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.
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.
Property Details
Price:
$868,000
MLS #:
CV26188072
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
641montereypark
Listed Date:
Sep 7, 2026
Finished Sq Ft:
822
Lot Size:
5,976 sqft / 0.14 acres (approx)
Year Built:
1949
See this Listing
Schools
School District:
Alhambra
Interior
Appliances
Gas Cooktop, Refrigerator, Gas Oven, Dishwasher
Bathrooms
1 Full Bathroom
Cooling
Wall/Window Unit(s)
Flooring
Vinyl
Heating
Central
Interior Features
Ceiling Fan(s)
Laundry Features
Gas Dryer Hookup, Washer Hookup, Washer Included, Dryer Included
Levels
One
Main Level Bathrooms
1
Main Level Bedrooms
2
Exterior
Common Walls
No Common Walls
Community Features
Sidewalks
Covered Spaces
1
Lot Features
0-1 Unit/Acre
Open Parking Spaces
1
Open Parking YN
1
Parking Features
Carport, Driveway
Parking Spots
2
Parking Total
2
Stories
1
View
Neighborhood, Hills
Financial
Map
Community
- Address512 West Graves Avenue Monterey Park CA
- CityMonterey Park
- CountyLos Angeles
- Zip Code91754
Market Summary
Current real estate data for Single Family in Monterey Park as of Oct 20, 2026
73
Single Family Listed
96
Avg DOM
648
Avg $ / SqFt
$1,031,294
Avg List Price
Property Summary
- 512 West Graves Avenue Monterey Park CA is a Single Family for sale in Monterey Park, CA, 91754. It is listed for $868,000 and features 2 beds, 1 baths, and has approximately 822 square feet of living space, and was originally constructed in 1949. The current price per square foot is $1,056. The average price per square foot for Single Family listings in Monterey Park is $648. The average listing price for Single Family in Monterey Park is $1,031,294.
Similar Listings Nearby
Courtesy of eXp Realty of Greater Los Angeles. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.512 West Graves Avenue
Monterey Park, CA