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121 Electric Avenue, Monterey Park, California 91754, Monterey Park, 91754 - 3 bed, 2 bath

121 Electric Avenue, Monterey Park, California 91754 home-pic-0
ACTIVE UNDER CONTRACT$698,000
121 Electric Avenue, Monterey Park, California 91754
3Beds
2Baths
950Sqft
5,778Lot
Year Built
1928
Close
-
List price
$698K
Original List price
$698K
Price/Sqft
$735
HOA
-
Days on market
-
Sold On
-
MLS number
AR25251088
Home ConditionFair
Features
View

About this home

Great Deal:The estimated price is 5% above the list price. We found 4 Cons,5 Pros. Rank: price - $698.0K(4th), sqft - 950(10th), beds - 3(50th), baths - 2(50th).

Welcome to this charming single-family residence nestled in one of Monterey Park’s most convenient neighborhoods. Sitting on a spacious 5885 sq ft lot, it offers plenty of character, natural light, and everyday comfort. The main unit features a bright living area, functional kitchen, and two comfortable bedrooms. A bonus unit with its own entrance adds extra flexibility. Title shows 2 bedrooms and 2 bathrooms. The backyard is private, perfect for relaxing, or future ADU potential. Close to parks, schools, local shops, and easy freeway access to downtown LA and the rest of the San Gabriel​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​‌​​‌‌​​‌‌​​‌‌​​​​ Valley.

Price History

Date
Event
Price
12/01/25
Listing
$698,000
Condition Rating
Fair
Built in 1928, the property shows a mix of updates and original features. The bathroom has been recently renovated with modern tiles and vanity, and the flooring appears updated. A mini-split AC unit is a modern addition. However, the kitchen, from the visible glimpse, appears dated with older appliances and finishes. The overall age of the property suggests that major systems may be outdated, requiring minor updates and potential future investment to bring it to modern standards.
Pros & Cons

Pros

Prime Location & Accessibility: Nestled in one of Monterey Park’s most convenient neighborhoods, offering easy access to parks, schools, local shops, and freeways for quick commutes to downtown LA and the San Gabriel Valley.
ADU Potential & Flexible Living: Features a bonus unit with its own entrance, providing extra flexibility for living arrangements or rental income, and a private backyard with future ADU potential.
Generous Lot Size: Sits on a spacious 5778 sq ft lot, offering ample outdoor space for relaxation, gardening, or future expansion possibilities like an ADU.
Charming Character & Natural Light: A charming single-family residence built in 1928, boasting plenty of character and abundant natural light throughout the main living areas.
Private Backyard: The property includes a private backyard, ideal for outdoor entertaining, relaxation, or creating a personal oasis.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Age and Potential for Outdated Systems: Built in 1928, the property may have older infrastructure (plumbing, electrical, HVAC) that could require significant updates or maintenance in the near future.
Compact Interior Square Footage: With only 950 sqft for 3 bedrooms and 2 bathrooms, the interior living space is quite compact, which may feel restrictive for some buyers or larger households.
Ambiguous Bedroom Count/Layout: The description states 'Title shows 2 bedrooms and 2 bathrooms' while the listing indicates 3 bedrooms, and mentions a 'bonus unit,' which could lead to confusion regarding the legal bedroom count and overall layout.

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