ActiveCondominium

121 N Mcpherrin Avenue 105

Monterey Park, CA, 91754

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$558,000

MLS: AR26096977

Beds

2

Baths

2

Sq Ft

949

Lot

0.45 ac

Year Built

1999

MLS #

AR26096977

Days on Market

23

Listed

May 24, 2026

Description

Desirable ground-level senior (62+) condo with a large private patio, located in the heart of Monterey Park. This bright and spacious 2-bedroom, 2-bath home is situated in the well-known McPherrin Villa Senior Community. The inviting floor plan features a large living room, dining area, and spacious kitchen with a window overlooking the peaceful courtyard. The primary suite offers an en-suite bathroom and a large closet, while the second bedroom is also generously sized. The unit is well maintained and features fresh interior paint. Enjoy the oversized private patio, perfect for gatherings, entertaining, or simply relaxing outdoors. A convenient laundry closet is located on the patio. The community also offers a meeting and entertainment room for parties and social gatherings. Conveniently located just steps from the elevator with easy access to the parking garage. Close to grocery stores, restaurants, parks, and the Langley Senior Center. A wonderful opportunity to enjoy comfortable and joyful senior living in a prime Monterey Park location

Location

Monterey Park, Los Angeles County, CA 91754

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Listed by: Sharon Liu · Re/Max Premier Prop Arcadia

Payment estimate

$4,666

/ month (est.)

Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $55,800 · Loan: $502,200

%

Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.

$/ mo
Principal & Interest
$3,181
Property tax (1.25%)
$581
Homeowners insurance
$300
Mortgage insurance
$209
HOA dues
$395
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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 Jun 11, 2026

30-year fixed
6.52%
15-year fixed
5.84%

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

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

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 $19,530 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.

Local Market Stats

See Monterey Park, CA 91754 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.