417 E Emerson Avenue
Monterey Park, CA, 91755
$1,088,000
MLS: AR26071005
Beds
3
Baths
3
Sq Ft
1,628
Lot
0.16 ac
Year Built
1922
MLS #
AR26071005
Days on Market
12
Listed
Apr 7, 2026
Description
Location meets potential! This rare Monterey Park gem offers incredible flexibility and opportunity. The house feathers 3 bedrooms and 3 bathrooms across 1628 sf, complemented by several newly installed double paned windows. Its versatile floor plan includes multiple bonus spaces. Upon entry, you’re welcomed by a spacious living room that connects to a formal dining area. The large master suite includes a private en-suite bathroom, while a second bedroom sits conveniently next to a full bath. The kitchen finished with granite countertops, opens to a cozy family room. One of the original bedrooms has been thoughtfully divided into two separate spaces, each equipped with its own mini-split AC unit. The converted garage provides two additional functional rooms (both with mini-split ACs, unpermitted), adding even more flexibility for a home office, studio, or hobby area. Step outside to a large, permitted patio provides the perfect shaded setting for major family gatherings. Situated on a generous 6,842 sq. ft. R2 zoned lot, this property is a developer’s dream with \great potential for a second unit or ADU (Buyer to verify with City). The expansive backyard is a true private orchard, featuring a lush variety of mature fruit trees including guava, lemon, avocado, fig, pomegranate, loquat, passion fruit, citrus, grapes and more. This property is a standout choice for those seeking a spacious residence or a high upside investment. Enjoy living just minutes from Mark Keppel High School, vibrant shopping centers, popular restaurants, and local parks, all with seamless access to the 10 Freeway.
Location
Monterey Park, Los Angeles County, CA 91755
Open on Google Maps ↗Listed by: Yuling Lee · Treelane Realty Group Inc.
Payment estimate
$7,858
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $108,800 · Loan: $979,200
- Principal & Interest
- $6,016
- Property tax (1.25%)
- $1,133
- 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 $38,080 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.
Similar Homes Nearby
Active and pending listings in ZIP 91755 (Monterey Park) within ±10% of this home's price and size.
$990,000
521 South Alhambra Avenue
Monterey Park, 91755
$999,900
273 Starbird Drive
Monterey Park, 91755
$1,050,000
432 S Alhambra Avenue H
Monterey Park, 91755
$1,089,000
220 E Hellman
Monterey Park, 91755
$1,090,000
1947 Palm Avenue
Monterey Park, 91755
$1,129,800
1567 Fulton
Monterey Park, 91755
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.