316 Elizabeth
Monterey Park, CA, 91755
$1,099,000
MLS: AR26186101
Beds
3
Baths
2
Sq Ft
1,330
Lot
0.14 ac
Year Built
1927
MLS #
AR26186101
Days on Market
25
Listed
Aug 31, 2026
Description
Welcome to this great duplex. This can be a multi-family residence or a rental property. The front house is a free-standing 2-bedroom, with a Jack-and-Jill bathroom, a living room, a dining area, a laundry area, and a kitchen. It has a one-car garage and its own front yard with mature fruit trees. The property boasts mature fruit trees in the front yard: plum, apple, apricot, avocado, guava, and moringa. Both homes have tile floors, and the front also has newer laminate wood floors, a newer electric panel, and newer central air. The front house has a stove, a fridge, and a one-car garage. The yard between the two homes has Manila mango, Guava, lime, and pomegranate trees. The back house is also freestanding. It has 1 bedroom, 1 bathroom, a living room, and a kitchen with a stove and a washer and dryer. It has its own private backyard and storage shed. Parking is available next to this home inside the gated area. It also has a storage shed for the back house. Both have granite countertops and newer, energy-efficient, dual-pane windows. This property has one APN number and two addresses. The entire property is gated for privacy. The front house has a brand-new roof. You don't want to miss this opportunity. Please schedule on Showing time. Thank you
Location
Monterey Park, Los Angeles County, CA 91755
Open on Google Maps ↗Listed by: Christianna Schreifels · TNG Real Estate Consultants
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$8,457
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $109,900 · Loan: $989,100
Average 30-yr fixed rate 7.03% as of Sep 24, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $6,600
- Property tax (1.25%)
- $1,145
- Homeowners insurance
- $300
- Mortgage insurance
- $412
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 Sep 24, 2026
- 30-year fixed
- 7.03%
- 15-year fixed
- 6.42%
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 $38,465 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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