918 W Garvey Avenue 318, Monterey Park, California 91754, Monterey Park, 91754 - 1 bed, 1 bath
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Monterey Park, California 91754
This Top-Floor Senior Condominium is a Prime Investment Opportunity, listed at $349,000—positioned well below the $366,810 Fair Market Value by 4%. This valuation gap offers $17,810 in Instant Equity for the incoming buyer. Maintaining a Fair Condition Rating, the residence features a rare architectural layout with no shared walls and no neighbors above, ensuring maximum privacy. Equipped with in-unit laundry and central HVAC, this unit is located in a high-demand Monterey Park corridor near medical offices and transit. It is perfectly suited for Seniors (62+) or Owner-Occupants seeking a quiet, low-maintenance sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 918 W Garvey Avenue 318 Subject | $349,000* List Price | 1 | 1 | 582 | $630 | - |
A 111 Marguerita Ave 303 Sold | $355,000 | 1 | 1 | 554 | $641 | 0.1 mi |
B 111 Marguerita Avenue 102 Active | $365,000 List Price | 1 | 1 | 554 | $659 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2001, this property is over 20 years old and maintains most of its original features. While the unit is clean and features updated laminate flooring, the kitchen and bathroom are dated, featuring original oak-style cabinetry, basic white appliances, and standard builder-grade fixtures. It meets the 'fair' criteria as it is well-maintained through regular upkeep but lacks the modern renovations required for a higher rating.
As a top-floor unit with no shared walls and no neighbors above, this property offers a rare level of peace and privacy seldom found in condominium living.
Situated in the heart of Monterey Park, the unit provides exceptional walkability and access to medical offices, shopping, dining, and public transit.
The unit is equipped with highly desirable features including central air and heat, in-unit laundry hookups, and a secure, assigned parking space.
The property was recently sold within the past year on 2025-10-07. The sold price is $355,000.00.
The 62+ age restriction for occupants significantly limits the potential buyer pool and may impact future resale velocity.
At 582 square feet, the compact living area may be a drawback for those seeking more spacious accommodations or additional storage.
Top-floor unit in a 62+ gated community in the heart of Monterey Park. One occupant must be 62.5+, but there is no age restriction for ownership. This is a wonderful bright & airy unit that features no shared walls and no unit above, it has an open living area with a spacious balcony, large bedroom with walk-in closet, functional kitchen with ample cabinetry and breakfast counter. The unit also has central air and heat, plus the convenience of in-unit laundry hookups with a washer/dryer appliance. Centrally located near shopping, dining, medical offices, parks, and public transit, with easy access to the 10 Freeway and just minutes to Downtown LA, Alhambra, and San Gabriel. This community has a gated entry, elevator access, and the unit comes with 1 assigned parking space in the secure parking area. Ideal for low-maintenance living in a prime location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 5% |
| Baths | 1.0 | 3.0 | 5% |
| Square foot | 582 | 1,173 | 5% |
| Lot Size | - | 66,944 | 16% |
| Price | $349.0K | $635.0K | 5% |
| Price per sq ft | $600 | $541 | 74% |
| Built year | 2001 | 2001 | 50% |
| HOA | $360.0 | $360 | 50% |
| Days on market | 35 | 167 | 11% |
Mar 18, 2026
$349,000
Initial Listing
Oct 7, 2025
$355,000
Public Record
Jan 21, 2016
$240,000
Public Record
Jul 11, 2003
$147,500
Public Record