ActiveSingleFamilyResidence

205 N Nicholson Avenue

Monterey Park, CA, 91755

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$889,000

MLS: AR25255778

Beds

3

Baths

3

Sq Ft

1,626

Lot

0.77 ac

Year Built

1989

MLS #

AR25255778

Days on Market

147

Listed

Nov 7, 2025

Description

Partially remodeled townhome in the heart of Monterey Park, located within a well-maintained 10-unit planned unit development. This spacious home features 3 bedrooms, 2.5 bathrooms, and a rare 3-car garage, offering plenty of space for both living and storage. Each unit in the complex sits on its own parcel, making it an excellent option for both homeowners and investors. Ideally situated just steps from Garvey Avenue’s shops, restaurants, and public transit, this turnkey property offers convenience, comfort, and long-term value.

Location

Monterey Park, Los Angeles County, CA 91755

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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
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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 $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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