710 freeways, making it ideal for commuters.
Equipped with a central A/C system and a spacious master suite, the home provides essential modern conveniences that are highly sought after in the Monterey Park market.
With a 3-bedroom, 3-bathroom configuration and a spacious living room, the floor plan offers a high degree of utility and privacy for growing families.
Built in 1947, the home is noted for its 'tremendous potential,' which typically indicates a need for modern updates and potential renovation to meet contemporary standards.
The listing specifies no views, which may be a disadvantage in a city like Monterey Park where hillside properties often command a premium for their vistas.
Great opportunity to own this sweet family home with tremendous potential in the beautiful city of Monterey Park. This home features 3 bedrooms and 3 bathrooms and is located in a peaceful and quiet neighborhood. All 3 bedrooms are spacious in size including a spacious master suite. The front door welcomes you to a spacious and airy living room. The central A/C system offers comfort and convenience for the hot summer days and cool wintertime. The backyard serves as a perfect place for enjoying wine, barbecuing, and outdoor gatherings. This property is conveniently located near Downtown Los Angeles, Atlantic Square, schools, supermarkets, grocery stores, Costco, and plenty of tasty restaurants. Easy access to I-10, I-60 & 710 Freeways. Don't miss your chance to own this fantastic home for your California Dream!
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 | 82% |
| Square foot | 1,738 | 1,393 | 64% |
| Lot Size | 5,335 | 7,207 | 11% |
| Price | $899.0K | $950.0K | 38% |
| Price per sq ft | $517 | $692 | 13% |
| Built year | 1947 | 1952 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 75 | 153 | 24% |
Feb 6, 2026
$899,000
Initial Listing
Nov 27, 2002
$296,000
Public Record
Feb 5, 2001
$219,500
Public Record