321 N Orange 104, Monterey Park, California 91755, Monterey Park, 91755 - 2 bed, 2 bath
ACTIVE$498,000
321 N Orange 104, Monterey Park, California 91755
2Beds
2Baths
987Sqft
27,564Lot
Year Built
1994
Close
-
List price
$498K
Original List price
$498K
Price/Sqft
$505
HOA
$225
Days on market
-
Sold On
-
MLS number
CV25098615
Home ConditionFair
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $498.0K(20th), sqft - 987(15th), beds - 2(20th), baths - 2(25th).
Discover serenity in this stunning senior condo.
Nearby schools
9/10
Monterey Vista Elementary School
Public,•K-6•0.7mi
6/10
Garvey (Richard) Intermediate School
Public,•7-8•0.6mi
9/10
Mark Keppel High School
Public,•9-12•0.3mi
Price History
Date
Event
Price
05/06/25
$498,000
Condition Rating
Fair
The property was built in 1994, making it 31 years old. The provided image is only of the building's exterior entrance, which appears well-maintained but exhibits an older architectural style consistent with its age. Without any interior images, it is impossible to assess the condition, style, and features of the kitchen, bathrooms, appliances, flooring, or other interior components. However, given the property's age and the absence of any mention of recent major renovations, it is highly probable that the interior finishes are original or were updated more than 15-20 years ago, suggesting they are functional but likely outdated. This aligns with the 'Fair' condition criteria, where major components are functional but show signs of being outdated, and the property is aged but maintained through regular upkeep.
Pros & Cons
Pros
Desirable Location: Located in Monterey Park, a highly sought-after city in the San Gabriel Valley known for its vibrant community, amenities, and convenient access.
Modern Construction Year: Built in 1994, this condominium offers a relatively modern construction, suggesting better structural integrity and potentially updated systems compared to older units.
Functional Layout & Size: With 2 bedrooms, 2 bathrooms, and 987 sqft, the unit provides a practical and comfortable living space, well-suited for its target demographic.
Low Association Fee: The remarkably low association fee of $225.0 per month significantly reduces ongoing ownership costs, making the property more financially appealing.
Fresh Market Entry: Being a new listing (on-market date 2025-05-06) positions the property to capture immediate buyer attention and interest without prior market fatigue.
Cons
Age-Restricted Community: Designated as a 'senior condo,' this property is subject to age restrictions (e.g., 55+), which significantly limits the potential buyer pool and marketability.
Lack of Desirable Views: The property explicitly states 'view: None,' indicating an absence of scenic or appealing outlooks, which can be a drawback for some condo buyers.
Condominium Lifestyle Limitations: As a condominium, the property entails shared walls, common area rules, and potential limitations on personal modifications, which may not appeal to all buyers seeking more autonomy.