ActiveSingleFamilyResidence

209 Graves Avenue E

Monterey Park, CA, 91755

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$1,538,000

MLS: TR26052012

Beds

5

Baths

4

Sq Ft

3,512

Lot

0.19 ac

Year Built

1958

MLS #

TR26052012

Days on Market

19

Listed

Mar 31, 2026

Description

Rare opportunity in the highly sought-after Monterey Park! This expansive two-story residence offers approximately 3,512 sq ft of living space on an 8,186 sq ft lot, featuring 5 bedrooms and 4 bathrooms—an ideal layout for large or multi-generational households. The home showcases a functional and flexible floor plan with generous living areas, providing both comfort and strong potential for customization or value-add improvements. Located within an award-winning school district, this property presents exceptional long-term value for both owner-users and investors. Positioned in the heart of the San Gabriel Valley, the property enjoys unbeatable convenience—just minutes from major shopping centers, popular dining destinations, supermarkets, parks, and daily amenities, with easy access to the I-10 Freeway for seamless commuting. Property to be sold strictly in its present AS-IS condition. Seller will NOT make repairs or provide any credits. Recent property updates include termite treatment (2021), roof replacement in recent years. Priced to sell. Exceptional opportunity with strong upside potential—properties of this size and location rarely come to market. Seller is motivated and will review all serious offers.

Location

Monterey Park, Los Angeles County, CA 91755

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Listed by: Shu Wang · RE/MAX Galaxy

Payment estimate

$10,984

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $153,800 · Loan: $1,384,200

%
Principal & Interest
$8,505
Property tax (1.25%)
$1,602
Homeowners insurance
$300
Mortgage insurance
$577
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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 $53,830 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.

Local Market Stats

See Monterey Park, CA 91755 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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