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824 De La Fuente Street, Monterey Park, California 91754, Monterey Park, 91754 - 3 bed, 2 bath

824 De La Fuente Street, Monterey Park, California 91754 home-pic-0
ACTIVE$1,199,000
824 De La Fuente Street, Monterey Park, California 91754
3Beds
2Baths
2,668Sqft
9,042Lot

Price Vs. Estimate

The estimated value ($1,199,000) is $0 (0%) lower than the list price ($1,199,000). This property may be overpriced.

Key pros and cons

Top Pros:
ADU Potential & Income Generation: The property offers tremendous ADU value-add potential, with a lot primed for an ADU that includes its own alley and driveway, and a flexible floor plan allowing for separate living spaces for potential rental income.
Top Cons:
Age of Property: Built in 1948, the home's age may suggest older infrastructure (e.g., plumbing, electrical, roof) that could require future maintenance or upgrades not explicitly detailed as completed.

Compared to the nearby listings

Price:$1.20M vs avg $981.5K (+$217,500)81%
Size:2,668 sqft vs avg 1,417.5 sqft87%
Price/sqft:$449 vs avg $6704%

More Insights

Built in 1948 (77 years old).
Condition: Built in 1948, this property shows signs of regular maintenance but has not undergone a comprehensive modern renovation. While some areas feature newer paint and a relatively updated bathroom vanity, many elements are significantly dated, including the brown shag carpeting, linoleum flooring in the dining nook, popcorn ceilings, wood paneling in the downstairs living area, and a very dated shower stall. The kitchen, though not fully visible, appears to be original or from an older renovation. The property is functional and livable but requires substantial cosmetic updates and modernization, especially in the kitchen, bathrooms, and flooring throughout, to meet current quality standards.
Year Built
1948
Close
-
List price
$1.2M
Original List price
$1.3M
Price/Sqft
$449
HOA
-
Days on market
-
Sold On
-
MLS number
CV25141056
Home ConditionFair
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

MASSIVE PRICE IMPROVEMENT & ADU POTENTIAL! Unique & Rare opportunity to own the most versatile home in Monterey Park. This expansive home offers over 2,600 square feet of comfortable living w/ 3 SPACIOIUS bedrooms, 2 full bathrooms & a true 2 car attached garage. With a lot size over 9,000 sf, this pride of ownership home is primed for potential w/open concept living, sizeable back yard perfect for entertaining, and TREMENDOUS ADU value add. The lot is primed for an ADU that has its own alley and driveway! The top level features an oversized family/living room, abundant natural light, dining area, kitchen, 2 bedrooms and 1 bathroom. Downstairs, you are met with an another oversized family/living room, laundry room, bedroom and bathroom. Because the two levels can be closed off from one another, the option to live and rent out is entirely your choice! Situated in this quiet & highly sought after neighborhood, this gem offers the convenience of being situated just minutes from parks, restaurants, local amenities and award winning Brightwood Elementary School. Easy access to major freeways such as the 10, 710, and 60.

Condition Rating
Fair
Built in 1948, this property shows signs of regular maintenance but has not undergone a comprehensive modern renovation. While some areas feature newer paint and a relatively updated bathroom vanity, many elements are significantly dated, including the brown shag carpeting, linoleum flooring in the dining nook, popcorn ceilings, wood paneling in the downstairs living area, and a very dated shower stall. The kitchen, though not fully visible, appears to be original or from an older renovation. The property is functional and livable but requires substantial cosmetic updates and modernization, especially in the kitchen, bathrooms, and flooring throughout, to meet current quality standards.
Pros & Cons

Pros

ADU Potential & Income Generation: The property offers tremendous ADU value-add potential, with a lot primed for an ADU that includes its own alley and driveway, and a flexible floor plan allowing for separate living spaces for potential rental income.
Spacious Living & Large Lot: With over 2,600 square feet of comfortable living space and a generous 9,000+ sq ft lot, including a sizeable backyard, the property provides ample room for family life and entertaining.
Prime Location & Accessibility: Situated in a quiet, highly sought-after neighborhood, the home offers convenience to parks, restaurants, local amenities, an award-winning elementary school, and easy access to major freeways (10, 710, 60).
Flexible Living Arrangement: The two levels can be closed off from one another, providing versatility for multi-generational living or the option to live in one section and rent out the other.
Mountain Views: The property boasts desirable mountain views, enhancing its aesthetic appeal and potential value.

Cons

Age of Property: Built in 1948, the home's age may suggest older infrastructure (e.g., plumbing, electrical, roof) that could require future maintenance or upgrades not explicitly detailed as completed.
Unspecified Modernization Status: While 'open concept living' is mentioned, the description lacks specific details on recent major renovations to key areas like the kitchen, bathrooms, or other systems, implying potential for buyer-initiated updates to meet modern standards.
Lack of Mention of Cooling System: The property description does not specify the presence of a cooling system (e.g., central air conditioning), which could be a significant drawback during warmer months in California.

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