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$1,049,000
Original list price: $980,000
MLS: OC26042358
Beds
3
Baths
2
Sq Ft
1,362
Lot
0.23 ac
Year Built
1956
MLS #
OC26042358
Days on Market
41
Listed
Mar 3, 2026
Description
Located in the highly desirable city of Monterey Park and within the sought-after Brightwood School area, this versatile property offers approximately 1,362 square feet of living space on a generously sized lot with a flexible layout ideal for multi-generational living or extended family use. Situated in a quiet and well-established residential neighborhood, the home features two separate living areas with private entrances, offering added privacy and functionality. One section of the home includes its own kitchenette, living area, and flexible-use space that may offer potential for a future junior ADU conversion (buyer to verify all possibilities, permits, and requirements with the city). The spacious lot provides ample outdoor space for entertaining, gardening, or future possibilities. Conveniently located near shopping, dining, parks, schools, and major freeways, the property offers easy access to Downtown Los Angeles and surrounding areas while maintaining the comfort of a peaceful neighborhood setting. A rare opportunity to own a versatile home with multi-generational living flexibility and future potential in one of Monterey Park’s most desirable communities.
Location
Monterey Park, Los Angeles County, CA 91754
Open on Google Maps ↗Listed by: Wenjing Yan · Real Broker
Payment estimate
$7,760
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $104,900 · Loan: $944,100
- Principal & Interest
- $5,974
- Property tax (1.25%)
- $1,093
- Homeowners insurance
- $300
- Mortgage insurance
- $393
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 May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
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 $36,715 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
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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