220 E Hellman
Monterey Park, CA, 91755
$1,089,000
MLS: WS26052986
Beds
3
Baths
2
Sq Ft
1,469
Lot
0.20 ac
Year Built
1938
MLS #
WS26052986
Days on Market
33
Listed
Mar 17, 2026
Description
Prime Development Opportunity in the heart of Monterey Park! Rare R3-zoned property on a large, flat 8,528 SF lot (approx. 55’ x 155’) offering outstanding potential for homeowners, investors, or future development.Located in one of the most convenient areas of Monterey Park, the property is within walking distance to the highly regarded Mark Keppel High School and just minutes to shopping centers, supermarkets, restaurants, hospitals, freeways, and public transportation.The existing two-story home features 3 bedrooms and 2 bathrooms, with two spacious bedrooms downstairs and one upstairs, making it ideal for flexible living arrangements. Recent upgrades include: Brand NEW roof. Brand NEW AC. Newly renovated bathroom.Fresh interior paint. The home also offers an updated kitchen with granite countertops and newer cabinetry, plus a laundry room with side-by-side washer/dryer hookups and utility sink. Modern conveniences include a 220V EV charging outlet already installed and an automatic gated driveway entrance providing added security and privacy. The large, level lot is truly a rare find and features a private orchard and garden paradise filled with many mature fruit trees and vegetables. Enjoy harvesting your own loquat, lychee, dragon fruit, guava, jujube, fig, peach, grapes, papaya, mulberry, pomelo, pomegranate and more—perfect for those who love farm-to-table living right at home. Additional features include two bonus workshop/accessory rooms next to the garage with attic storage space. This is a rare opportunity to own a versatile property combining prime location, excellent schools, development potential, and a private garden lifestyle in one of Monterey Park’s most sought-after neighborhoods. Property sold AS-IS & WHERE-IS. Buyers to verify zoning, permits, and development possibilities with the City of Monterey Park. Information deemed reliable but not guaranteed.
Location
Monterey Park, Los Angeles County, CA 91755
Open on Google Maps ↗Listed by: XIAOQING WANG · Pinnacle Real Estate Group
Payment estimate
$7,865
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $108,900 · Loan: $980,100
- Principal & Interest
- $6,022
- Property tax (1.25%)
- $1,134
- Homeowners insurance
- $300
- Mortgage insurance
- $408
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 $38,115 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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