195 N Nicholson Avenue
Monterey Park, CA, 91755
$889,000
MLS: AR26010502
Beds
3
Baths
3
Sq Ft
1,626
Lot
0.78 ac
Year Built
1989
MLS #
AR26010502
Days on Market
78
Listed
Jan 15, 2026
Description
Welcome to 195 N Nicholson Ave, a fully remodeled 3-bedroom, 2.5-bath townhouse offering a functional layout, quality upgrades, and exceptional parking in a desirable Monterey Park location. Unlike many newer builds, this home features a more traditional floor plan, with clearly defined living spaces that provide separation, privacy, and everyday comfort. The remodeled kitchen has been updated with modern cabinetry, upgraded countertops, and contemporary finishes, offering a practical and stylish space for daily use. All bathrooms have been thoughtfully renovated with clean, modern finishes and updated fixtures. The three bedrooms are well-proportioned, providing flexibility for families, home office needs, or guests. A major highlight of the property is the rare three-car garage, offering ample space for parking, storage, or hobby use, an outstanding feature in the Monterey Park townhouse market. Fully updated and move-in ready, this home is conveniently located near shopping, dining, schools, and major transportation routes, making it an excellent opportunity for owner-occupants or long-term investors seeking turnkey value.
Location
Monterey Park, Los Angeles County, CA 91755
Open on Google Maps ↗Listed by: Shumei Kam · High Ten Partners, Inc.
Payment estimate
$6,475
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $88,900 · Loan: $800,100
- Principal & Interest
- $4,916
- Property tax (1.25%)
- $926
- Homeowners insurance
- $300
- Mortgage insurance
- $333
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 $31,115 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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