ActiveCondominium

740 S Garfield Avenue

Monterey Park, CA, 91754

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$748,000

Original list price: $799,000

MLS: AR25096753

Beds

3

Baths

2

Sq Ft

1,447

Lot

0.03 ac

Year Built

1978

MLS #

AR25096753

Days on Market

150

Listed

Jul 30, 2025

Description

3 Story townhouse in the beautiful and desirable Garfield Estates neighborhood. The estate features 3 bedrooms , 2 baths, an inviting living room with high vaulted ceilings, stone fireplace, and an abundance of natural light with new flooring throughout. Glass sliding doors opens from the living room to a private backyard and patio providing plenty of cover for entertainment and relaxation. The main floor houses 2 spacious bedrooms, a full bath, a spacious dining area and a newly refreshed kitchen with a large center island addition. The primary suite is situated privately on the top floor with 2 individual walk-in closets. Attached garage on bottom floor with washer/dryer hookups and plenty of storage space. Coveted Alhambra Unified School District! Convenient location!

Location

Monterey Park, Los Angeles County, CA 91754

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Listed by: Karl Wong · ALTC Realty

Payment estimate

$5,884

/ month (est.)

Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $74,800 · Loan: $673,200

%

Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.

$/ mo
Principal & Interest
$4,264
Property tax (1.25%)
$779
Homeowners insurance
$300
Mortgage insurance
$281
HOA dues
$260
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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 Jun 11, 2026

30-year fixed
6.52%
15-year fixed
5.84%

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 $26,180 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

See Monterey Park, CA 91754 market trends →

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.