PendingCondominium

111 Marguerita Avenue 102

Monterey Park, CA, 91754

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$365,000

MLS: WS26063182

Beds

1

Baths

1

Sq Ft

554

Lot

0.81 ac

Year Built

1999

MLS #

WS26063182

Days on Market

16

Listed

Mar 23, 2026

Description

Experience effortless living in the highly sought-after Evergreen Manor. This beautifully maintained 1-bedroom, 1-bathroom residence offers the perfect blend of comfort and accessibility. Please note: Per community guidelines, the owner must be 62+ years of age. Avoid the hassle of long hallways. This bright and airy unit is perfectly situated on the first floor, just steps from the main entrance and elevator. An open living room with a large picture window flows into a dedicated dining area. Features elegant granite countertops complemented by warm honey-toned cabinetry. A peaceful retreat with sliding glass doors opening to a private patio, providing an abundance of natural light. Enjoy a large bathroom, central air and heat, and the essential convenience of in-unit laundry. Includes one assigned parking space and a private storage locker in the subterranean garage. Resident access to the recreational activity room, perfect for social events and gatherings. Unbeatable proximity to supermarkets, banks, restaurants, parks, and public transportation.

Location

Monterey Park, Los Angeles County, CA 91754

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Listed by: ZI FEI LI · GRANDMARK REALTY INC.

Payment estimate

$2,835

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $36,500 · Loan: $328,500

%
Principal & Interest
$2,018
Property tax (1.25%)
$380
Homeowners insurance
$300
Mortgage insurance
$137
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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 $12,775 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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