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For SaleOpen House

$868,000

822 sqft$1,056/sqft60 days on market

512 West Graves Avenue AVE

Monterey Park, CA 91754

· 8% down, 7% APR, 30yr fixed

2

Beds

1

Baths

822

Square feet

1949

Built

Listing narrative

Description

ADU-READY MONTEREY PARK OPPORTUNITY Beautifully renovated Monterey Park home offering 2 bedrooms, 1 bathroom, and 822 sq. ft. of move-in-ready living space on a generous 5,976 sq. ft. lot. Recent improvements include fresh interior and exterior paint, new flooring throughout, a new split-system unit in the living room, recessed lighting, ceiling fans with lights and remote controls, a fully remodeled kitchen, and an updated bathroom. The spacious backyard provides outstanding expansion potential, with city-approved plans and permits in place for a 1,200 sq. ft. ADU featuring 3 bedrooms and 3 bathrooms. An existing private courtyard between the main residence and the future ADU offers an ideal outdoor space for relaxing, entertaining, dining, or creating a peaceful retreat. This is an excellent opportunity for multigenerational living, potential rental income, or increased property value. Conveniently located near parks, shopping, dining, schools, and major freeways, this turnkey property combines modern upgrades, valuable outdoor space, and exceptional future potential in the heart of Monterey Park.

Listing agent (MLS): Matthew Lieu · Listing brokerage (MLS): eXp Realty of Greater Los Angeles

Property Details

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Price

$868,000

Beds

2 bd

Type

House

Home Size

822 sqft

Baths

1

Lot Size

0.14 acres

Year

1949

Status

For Sale

Days on Market

60

$ / Sqft

$1,056

· 8% down, 7% APR, 30yr fixed

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Courtesy of eXp Realty of Greater Los Angeles