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1531 Wilcox Avenue, Monterey Park, CA 91755

$1.27M5bd · 4ba · 2,007 sqft
Lot 6,458 sqft•Single Family Residence•
Active
•24d on market•MLS# WS-26203432

Property Description

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.

Features & Amenities

FeeBuilt 1957

Property Details

Land Type
Fee
Year Built
1957
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
0
Garage Spaces
0
Heating
Central
Cooling
Central Air, Ductless
View
Mountain(s)
Flooring
Laminate, Tile
Roof
Asphalt
City
Monterey Park
Zip Code
91755
County
Los Angeles
Listed byUnknown Office, WENDY ZHEN

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$6,421.81
Principal & Interest
Loan Amount
$1,016,000
Total Interest
$1,295,852
Total Payment Over 30 Years
$2,311,852
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

1531 Wilcox Avenue, Monterey Park, CA 91755

Monterey Park · Single Family Residence

$1.27M
Residential Tier
Beds
5
Baths
4
Sqft
2,007
Lot
6,458 sqft
Year
1957
$/Sqft
$633
Pool: No✓
View: mountain✓

Listed 21.0% above the median closed sale of $1,050,000. Price per sqft ($633) is a 17% premium to closed comps ($542). Closed comps sold at 102% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.27M· $633/sqft
Total list price
Closed comps
vs closed median $1.05M
+$220K (+21.0%)
Active comps
vs active median $1.39M
−$121K (−8.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $600
+$33 (+5.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2021 Bleakwood AveMonterey Park1950431,6305,222$567$925,0005678
150 FloralMonterey Park1949642,1966,119$633$1.39M10775
1734 BluestoneMonterey Park1965432,1125,232$421$888,888773
111 EverettMonterey Park1925542,2645,832$658$1.49M872
482 Cumbre StMonterey Park1961432,3327,002$720$1.68M1471
Total: 5 · Average4.63.42,106.85,881.4$599.8$1.27M38.4
Median2,196$1.39M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1630 Crest Vista DriveMonterey Park195609/10/2026432,1376,446$1.05M$1.05M$4911.009281
1400 Loma VerdeMonterey Park195208/14/2026431,8129,269$1.16M$1.20M$6621.044177
211 Markland DriveMonterey Park195107/10/2026431,9006,254$1.05M$1.08M$5681.038877
2090 BrightwoodMonterey Park195708/25/2026422,0326,127$950,000$900,000$4430.952976
1941 Fernbank AvenueMonterey Park195009/09/2026521,8755,907$949,000$1.02M$5441.074074
Total: 5 · Average4.22.61,951.26,800.6$1.05M$1.05M$541.6—58
Median1,900$1.05M$1.05M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.