Under ContractSingleFamilyResidence

1718 S Mcpherrin

Monterey Park, CA, 91754

1 / 44View all 44 photos

$988,000

MLS: AR26063382

Beds

3

Baths

1

Sq Ft

1,115

Lot

0.14 ac

Year Built

1950

MLS #

AR26063382

Days on Market

23

Listed

Mar 24, 2026

Description

City light views. Charming single level home nestled on a quiet cul- de- sac in desirable Monterey park. This 3 Bedroom, 1 Bath residence offers 1115 sq.fr. of living space on a generous sized lot. This home blends classic character with fresh updates, including newly painted interior and exterior. Step inside to a spacious living room featuring beautiful wood flooring, perfect for relaxing or entertaining. The adjacent dining area provides a welcoming space for family meals and gatherings. An enclosed patio adds valuable versatility-ideal for a family room, home office, or creative space.

Location

Monterey Park, Los Angeles County, CA 91754

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Listed by: Pamela DelRey · Art Del Rey Realty, Inc.

Payment estimate

$7,163

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $98,800 · Loan: $889,200

%
Principal & Interest
$5,463
Property tax (1.25%)
$1,029
Homeowners insurance
$300
Mortgage insurance
$371
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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 $34,580 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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