PendingSingleFamilyResidence

209 W Markland Drive

Monterey Park, CA, 91754

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$798,000

MLS: CV26093194

Beds

3

Baths

2

Sq Ft

1,423

Lot

0.14 ac

Year Built

1949

MLS #

CV26093194

Days on Market

7

Listed

Apr 29, 2026

Description

Investors this is the one you have been waiting for. The possibilities here are huge. Welcome to opportunity, upside, and serious potential at 209 W Markland Drive in the heart of Monterey Park. Sitting on an expansive nearly 10,000 sq ft lot, this property is the kind that gets investors, builders, and creative homeowners excited. The existing home offers a comfortable 3 bedroom, 2 bathroom layout with multiple living spaces including a formal living room, family room, and a bright breakfast nook but the real story here is what you can do next. The oversized lot, long driveway, and detached garage open the door to a wide range of possibilities. Think ADU for rental income, multi generational living, or even a full reimagining of the space. There is ample room for expansion, outdoor entertaining, or creating your own private compound. Whether you are looking to live in it, rent it out, or build something bigger, this is a canvas with serious upside. Location is where this one really shines. You are just minutes from Atlantic Times Square featuring dining, shopping, and entertainment including AMC Atlantic Times Square 14. Grab groceries at 99 Ranch Market or Costco Wholesale, and enjoy some of the best local eats in the San Gabriel Valley like Delicious Food Corner, NBC Seafood Restaurant, and Ootoro Sushi. Coffee and tea lovers are covered with nearby favorites like Starbucks and Half & Half Tea Express just a short drive away. For healthcare convenience, Garfield Medical Center is close by, adding another layer of practicality to the location. Commuting is effortless with quick access to the Interstate 10, Interstate 60, and Interstate 710, putting Downtown Los Angeles, Pasadena, and beyond within easy reach. Properties with this lot size, layout, and potential do not come around often especially in a prime Monterey Park neighborhood. Whether you are an investor or a homeowner with vision, this is where possibilities meet location.

Location

Monterey Park, Los Angeles County, CA 91754

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Listed by: Mike Chou · K.W. EXECUTIVE

Payment estimate

$5,975

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $79,800 · Loan: $718,200

%
Principal & Interest
$4,544
Property tax (1.25%)
$831
Homeowners insurance
$300
Mortgage insurance
$299
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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 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 $27,930 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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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.