641 W Gleason, Monterey Park, California 91754, Monterey Park, 91754 - 3 bed, 1 bath
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641 W Gleason
Monterey Park, California 91754
ACTIVE
CONDITION: EXCELLENT
3Beds
1Baths
1,026Sq Ft
5,324Lot Size
Property Price
LIST PRICE$899,000
EST. MARKET VALUE
$872,743
3% AboveMARKET VALUE
SUMMARY
This Renovated Single-Family Residence is a High-Potential Investment Opportunity, listed at $915,000—positioned well above the $877,043 Fair Market Value by 4%. While priced at a premium, the property features a Condition Rating of 2, boasting a modern kitchen, central HVAC, and move-in ready interiors. Its prime location near major freeways and Downtown LA provides strong long-term stability. Despite the unpermitted bonus room, the home offers significant lifestyle appeal for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey property in a quiet, accessible neighborhood.
Estimated Market Value
$872,743
Based on Realkey algorithm analyzing recent comparable sales in Monterey Park.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 641 W Gleason Subject | $899,000* List Price | 3 | 1 | 1,026 | $851 | - |
A 1816 Graylock Sold | $858,500 | 3 | 1 | 1,090 | $788 | 0.8 mi |
B 1718 S Mcpherrin Sold | $968,000 | 3 | 1 | 1,115 | $868 | 0.8 mi |
C 624 W Floral Sold | $825,000 | 2 | 1 | 922 | $895 | 0.2 mi |
D 1800 Fernbank Sold | $915,000 | 3 | 2 | 1,195 | $766 | 0.9 mi |
E 2001 Fernbank Sold | $880,000 | 2 | 2 | 1,380 | $638 | 0.8 mi |
F 400 W Andrix Active | $800,000 List Price | 2 | 1 | 872 | $917 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (likely within the last 5 years) featuring a modern kitchen with quartz countertops and shaker cabinets, new laminate flooring, recessed lighting, and a central HVAC system. Despite the 1947 build date, the interior is in mint, move-in ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location and Accessibility
Situated in a quiet Monterey Park neighborhood with exceptional proximity to Downtown LA, major freeways (I-10, 60, 710), and popular retail hubs like Atlantic Square and Costco.
- Modernized Comfort
The home has been renovated and features a central A/C system, providing essential climate control and move-in readiness that is often lacking in 1940s-era properties.
- Versatile Living Space
The property includes a spacious backyard and an additional bonus room, offering flexible space for outdoor gatherings, a home office, or extra storage.
CONSRISKS & DEFICIENCIES
- Unpermitted Improvements
The inclusion of an unpermitted bonus room may present challenges regarding financing, appraisal valuations, and future building code compliance.
- Limited Bathroom Count
With only one bathroom serving three bedrooms, the layout may be restrictive for larger households or those seeking modern convenience and privacy.
About 641 W Gleason
Great opportunity to own this renovated home with tremendous potential in the beautiful city of Monterey Park. This home features 3 bedrooms and 1 bathroom and is located in a peaceful and quiet neighborhood. Spacious and airy living room, central A/C system offers comfort and convenience for the hot summer days and cool wintertime. The backyard serves as a perfect place for outdoor gatherings. It consists of unpermitted bonus room. Buyers are advised to independently verify all information and investigate the properties condition through appropriate professionals' properties being sold As Is, listing Agent and Broker do not guarantee the accuracy of square footage size or other information obtained from public records. 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
- 5,324 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 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 |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 1.0 | 2.3 |
| Square foot | 1,026 | 1,713.872 |
| Lot Size | 5,324 | 7,587.426 |
| Price | $899.0K | $1.00M |
| Price per sq ft | $876 | $653 |
| Built year | 1947 | 1957 |
| HOA | $0 | $220 |
| Days on market | 79 | 47 |
Pricing History
Listed for Sale
Aug 15, 2026
$899,000
$915,000
-2% Price Drop
Initial Listing
Price Change
Jun 22, 2026
$915,000
Initial Listing