829 Hershey Avenue 4, Monterey Park, California 91755, Monterey Park, 91755 - bed, bath
829 Hershey Avenue 4
Monterey Park, California 91755
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 829 Hershey Avenue 4 Subject | $1,250,000* List Price | 2,326 | $537 | - | ||
A 208 E Newmark Avenue Sold | $1,300,000 | 4 | 3 | 2,528 | $514 | 0.9 mi |
B 829 Hershey Avenue Active | $1,250,000 List Price | 7 | 5 | 2,326 | $537 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition following significant recent renovations. Key upgrades include newly modernized kitchens with quartz countertops and shaker-style cabinetry, updated laminate flooring, dual-pane windows, and the installation of mini-split AC systems and fire sprinklers. While the building dates to 1915, the interiors have been well-maintained; however, some bathroom fixtures and tile work reflect older renovation styles, placing the overall condition in the 'good' category rather than 'excellent'.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Revenue Potential
The property features four individual units on a single-story layout, offering a rare and high-demand investment opportunity in the Monterey Park rental market.
- Modern Interior Upgrades
Units boast newly upgraded kitchens with quartz countertops, dual-pane windows, and laminated wood flooring, significantly reducing immediate capital expenditure for the buyer.
- Enhanced Safety and Security
Equipped with a safety fire sprinkler system and a security-gated side entry, providing modern safety standards and peace of mind for both the owner and tenants.
CONSRISKS & DEFICIENCIES
- Historic Infrastructure Risks
Originally constructed in 1915, the property may possess aging plumbing or electrical systems behind the walls that could require future maintenance despite cosmetic renovations.
- Compact Living Dimensions
With a total of 2,326 square feet split across four units, the average living space per unit is approximately 580 square feet, which may limit the tenant pool to smaller households.
- Market Pricing Volatility
The listing has undergone multiple price reductions from an initial $1.39M to $1.25M, suggesting the market has been sensitive to the initial valuation or the property's specific configuration.
About 829 Hershey Avenue 4
Prime location in a desirable part of Monterey Park. Rare Investment Opportunity. Single Story 4 units Home with Safety Fire Sprinkler System. All units in excellent condition. Newly Upgraded Kitchen with Quartz Counter Top. Dual Pane Windows. Laminated Wood Floors. Security Gated Side Entry. Coin operated laundry facilities on site, all units include a refrigerator and 2 mini split AC. Convenient location close to schools, stores, and easy access to freeway.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1915
- Lot Size
- 7,284 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
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% |
| Baths | - | 2.0 | 3% |
| Square foot | 2,326 | 1,546.5 | 90% |
| Lot Size | 7,284 | 7,240 | 50% |
| Price | $1.25M | $971.5K | 87% |
| Price per sq ft | $537 | $639 | 23% |
| Built year | 1915 | 1953 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 279 | 167 | 0% |
Pricing History
Listed for Sale
Sep 30, 2025
$1,250,000
$1,310,000
-5% Price Drop
Initial Listing
Price Change
Sep 3, 2025
$1,310,000
Initial Listing
Price Change
May 31, 2025
$1,390,000
Initial Listing