1947 Palm Avenue
Monterey Park, CA, 91755
$1,090,000
MLS: WS26075987
Beds
4
Baths
3
Sq Ft
1,813
Lot
0.17 ac
Year Built
1960
MLS #
WS26075987
Days on Market
12
Listed
Apr 8, 2026
Description
Beautiful view of DTLA! The perfect combination of single-story and two-story residence located in the desirable area in Monterey Park. The property features 4 bedrooms and 3 bathrooms, showcasing a mixture of elegance and modern touch. Stepping through the delightful front porch, the living room with light pouring through the windows welcomes you. The chef’s kitchen impresses with premium stainless-steel appliances, modern cabinetries and new countertops. The living room creates a seamless connection of indoor and outdoor. The three bedrooms and two bathrooms downstairs provides convenience, the master bedroom on top of the garage provides privacy. The whole house has been updated with all new floors throughout, interior exterior painting, brand new AC and tankless water heater. Moreover, the whole house was repiped. The beautiful pool in the backyard is perfect for entertainment and relaxation. The property is located minutes to the Market Place with big retailers such as Costco, Home Depot…, Hillcrest Elementary School which is bilingual, freeway and parks. This hidden GEM is ready for you to discover.
Location
Monterey Park, Los Angeles County, CA 91755
Open on Google Maps ↗Listed by: JING FAN · Pinnacle Real Estate Group
Payment estimate
$7,872
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $109,000 · Loan: $981,000
- Principal & Interest
- $6,027
- Property tax (1.25%)
- $1,135
- Homeowners insurance
- $300
- Mortgage insurance
- $409
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 $38,150 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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