829 Hershey Avenue, Monterey Park, California 91755, Monterey Park, 91755 - 7 bed, 5 bath
829 Hershey Avenue
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 Subject | $1,250,000* List Price | 7 | 5 | 2,326 | $537 | - |
A 829 Hershey Avenue 4 Active | $1,250,000 List Price | 2,326 | $537 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
While the property was originally built in 1915, it has undergone extensive recent renovations that align with the 'excellent' criteria. The interior images reveal newly upgraded kitchens featuring modern white shaker-style cabinetry, quartz countertops, subway tile backsplashes, and stainless steel appliances. The bathrooms have been updated with contemporary vanities and glass-enclosed showers. Additional high-quality features include new laminated wood flooring, recessed lighting, dual-pane windows, and the installation of modern systems such as mini-split AC units and a professional fire sprinkler system, indicating a comprehensive overhaul with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Income Potential
The property features a rare 4-unit configuration with 7 bedrooms and 5 bathrooms, offering significant rental income opportunities for savvy investors.
- Modern Interior Upgrades
Units boast newly upgraded kitchens with quartz countertops, laminated wood flooring, and dual-pane windows, ensuring a contemporary feel and reduced maintenance.
- Enhanced Safety and Security
Equipped with a professional fire sprinkler system and a security-gated side entry, providing essential safety features that are rare for properties of this vintage.
CONSRISKS & DEFICIENCIES
- Century-Old Structure
Originally built in 1915, the property may require ongoing specialized maintenance or face challenges related to aging core infrastructure despite recent surface upgrades.
- Compact Living Spaces
With 2,326 square feet split across four units and seven bedrooms, the individual living areas and bedrooms are likely quite small and may limit the tenant profile.
- Market Pricing Volatility
Significant recent price reductions from the original list price of $1.39M to $1.25M may indicate initial overvaluation or a cautious buyer market for this specific asset type.
About 829 Hershey Avenue
Prime location in a desirable part of Monterey Park. Rare Investment Opportunity. Single Story 7bedrooms 5bathrooms (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
- 7
- Total Bathrooms
- 5 (5 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 | 7.0 | 3.0 | 97% |
| Baths | 5.0 | 2.0 | 97% |
| 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 | 250 | 167 | 93% |
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
Jun 29, 2025
$1,390,000
Initial Listing