150 E Floral
Monterey Park, CA, 91755
$1,391,000
MLS: PW26118160
Beds
6
Baths
4
Sq Ft
2,196
Lot
0.14 ac
Year Built
1949
MLS #
PW26118160
Days on Market
100
Listed
May 31, 2026
Description
Welcome to this beautifully remodeled home in the heart of Monterey Park area! offering comfort, versatility, and exceptional investment potential in one of Southern California's most desirable communities. Ideally located near renowned dining destinations, shopping, and major Los Angeles attractions, this property combines modern upgrades with income-producing opportunities. The home features 6 updated spacious bedrooms, 4 updated bathrooms, and a thoughtfully designed floor plan filled with natural light. Recently renovated throughout, the property boasts a brand-new roof, new HVAC system, new mini splits in each individual room, and has been recently fumigated for added peace of mind. Elegant finishes and tasteful furnishings create a warm and inviting atmosphere, with beautiful model furniture included in the sale. A bonus room with an additional restroom provides flexible space for a home office, guest accommodations, or future expansion. The city allows for the addition of an ADU (buyer to verify), presenting an excellent opportunity for multigenerational living or increased rental income. Currently operating as a successful Airbnb, this property offers immediate income potential for investors while remaining an ideal primary residence. Conveniently located just minutes from Downtown Los Angeles, Costco, Walmart, USC, LA General Medical Center, Rose Bowl Stadium, SoFi Stadium, and countless dining and entertainment options. Currently business is operating with short-term rentals permitted in this Monterey Park, this property offers potential Airbnb income from $9,000-$11,000 per month. A rare opportunity to own a turnkey property with modern upgrades, future development potential, and a prime Monterey Park location.
Location
Monterey Park, Los Angeles County, CA 91755
Open on Google Maps ↗Listed by: Evon Nguyen · Superior Real Estate Group
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$10,625
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $139,100 · Loan: $1,251,900
Average 30-yr fixed rate 7.03% as of Sep 24, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $8,354
- Property tax (1.25%)
- $1,449
- Homeowners insurance
- $300
- Mortgage insurance
- $522
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 Sep 24, 2026
- 30-year fixed
- 7.03%
- 15-year fixed
- 6.42%
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 $48,685 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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Local Market Stats
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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
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