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901 W El Repetto Drive, Monterey Park, California 91754, Monterey Park, 91754 - 5 bed, 5 bath

901 W El Repetto Drive, Monterey Park, California 91754 home-pic-0
ACTIVE$1,698,000
901 W El Repetto Drive, Monterey Park, California 91754
5Beds
5Baths
2,950Sqft
10,517Lot
Year Built
1956
Close
-
List price
$1.7M
Original List price
$1.7M
Price/Sqft
$576
HOA
-
Days on market
-
Sold On
-
MLS number
OC25127594
Home ConditionFair
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $1.70M(94th), sqft - 2950(88th), beds - 5(88th), baths - 5(90th).

Welcome to an exceptional investment opportunity in a quiet community. This meticulously upgraded property boasts 8 spacious bedrooms and 6 well-appointed bathrooms, thoughtfully planned by the owner for maximum comfort and functionality. Located in a top-rated school district with scores of 9/9/10, including an award-winning elementary school and a perfect high school, this home is ideal for families and investors alike. This property is also Airbnb-eligible, offering exceptional cash flow potential through short-term rentals. Its standout location puts you within walking distance of East Los Angeles College and just a 10-minute drive to USC, DTLA, and Cal State LA, as well as being close to major supermarkets, Garfield Medical Center, and a host of professional service providers. The home features a complete, high-end renovation with a brand-new roof, water heater, and meticulously maintained indoor/outdoor AC units. With parking available for up to 8 vehicles, this property presents a rare and lucrative investment opportunity in one of the most sought-after areas. Don't miss out on this extraordinary investment opportunity—schedule your private tour today and envision the future of upscale living and unmatched returns.

Nearby schools

6/10
Bella Vista Elementary School
Public,•K-5•0.9mi
7/10
Brightwood Elementary School
Public,•K-8•0.6mi
4/10
Macy Intermediate School
Public,•6-8•1.2mi
5/10
Schurr High School
Public,•9-12•1.6mi
9/10
Mark Keppel High School
Public,•9-12•2.3mi
Condition Rating
Fair
The property, built in 1956, has been renovated, but the kitchen cabinets appear dated, and the appliances are not high-end. The bathrooms show signs of age with older fixtures and shower doors. While the flooring and some lighting have been updated, the overall condition suggests a fair rating due to the age of the property and the need for further modernization in key areas like the kitchen and bathrooms.
Pros & Cons

Pros

Investment Potential: The property is Airbnb-eligible, offering significant cash flow potential through short-term rentals.
Large Capacity: Boasts 8 bedrooms and 6 bathrooms, suitable for large families or rental opportunities.
Prime Location: Walking distance to East Los Angeles College and a short drive to USC, DTLA, and Cal State LA.
Top-Rated School District: Located in a highly desirable school district with excellent ratings (9/9/10).
Recent Renovation: Features a complete, high-end renovation including a new roof and water heater.

Cons

Year Built: Built in 1956, the property may have older infrastructure despite renovations.
Lot Size: The lot size is 10,517 sqft, which may be considered small for a property with 8 bedrooms.
Potential Competition: The area's proximity to multiple universities and colleges may lead to high competition in the rental market.

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