909 E Mabel, Monterey Park, California 91755, Monterey Park, 91755 - 3 bed, 2 bath
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Monterey Park, California 91755
This property presents a High-Potential Investment Opportunity with a List Price of $799,000—positioned well below the $795,237 Fair Market Value (Note: Market value is currently aligned with list price). While the home has a Condition Rating of 5, the 1950s construction offers a blank canvas for value-add renovations. Located in the Alhambra High School District, this asset provides a functional 3-bedroom layout with significant upside for those capable of modernizing outdated systems. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking a project in a prime Monterey Park location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 909 E Mabel Subject | $799,000* List Price | 3 | 2 | 1,216 | $654 | - |
A 417 E Emerson Avenue Sold | $970,000 | 3 | 3 | 1,628 | $596 | 0.5 mi |
B 219 S Nicholson Avenue Active | $890,000 List Price | 2 | 1 | 1,310 | $679 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950 with no evidence of significant renovations in the last 30-50 years. The kitchen features highly dated cabinetry and finishes, the interior shows visible wear and scuffed walls, and the presence of an old wall heater suggests outdated systems. The listing's emphasis on 'potential' and 'investment opportunity' aligns with a property needing a full rehab.
Situated in a highly desirable Monterey Park neighborhood, the property offers excellent proximity to top-rated Alhambra schools, parks, shopping, and major transportation routes.
The 3-bedroom, 2-bathroom configuration provides a practical and spacious floor plan with abundant natural light, making it an ideal starter home for families.
Marketed with 'endless potential,' this property serves as a strong investment opportunity for buyers looking to add value through renovations in a high-demand area.
Built in 1950, the home likely requires updates to its core systems and interior finishes to meet modern efficiency and aesthetic standards.
The property is noted as having no scenic views, which may be a disadvantage compared to other hillside residences in the Monterey Park area.
Welcome to 909 E Mabel Ave, Monterey Park! Nestled in one of Monterey Park’s most desirable neighborhoods, this property offers an exceptional opportunity for both homeowners and investors. Featuring a bright and spacious layout with abundant natural light, this home is ready for your personal touch. While it does require updating and renovation, it provides tremendous potential to customize, add value, or create your dream home. The owner's father passed away in the home due to old age in January 2025. Conveniently situated near top-rated schools, parks, shopping centers, restaurants, and major transportation routes, you'll enjoy easy access to everything Monterey Park has to offer. Whether you're looking for a renovation project, an investment opportunity, or a place to make your own, this property is full of potential. Don't miss this rare opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,216 | 1,756 |
| Lot Size | 5,921 | 8,385 |
| Price | $799.0K | $960.9K |
| Price per sq ft | $657 | $659 |
| Built year | 1950 | 1958 |
| HOA | $0 | $228 |
| Days on market | 9 | 43 |
Jul 13, 2026
$799,000
Initial Listing