
Monterey Park, California 91754
This Senior Condominium represents a Strong Value Opportunity, listed at a List Price of $352,000, which aligns perfectly with the $352,065 Fair Market Value. Featuring a Fair Condition Rating, the unit includes recent upgrades like new interior paint and waterproof flooring. Residents benefit from a prime, walkable location near shopping and the 10 Freeway, alongside a private balcony and in-unit laundry. This property is an ideal acquisition for Owner-Occupants aged 62+ or first-time buyers seeking a convenient, low-maintenance lifestyle in Monterey Park.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 918 W Garvey 107 Subject | $352,000* List Price | 1 | 1 | 582 | $605 | - |
A 918 W Garvey Avenue 318 Sold | $352,100 | 1 | 1 | 582 | $605 | 0.0 mi |
B 111 Marguerita Avenue 102 Sold | $359,000 | 1 | 1 | 554 | $648 | 0.1 mi |
C 111 Marguerita Sold | $400,000 | 2 | 2 | 793 | $504 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 2001 (23 years old), which fits the Fair criteria. While it has received recent cosmetic updates including new interior paint and new waterproof flooring in the bedroom, the kitchen cabinetry and likely the mechanical systems are original to the construction and are now dated.
Situated in the heart of Monterey Park, this property offers exceptional walkability to shopping centers, restaurants, and banks, with immediate access to the 10 Freeway for easy commuting.
The unit features fresh interior paint and new waterproof wood flooring in the bedroom and walk-in closet, providing a modern, move-in-ready environment for the new owner.
The monthly HOA fee provides excellent value by including water, trash, and basic internet, while the unit itself offers rare conveniences like an inside laundry room and a large enclosed private balcony.
As a senior condo requiring at least one resident to be 62 or older, the property has a restricted pool of potential occupants, which may limit its appeal to a broader market.
With only 582 square feet of living area, the unit is relatively small, which may be a concern for buyers seeking more spacious accommodations or additional storage.
Senior condo in the prime location in Monterey Park, 62 yrs old + required for one of residents, there is No age requirement for the Buyer, The unit at the 1st Floor easy access, New interior paint through the house, New waterproof wooden flooring at Bedroom and walk-in closet, living room has laminated wood flooring, Convenient inside Laundry room, Feature including the Large enclosed private balcony, HOA dues including the trash, water, basic internet, common area maintenance Walking distance to Shopping area, transportation, restaurants, bank and minute to FWY 10, Very convenient Location
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 582 | 1,454 |
| Lot Size | 40,637 | 27,687 |
| Price | $352.0K | $603.0K |
| Price per sq ft | $605 | $531 |
| Built year | 2001 | 1991 |
| HOA | $360.0 | $210 |
| Days on market | 42 | 71 |
Jun 10, 2026
$352,000
Initial Listing
Oct 10, 2003
$149,000
Public Record