ActiveCondominium

500 S Garfield A

Monterey Park, CA, 91754

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$638,000

MLS: CV26089210

Beds

3

Baths

3

Sq Ft

1,251

Lot

0.34 ac

Year Built

1979

MLS #

CV26089210

Days on Market

18

Listed

Apr 24, 2026

Description

Welcome to this beautifully upgraded townhouse ideally situated in the heart of Monterey Park and located within the highly regarded Alhambra Unified School District, often recognized among the top school districts in the San Gabriel Valley and Los Angeles County. Located at 500 S Garfield Ave #A, this home offers one of the best locations in the community with only one shared wall for added privacy. Recent upgrades include new flooring and carpet throughout, fresh interior paint, remodeled upstairs bathrooms, new vanities and mirrors in all bathrooms, a new patio door, new blinds, a new garbage disposal, and updated lighting fixtures, creating a clean, modern, and move-in ready living space. The property also features a spacious 2-car garage with direct access, providing everyday convenience and added security. Enjoy low HOA fees that cover water, trash, and insurance. Just minutes from schools, shopping, dining, and easy freeway access, this townhouse is ideal for both owner-occupants and investors seeking comfort, convenience, and value in a prime Monterey Park location.

Location

Monterey Park, Los Angeles County, CA 91754

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Listed by: Christian Munive · DYNASTY REAL ESTATE

Payment estimate

$4,784

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $63,800 · Loan: $574,200

%
Principal & Interest
$3,580
Property tax (1.25%)
$665
Homeowners insurance
$300
Mortgage insurance
$239
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Today's Rates

As of May 7, 2026

30-year fixed
6.37%
15-year fixed
5.72%

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 $22,330 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.

#1 Producing Individual Realtor — Antelope Valley

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.