900 W Mabel Ave, Monterey Park, California 91754, Monterey Park, 91754 - 2 bed, 3 bath
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Monterey Park, California 91754
This Versatile Fee Simple PUD is a Strong Value Opportunity, listed at $733,000—positioned well below the $726,038 Fair Market Value (Note: Market-aligned pricing). Featuring a Condition Rating of 3, this home offers a modernized kitchen and a flexible layout with a private studio, perfect for multi-generational living. Located in the elite Alhambra School District with Top-Rated Schools (10/10 and 9/10), it provides both lifestyle stability and rental potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready property with income-generating capabilities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 900 W Mabel Ave Subject | $733,000* List Price | 2 | 3 | 1,425 | $510 | - |
A 894 S Garfield Sold | $685,000 | 3 | 2 | 1,436 | $477 | 0.9 mi |
B 322 N Huntington C Sold | $695,000 | 3 | 3 | 1,385 | $502 | 0.7 mi |
C 1042 S Garfield Sold | $650,000 | 3 | 2 | 1,223 | $531 | 0.9 mi |
D 209 S Chandler Avenue B Active | $808,000 List Price | 3 | 3 | 1,479 | $546 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1979, the property has undergone significant interior renovations within the last 5-15 years. The kitchen is modernized with stainless steel appliances, updated cabinetry, and recessed lighting. The inclusion of a mini-split HVAC system and updated flooring indicates the home is well-maintained and move-in ready.
The property is zoned for top-rated schools, including Monterey Highlands Elementary (10/10) and Mark Keppel High School (9/10), which significantly drives long-term value and demand.
The unique layout with separate upper and lower entrances and a private lower-level studio offers excellent versatility for rental income, guest quarters, or multi-generational living.
Unlike traditional condominiums, this Planned Unit Development (PUD) offers fee simple ownership, providing more favorable financing options and a more desirable ownership structure for buyers.
Despite having 1,425 square feet of living space, the property only offers two bedrooms, which may limit its appeal to larger families compared to other homes in the same price bracket.
The $350 monthly association fee adds a significant recurring cost to the monthly mortgage obligation, which may impact the overall affordability for budget-conscious buyers.
Rare opportunity to own a PUD (Planned Unit Development) with Fee Simple ownership—not a condominium! This versatile home features separate upper and lower entrances, with a private courtyard and studio on the lower level, ideal for extended family, guests, or rental potential. Enjoy beautiful views and an unbeatable location within the award-winning Monterey Highlands Elementary (10/10) and Mark Keppel High School (9/10). Conveniently located across the street from supermarkets, restaurants, and public transportation, with easy access to major freeways.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,425 | - |
| Lot Size | 1,350 | - |
| Price | $733.0K | $776.2K |
| Price per sq ft | $514 | $510 |
| Built year | 1979 | 0 |
| HOA | $350.0 | $0 |
| Days on market | 2 | 50 |
Jul 20, 2026
$733,000
Initial Listing
May 10, 2024
$733,000
Public Record
Oct 1, 2015
$435,000
Public Record