Rare Gem in Monterey Park! Main House + Newly Converted ADU + Bonus Basement: versatile property tucked away on a super peaceful street steps from neighborhood parks, playgrounds, and the Edison Trail. This unique home offers a perfect blend of modern comfort, multi-generational living, and outstanding income potential. Main House: open layout with 2 bedrooms and 2 fully updated bathrooms. The chef-inspired, remodeled kitchen is equipped with a wine cooler, a stainless steel farmhouse sink, and a 6-burner professional cooktop—complete with a convenient pot filler faucet right over the stove for your convenience! Fully permitted ADU (2024 Garage Conversion) 1-bed, 1-bath unit features a full kitchen with abundant cabinets, in-unit stackable washer/dryer, two mini split A/C units to keep the entire space cool—perfect as a high-value rental, in-law suite, or private guest house. Courtyard Oasis: Positioned between the main home and the ADU, this charming central courtyard is equipped with a outdoor misting system to keep you cool on hot summer days. Perfect for morning coffee, weekend BBQs, or outdoor lounging—with plenty of room to build your dream outdoor kitchen! Plus, the spacious backyard gives you tons of room to plant your own garden or grow homegrown produce. Bonus Basement: Extra space! The finished basement includes 2 bedrooms and 1 full bath, offering endless options for guests, extended family, or a media/recreation room. The entire property includes a whole-house water softener system for luxury and comfort throughout. Features both central A/C AND 6 individual mini-split A/C units throughout the property. You get the best of both worlds: turn on individual splits to cool targeted zones and save on electricity, or use the central A/C to cool the entire house instantly. Minutes away from award-winning Repetto Elementary/Middle School and Mark Keppel High School. Parks & Fun: Edison Trail, playground, and the park are just around the corner; Barnes Park and the George Elder Park public pool are just minutes away. Close to major shopping centers, dining, theaters, and regional medical centers. Commuting is a breeze with rapid access to both the 10 and 60 fwy. Whether you are looking for a multi-family residence, a home with supplemental rental revenue, or a high-yield investment asset, this rare gem must be seen in person to truly appreciate its full scope and value. Note: Some photos have been virtually staged to help you picture the space.
Property Details
Price:
$1,270,000
MLS #:
WS26203432
Status:
Active
Beds:
5
Baths:
4
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
641montereypark
Listed Date:
Sep 22, 2026
Finished Sq Ft:
2,007
Lot Size:
6,458 sqft / 0.15 acres (approx)
Year Built:
1957
See this Listing
Schools
School District:
Alhambra
Elementary School:
Repetto
High School:
Mark Keppel
Interior
Appliances
DW, MW, RF, WP, WLR, GR, FSR, GWH, HOD, VEF, WHU, WS
Bathrooms
1 Full Bathroom, 3 Three Quarter Bathrooms
Cooling
CA, DUC
Flooring
TILE, LAM
Heating
CF
Interior Features
CF, RECL, TRAK, PFRN, LRDA, OFP, BC, QTZC
Laundry Features
GE, IN, SEE, STK, OUT, WH, WINC
Levels
U
Main Level Bathrooms
2
Main Level Bedrooms
2
Exterior
Architectural Style
MCM
Common Walls
NCW
Community Features
SDW, SL, PARK, HIKI, BIKI
Construction Materials
STC, DWAL
Direction Faces
E
Exterior Features
BQ, LIT
Fencing
BR, WI
Other Structures
GHA
Patio And Porch Features
DK, PTO
Roof
ASP
View
MT
Window Features
BLI, DPW
Financial
Map
Community
- Address1531 Wilcox AV Monterey Park CA
- CityMonterey Park
- CountyLos Angeles
- Zip Code91755
Market Summary
Current real estate data for Single Family in Monterey Park as of Sep 24, 2026
114
Single Family Listed
85
Avg DOM
450
Avg $ / SqFt
$712,866
Avg List Price
Property Summary
- 1531 Wilcox AV Monterey Park CA is a Single Family for sale in Monterey Park, CA, 91755. It is listed for $1,270,000 and features 5 beds, 4 baths, and has approximately 2,007 square feet of living space, and was originally constructed in 1957. The current price per square foot is $633. The average price per square foot for Single Family listings in Monterey Park is $450. The average listing price for Single Family in Monterey Park is $712,866.
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