633 W Gleason Street, Monterey Park, California 91754, Monterey Park, 91754 - 3 bed, 3 bath
633 W Gleason Street
Monterey Park, California 91754
Property Price
SUMMARY
Analysis of 633 W Gleason Street, Monterey Park, California 91754 reveals a Prime Investment Opportunity with a current list price of $899,000—significantly undercutting the $949,295 Fair Market Value by 5%. This valuation gap indicates a +$50,295 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Monterey Park Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
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 | $546 | - |
A 532 W Gleason Street Sold | $885,000 | 3 | 2 | 1,420 | $623 | 0.1 mi |
B 1908 S Bradshawe Avenue Sold | $1,000,000 | 4 | 3 | 2,071 | $483 | 0.5 mi |
C 211 W Markland Dr Sold | $760,000 | 3 | 1 | 1,233 | $616 | 0.6 mi |
D 2058 Vancouver Avenue Sold | $860,000 | 3 | 2 | 1,393 | $617 | 0.9 mi |
E 650 W El Repetto Sold | $1,100,000 | 4 | 2 | 1,962 | $561 | 0.7 mi |
F 1805 Cliffhill Active | $875,000 List Price | 3 | 2 | 1,936 | $452 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
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.
- Modern Comforts
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.
- Functional Layout
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.
CONSRISKS & DEFICIENCIES
- Dated Construction
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.
- Limited Scenic Appeal
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.
About 633 W Gleason Street
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!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 5,335 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 75% |
| Square foot | 1,738 | 1,404 | 65% |
| Lot Size | 5,335 | 7,252.5 | 13% |
| Price | $899.0K | $950.0K | 40% |
| Price per sq ft | $517 | $666 | 15% |
| Built year | 1947 | 1952 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 157 | 6% |
Pricing History
Listed for Sale
Feb 6, 2026
$899,000
Initial Listing
Sold
Nov 27, 2002
$296,000
Public Record
Sold
Feb 5, 2001
$219,500
Public Record