ActiveSingleFamilyResidence

508 Encanto Ln

Monterey Park, CA, 91755

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$950,000

MLS: WS26098271

Beds

3

Baths

3

Sq Ft

1,756

Lot

0.87 ac

Year Built

2016

MLS #

WS26098271

Days on Market

4

Listed

May 6, 2026

Description

Welcome to this charming modern home located in a desirable gated community in Monterey Park. Built in 2016, this beautiful upgraded residence offers 1756 sq ft of well-designed living space with fresh exterior paint and stylish modern finishes throughout. As you enter, the hallway leads to a bright and open living room connected seamlessly to the dining area and kitchen. The home features engineered wood flooring throughout the living room, dining area, and kitchen, along with built-in speakers in the living room. The upgraded kitchen showcases self-closing cabinets and drawers, quartz countertops, a center island, designer backsplash, and high-end Thermador stove and dishwasher appliances. A spacious walk-in pantry and downstairs powder room add convenience. Recessed lighting is installed throughout the home, and the staircase features upgraded handrails. Upstairs, the spacious primary suite offers abundant natural light and privacy, features a luxurious bathroom with dual vanities, separate bathtub and shower, and a large walk-in closet. Two additional bedrooms share a hallway bathroom with dual vanities. The laundry room is conveniently located on the second floor. Enjoy the private backyard, epoxy-finished garage floor, EV charger installation, tankless water heater, and fully paid-off solar system. The property also includes a two-car garage and additional driveway parking. Community amenities include picnic area, BBQ area, conveniently located near Costco, Home depot, restaurant, and with easy access to the 60 freeway.

Location

Monterey Park, Los Angeles County, CA 91755

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Listed by: YANHUA LIU · RE/MAX ELITE REALTY

Payment estimate

$7,056

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $95,000 · Loan: $855,000

%
Principal & Interest
$5,410
Property tax (1.25%)
$990
Homeowners insurance
$300
Mortgage insurance
$356
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Today's Rates

As of May 21, 2026

30-year fixed
6.51%
15-year fixed
5.85%

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 $33,250 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.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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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.