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901 W El Repetto Drive, Monterey Park, California 91754, Monterey Park, 91754 - 5 bed, 5 bath

901 W El Repetto Drive, Monterey Park, California 91754 home-pic-0
ACTIVE$1,798,000
901 W El Repetto Drive, Monterey Park, California 91754
5Beds
5Baths
2,950Sqft
10,517Lot

Price Vs. Estimate

The estimated value ($1,095,230.245) is $702,769.755 (39%) lower than the list price ($1,798,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: High School: Mark Keppel High School (9/10).
Top Cons:
Significant Overpricing: The listing price of $1.798M is substantially higher than the estimated property value of $1.095M, indicating a 39% overpricing relative to market estimation, which may deter potential buyers.

Compared to the nearby listings

Price:$1.80M vs avg $981.5K (+$816,500)94%
Size:2,950 sqft vs avg 1,417.5 sqft88%
Price/sqft:$609 vs avg $67037%

More Insights

Built in 1956 (69 years old).
Condition: Despite being built in 1956, the property has undergone a 'complete, high-end renovation' with 'brand-new roof, water heater, and meticulously maintained indoor/outdoor AC units.' The images confirm that the kitchens and bathrooms are virtually new, featuring modern white shaker cabinets, quartz countertops, stainless steel appliances, contemporary fixtures, and stylish tiling. The flooring is a mix of large format tile and wood-look laminate, and recessed lighting is prevalent throughout, indicating a comprehensive and recent update to current quality standards.
Year Built
1956
Close
-
List price
$1.8M
Original List price
$1.85M
Price/Sqft
$609
HOA
-
Days on market
-
Sold On
-
MLS number
OC25047413
Home ConditionExcellent
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Welcome to an exceptional investment opportunity in a quiet community. This meticulously upgraded property boasts 8 spacious bedrooms and 6 well-appointed bathrooms, thoughtfully planned by the owner for maximum comfort and functionality. Located in a top-rated school district with scores of 9/9/10, including an award-winning elementary school and a perfect high school, this home is ideal for families and investors alike. This property is also Airbnb-eligible, offering exceptional cash flow potential through short-term rentals. Its standout location puts you within walking distance of East Los Angeles College and just a 10-minute drive to USC, DTLA, and Cal State LA, as well as being close to major supermarkets, Garfield Medical Center, and a host of professional service providers. The home features a complete, high-end renovation with a brand-new roof, water heater, and meticulously maintained indoor/outdoor AC units. With parking available for up to 8 vehicles, this property presents a rare and lucrative investment opportunity in one of the most sought-after areas. Don't miss out on this extraordinary investment opportunity—schedule your private tour today and envision the future of upscale living and unmatched returns.

Nearby schools

6/10
Bella Vista Elementary School
Public,•K-5•0.9mi
7/10
Brightwood Elementary School
Public,•K-8•0.6mi
4/10
Macy Intermediate School
Public,•6-8•1.2mi
5/10
Schurr High School
Public,•9-12•1.6mi
9/10
Mark Keppel High School
Public,•9-12•2.3mi
Condition Rating
Excellent
Despite being built in 1956, the property has undergone a 'complete, high-end renovation' with 'brand-new roof, water heater, and meticulously maintained indoor/outdoor AC units.' The images confirm that the kitchens and bathrooms are virtually new, featuring modern white shaker cabinets, quartz countertops, stainless steel appliances, contemporary fixtures, and stylish tiling. The flooring is a mix of large format tile and wood-look laminate, and recessed lighting is prevalent throughout, indicating a comprehensive and recent update to current quality standards.
Pros & Cons

Pros

Great Schools: High School: Mark Keppel High School (9/10).
Exceptional Investment & Airbnb Potential: The property is explicitly marketed as an 'exceptional investment opportunity' and 'Airbnb-eligible,' offering significant cash flow potential through short-term rentals, appealing to investors.
High Bedroom/Bathroom Count: Boasting 8 spacious bedrooms and 6 well-appointed bathrooms, this property offers versatility for large families, multi-generational living, or maximizing rental income streams.
Prime Location & Accessibility: Its standout location provides walking distance access to East Los Angeles College and a short 10-minute drive to USC, DTLA, and Cal State LA, along with proximity to major supermarkets and Garfield Medical Center.
Top-Rated School District: Situated in a highly desirable school district with scores of 9/9/10, including an award-winning elementary school and a perfect high school, making it very attractive to families.
Recent Major Renovations & Ample Parking: Features a complete, high-end renovation with a brand-new roof, water heater, and meticulously maintained AC units, complemented by parking available for up to 8 vehicles.

Cons

Significant Overpricing: The listing price of $1.798M is substantially higher than the estimated property value of $1.095M, indicating a 39% overpricing relative to market estimation, which may deter potential buyers.
Older Construction: Built in 1956, despite recent renovations, the property's older foundation and structure may raise concerns for some buyers regarding long-term maintenance, energy efficiency, or potential unforeseen issues compared to newer builds.
High Density Configuration: The configuration of 8 bedrooms and 6 bathrooms within 2950 sqft suggests a very dense layout, which might not appeal to all traditional single-family home buyers seeking more spacious living areas and could raise questions about original permitting or conversion quality.

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