532 W Gleason Street, Monterey Park, California 91754, Monterey Park, 91754 - 3 bed, 2 bath
ACTIVE$880,000
532 W Gleason Street, Monterey Park, California 91754
3Beds
2Baths
1,420Sqft
5,333Lot
Year Built
1947
Close
-
List price
$880K
Original List price
$920K
Price/Sqft
$620
HOA
-
Days on market
-
Sold On
-
MLS number
WS24166097
Home ConditionFair
Features
Good View: Neighborhood
ViewNeighborhood
About this home
We found 2 Cons,3 Pros. Rank: price - $880.0K(35th), sqft - 1420(50th), beds - 3(50th), baths - 2(50th).
Excellent location! Introducing a rare find! A delightful 1420 Square feet house that features 3 bedrooms and 2 baths and a den that can be use as a 4 bedroom. It is located in the city of Monterey Park. Walking distance to East Los Angeles City College and easy excess to the 60 Pomona Freeway. Great investment potential to rent to college students. Don’t miss out!
Condition Rating
Fair
The property was built in 1947. The images show an aged but maintained property. The kitchen and bathrooms appear functional but outdated. While the listing mentions 'great investment potential,' the images suggest that updates would be beneficial to maximize rental income. Therefore, a 'fair' condition score is appropriate.
Pros & Cons
Pros
Excellent Location: The property is situated in a desirable location in Monterey Park, offering convenient access to amenities and transportation.
Investment Potential: The property presents a great investment opportunity, particularly for renting to college students due to its proximity to East Los Angeles City College.
Flexible Living Space: Features a den that can be used as a 4th bedroom, providing flexibility for families or renters.
Cons
Year Built: The property was built in 1947, which may require updates or renovations to meet modern standards.
Price Reduction: The property has experienced a price reduction, which may indicate underlying issues or market challenges.