ActiveSingleFamilyResidence

2024 S Grandridge Ave

Monterey Park, CA, 91754

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$1,249,880

MLS: OC26077220

Beds

4

Baths

3

Sq Ft

1,936

Lot

0.20 ac

Year Built

1949

MLS #

OC26077220

Days on Market

9

Listed

Apr 10, 2026

Description

Beautifully renovated in 2026, this turnkey single-story home in Monterey Park features 4 bedrooms and 3 bathrooms across approximately 1,936 square feet of thoughtfully designed living space. No detail was overlooked in the renovation, including a brand-new roof, all-new dual-pane sound-insulated windows, upgraded HVAC system, new flooring throughout, and a fully remodeled modern kitchen with sleek cabinetry and quality finishes—offering both style and everyday comfort for owner-occupants. Adding exceptional value, the property includes a detached garage connected to a fully equipped ADU studio with its own kitchen and bathroom. This flexible space presents an excellent opportunity for rental income, multi-generational living, or a private workspace—making it an ideal property for both homeowners and investors seeking additional cash flow. Situated on a generous lot, the backyard offers ample room for future expansion or customization, further enhancing the property’s long-term value and investment potential. Ideally located in a highly desirable Monterey Park neighborhood, the home is just minutes from vibrant shopping and dining along Garvey Avenue and Atlantic Boulevard, with convenient access to the 10, 60, and 710 freeways for an easy commute to Downtown Los Angeles and surrounding areas. Don’t miss this rare opportunity to own a fully renovated, income-producing property in a prime location—schedule your private tour today.

Location

Monterey Park, Los Angeles County, CA 91754

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Listed by: Jessie Cao · Latitude 33 Real Estate

Payment estimate

$8,982

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $124,988 · Loan: $1,124,892

%
Principal & Interest
$6,912
Property tax (1.25%)
$1,302
Homeowners insurance
$300
Mortgage insurance
$469
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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 $43,746 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.

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