Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

829 Hershey Avenue

Monterey Park, CA, 91755

1 / 13View all 13 photos

$1,200,000

MLS: TR25145609

Beds

7

Baths

5

Sq Ft

2,326

Lot

0.17 ac

Year Built

1915

MLS #

TR25145609

Days on Market

278

Listed

Jun 29, 2025

Description

Prime location in a desirable part of Monterey Park. Rare Investment Opportunity. Single Story 7bedrooms 5bathrooms (4 units )Home with Safety Fire Sprinkler System. All units in excellent condition. Newly Upgraded Kitchen with Quartz Counter Top. Dual Pane Windows. Laminated Wood Floors. Security Gated Side Entry. Coin operated laundry facilities on site, all units include a refrigerator and 2 mini split AC. Convenient location close to schools, stores, and easy access to freeway.

Location

Monterey Park, Los Angeles County, CA 91755

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Listed by: Yingli Thurston · Frontier Realty

Payment estimate

$8,636

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $120,000 · Loan: $1,080,000

%
Principal & Interest
$6,636
Property tax (1.25%)
$1,250
Homeowners insurance
$300
Mortgage insurance
$450
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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 $42,000 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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