ActiveSingleFamilyResidence

1034 Loma Verde

Monterey Park, CA, 91754

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$740,000

MLS: WS26067085

Beds

2

Baths

1

Sq Ft

868

Lot

0.14 ac

Year Built

1950

MLS #

WS26067085

Days on Market

18

Listed

Mar 28, 2026

Description

Welcome to this beautifully maintained 2-bedroom, 1-bathroom home located in one of Monterey Park’s most desirable neighborhoods. Perfect for first-time buyers or savvy investors, this property offers a rare opportunity to own in a prime San Gabriel Valley location. Step inside to find a clean, well-kept interior with updated finishes, abundant natural light, and a functional layout that maximizes every square foot. The bright kitchen features ample cabinet space and a practical design ideal for everyday living. Outside, the home truly shines with a generously sized front yard—perfect for entertaining, future expansion, or simply enjoying the Southern California lifestyle. Conveniently located near top-rated schools, shopping, dining, and major freeways, this home combines comfort, accessibility, and long-term value. Don’t miss your chance to own a move-in ready home in a highly sought-after area.

Location

Monterey Park, Los Angeles County, CA 91754

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Listed by: HANH HOANG · Wetrust Realty

Payment estimate

$5,440

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $74,000 · Loan: $666,000

%
Principal & Interest
$4,092
Property tax (1.25%)
$771
Homeowners insurance
$300
Mortgage insurance
$278
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Monterey Park home with as little as 3.5% down using an FHA loan — roughly $25,900 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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