Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

417 W Emerson

Monterey Park, CA, 91754

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$1,088,000

MLS: AR25256617

Beds

2

Baths

2

Sq Ft

1,055

Lot

0.09 ac

Year Built

1940

MLS #

AR25256617

Days on Market

155

Listed

Nov 7, 2025

Description

Welcome to your opportunity to own a home in one of Monterey Park’s most desirable neighborhoods! Ideally located across from the Senior Center and within walking distance of shops and restaurants, this charming, privately gated single-story residence has been beautifully renovated throughout. This home features 2 bedrooms and 2 bathrooms (there is a loft area that can be converted into a 3rd bedroom), along with numerous upgrades including a new electrical panel, new copper plumbing, new sewer line, and central air and heat complemented by two additional mini-split AC units—one in each bedroom. Enjoy new wood flooring throughout, a tastefully updated kitchen with granite countertops, a specialty high-heat cooking stove, and ample cabinetry for storage. Step outside to your cozy backyard retreat, complete with a covered patio area—perfect for entertaining or simply relaxing in privacy. Don’t miss this wonderful opportunity!

Location

Monterey Park, Los Angeles County, CA 91754

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Listed by: Katherine Quach · Treeline Realty & Investment

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
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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 $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.

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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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