ActiveSingleFamilyResidence

501 Almora Street

Monterey Park, CA, 91754

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$1,150,000

MLS: DW26055392

Beds

3

Baths

2

Sq Ft

1,816

Lot

0.14 ac

Year Built

1948

MLS #

DW26055392

Days on Market

36

Listed

Mar 13, 2026

Description

Charming 3-Bedroom Home in Monterey Park Welcome to this inviting 3-bedroom, 2-bathroom home nestled in a desirable neighborhood of Monterey Park. Designed for comfort and everyday living, the home features central heating and air conditioning, keeping you comfortable year-round. Step into the spacious living room with a cozy fireplace, perfect for relaxing evenings or entertaining guests. The functional layout offers a bright and welcoming atmosphere throughout the home. Outside, you’ll find a wood-fenced yard that provides privacy and space for outdoor gatherings, gardening, or simply enjoying the California sunshine. Additional highlights include a two-car garage, offering ample parking and storage. Conveniently located in Monterey Park, this home is close to local shopping, dining, parks, and major commuter routes—making it an excellent opportunity for homeowners seeking comfort, convenience, and community.

Location

Monterey Park, Los Angeles County, CA 91754

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Listed by: Juan Violante · High Ten Partners, Inc.

Payment estimate

$8,288

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $115,000 · Loan: $1,035,000

%
Principal & Interest
$6,359
Property tax (1.25%)
$1,198
Homeowners insurance
$300
Mortgage insurance
$431
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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 $40,250 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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