PendingSingleFamilyResidence

255 E Riggin

Monterey Park, CA, 91755

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$848,000

MLS: OC26053189

Beds

3

Baths

1

Sq Ft

936

Lot

0.14 ac

Year Built

1948

MLS #

OC26053189

Days on Market

16

Listed

Mar 11, 2026

Description

Welcome to 255 E. Riggin Street in the desirable city of Monterey Park! This charming single-story home features 3 well-appointed bedrooms and 1 bathroom, offering a comfortable and functional living space. With 936 square feet, the home feels more spacious than expected due to its open layout and seamless flow throughout. Interior highlights include plush carpeting in the bedrooms, recessed lighting, and double-pane windows that enhance comfort and energy efficiency. The floor plan provides a warm and inviting atmosphere, ideal for both everyday living and entertaining. Step outside to a tiered backyard featuring mature lemon trees, offering a pleasant outdoor setting with potential for customization and future improvements to suit your vision. Conveniently located with easy access to major freeway corridors including the 60, 710, 10, and 5, this home provides excellent connectivity to surrounding cities, shopping, dining, and local amenities. This property presents a wonderful opportunity to move in comfortably while adding your own personal touches over time. Make an appointment to view today!

Location

Monterey Park, Los Angeles County, CA 91755

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Listed by: Linh Tran · Meridox Real Estate

Payment estimate

$6,191

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $84,800 · Loan: $763,200

%
Principal & Interest
$4,689
Property tax (1.25%)
$883
Homeowners insurance
$300
Mortgage insurance
$318
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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 $29,680 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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