641 W Gleason, Monterey Park, California 91754, Monterey Park, 91754 - 3 bed, 1 bath
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Monterey Park, California 91754
This Renovated Single Family Residence represents a High-Potential Investment Opportunity, listed at $915,000—positioned above the $865,063 Fair Market Value. While priced at a premium, the property features a Condition Rating of 2, boasting a modern central HVAC system, recessed lighting, and updated flooring. Its strategic location near major freeways and Atlantic Square provides strong rental demand. The inclusion of an unpermitted bonus room offers versatile space for expansion. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home in a prime Monterey Park location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 641 W Gleason Subject | $915,000* List Price | 3 | 1 | 1,026 | $843 | - |
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 1800 Fernbank Sold | $915,000 | 3 | 2 | 1,195 | $766 | 0.9 mi |
D 624 W Floral Sold | $825,000 | 2 | 1 | 922 | $895 | 0.2 mi |
E 2001 Fernbank Sold | $880,000 | 2 | 2 | 1,380 | $638 | 0.8 mi |
F 2432 Hendricks Active | $900,000 List Price | 3 | 1 | 1,109 | $812 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1947, the property has undergone a comprehensive recent renovation. It features a newer central HVAC system, updated windows, recessed lighting, and modern laminate flooring throughout. The interior appears to be in mint, move-in-ready condition consistent with a renovation completed within the last 5 years.
The property is ideally situated with easy access to I-10, I-60, and 710 freeways, and is conveniently close to major shopping hubs like Atlantic Square, Costco, and Downtown Los Angeles.
This 1947 home has been updated with a central A/C system, providing essential comfort and modern convenience that is often missing in older homes in the area.
The inclusion of a bonus room and a spacious backyard offers versatile options for outdoor entertaining or potential extra living space for growing families.
With three bedrooms and only one bathroom, the layout may be restrictive for larger families or buyers seeking a more modern bed-to-bath ratio.
The presence of an unpermitted bonus room and the 'As-Is' sale terms require buyers to assume risks regarding square footage accuracy and potential future compliance issues.
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!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,026 | 1,756 |
| Lot Size | 5,324 | 8,385 |
| Price | $915.0K | $960.9K |
| Price per sq ft | $892 | $659 |
| Built year | 1947 | 1958 |
| HOA | $0 | $228 |
| Days on market | 30 | 43 |
Jun 22, 2026
$915,000
Initial Listing