303 N Nicholson Ave 307
Monterey Park, CA, 91755
$440,000
MLS: TR26068497
Beds
1
Baths
1
Sq Ft
768
Lot
0.76 ac
Year Built
2003
MLS #
TR26068497
Days on Market
17
Listed
Apr 1, 2026
Description
Welcome to 303 N Nicholson Ave #307, a well-maintained 1-bedroom, 1-bathroom condo located in a desirable 55+ senior gated community in the heart of Monterey Park. This third-floor unit offers approximately 768 sq ft of comfortable living space and features laminated wood-look flooring, a spacious kitchen, and a bright, open living area. Built in 2003, the home has been well cared for and is move-in ready. Enjoy the convenience of elevator access and assigned parking, along with a peaceful and well-maintained community designed for senior living. The location is excellent—centrally located in Monterey Park and within walking distance to supermarkets, restaurants, banks, barber shops, and many medical offices, making everyday living easy and convenient. Low HOA fee. Don't miss this great oppourunity to own a comfortable senior home in a highly convenient location.
Location
Monterey Park, Los Angeles County, CA 91755
Open on Google Maps ↗Listed by: Milan Lai · Pinnacle Real Estate Group
Payment estimate
$3,356
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $44,000 · Loan: $396,000
- Principal & Interest
- $2,433
- Property tax (1.25%)
- $458
- Homeowners insurance
- $300
- Mortgage insurance
- $165
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 $15,400 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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