Monterey Park

Monterey Park

Located in Los Angeles County

$1,006,108 Average Value
$622 Average Price per Sq Ft
67 Homes For Sale

Monterey Park is just about everything a SoCal suburb is supposed to be. Less than 7 miles from both Downtown LA and Pasadena, the small residential city has just about everything you could ask for — a strong community, good schools, regular cultural events, and great parks. “It offers a really nice combination of suburban lifestyle and access to LA’s arts and entertainment scene,” says local Realtor Fabian Garcia. “There are a lot of nice houses in the city, nice ambience, and if you want to catch a ballgame or visit a museum, Downtown LA and Pasadena are just fifteen minutes away.”

On the housing front, Monterey Park offers a mix of residential styles. From classic homes reflecting mid-century designs to contemporary apartments, there's something for everyone. Home prices range from $850,000 for a historic 1,400-square-foot bungalow up to around $1.1 million for a modern 2,000-square-foot Spanish-style Home.

Like neighboring cities Alhambra and San Gabriel, Monterey Park is well-known among Angelenos for its East Asian shopping and dining. If you’re looking for authentic Chinese street food, it’s hard to do better than the meat buns and scallion pancakes at Jin Hai Pie House. Or if you’re in the mood for a more communal dining experience, you can head to Dabin Kabob & Hotpot. Feel like desert? You can head to one of the area’s many Asian bakeries and bubble tea shops and grab a pastry or a boba. If you prefer to make your own dumplings, the city is home to three large Asian Supermarkets.

Monterey is home to East Los Angeles College, the city’s largest employer, and a great place to catch a basketball game. The college also houses the well-regarded Vincent Price Art Museum, named for the horror movie actor, who donated over 2,000 items to the museum’s collection. For those looking for something a bit more lively, the city hosts an impressive number of large annual festivals, including Cinco de Mayo, Lunar New Year, and Cherry Blossom Festivals, all of which feature music, live performances, and street food vendors. If that’s not enough, locals can always jump on the I-10 and head downtown—it's less than 15 minutes away by car.

When locals need a bit of exercise, or just some time outdoors, they can head to one of the city’s many well-maintained parks, all of which have paved walking trails, playgrounds, and athletic fields. Those looking for more strenuous exercise can always head up to Pasadena and Angeles National Forest, which has all the hiking, biking, camping, and rock climbing opportunities anyone could ask for.

While Monterey’s public schools fall into four separate districts, most are California Distinguished Schools. Monterey Highlands Elementary — which actually teaches K-8 — prides itself on its STEM-focused curriculum and offers extracurriculars like First Lego League, a building competition where students can learn both creativity and problem-solving skills. Older students may attend Keppel High School, which has an A grade on Niche.

Monterey Park’s evolution into a diverse, dynamic community is emblematic of modern California – a place where history, culture, and progress coexist. Great food, great schools, and a great sense of community: Monterey Park has it all.

Jacob Adelhoch
Written By
Jacob Adelhoch
Christopher Montagne-Waggoner
Photography Contributed By
Christopher Montagne-Waggoner
Adam Lapallo
Video By
Adam Lapallo

Interested in learning more about homes in this area? Reach out to Betty Huang, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Monterey Park Housing Trends

Housing Trends

Median List Price
$899,000
Median Sale Price
$927,000
Median Single Family Sale Price
$1,040,500
Median Townhouse Sale Price
$1,185,000
Median 2 Bedroom Sale Price
$638,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
554
Median Home Sale Price YoY Change
$7
Average Price Per Sq Ft
$622

Neighborhood Facts

Number of Homes for Sale
67
Months of Supply
1.50

Open Houses

  • Saturday, Jun 14
    1 - 3pm

    233 Russell Ave, Monterey Park, CA 91755

    $728,000

    • 2 Beds
    • 1 Bath
    • 852 Sq Ft
    • 233 Russell Ave
    • New 11 days ago

    Welcome to 233 Russell Ave, your perfect gateway to the highly desirable North Monterey Park neighborhood! This delightful 2-bedroom, 1.5-bathroom home offers 852 sqft of living space, complete with an attached garage that’s perfect for extra storage or a creative workspace.Step inside to find a freshly updated interior, ready for you to move in and make it uniquely yours. The home’s cozy layout

    Agent Photo
    Rudy Kusuma
    PARTNER Real Estate
    (626) 654-1249
  • Saturday, Jun 14
    2 - 4pm

    422 S Alhambra Ave Unit A, Monterey Park, CA 91755

    $730,000

    • 4 Beds
    • 3 Baths
    • 1,533 Sq Ft
    • 422 S Alhambra Ave
    • Unit A
    • New 10 days ago

    Welcome home to this spacious end-unit townhouse in a gated Monterey Park community! This rare find townhome offers 4 bedrooms and 3 full bathrooms with a living space of 1,533 SqFt. Step into a bright living room where soaring ceilings and south-facing windows flood the space with natural light. Just a few steps up is an elevated open-concept layout: the dining area features a practical wet bar

    Agent Photo
    Lan 'Gloria' Xiao
    RE/MAX ELITE REALTY
    (626) 779-9630
  • Saturday, Jun 14
    1 - 4pm

    431 Cumbre St, Monterey Park, CA 91754

    $1,088,000

    • 3 Beds
    • 2 Baths
    • 1,842 Sq Ft
    • 431 Cumbre St
    • New 1 day ago

    Cozy traditional home in the sought after Monterey Highland School district. First time on the market in 25 years. With some TLC, buyer can transform this into their family home for many years of enjoyment. This home offers 3 Bedrooms and 1.75 Baths with a double car direct access garage. An addition of recreation room provides ample of space for family fun.

    Richard Han SUN PROPERTIES

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value



Source: Public Records

Property Mix - Square Feet

Monterey Park Has More Owners

Demographics

Total Population
57,414
Median Age
45
Population Density
52 ppl/acre
Population under 18
19.5%
On par with the national average
23.8%
Population over 65
22.8%
On par with the national average
19.1%

Finances

Median Household Income
$74,673
On par with the national average
$71,702
Average Household Income
$99,211

Education and Workforce

High School Graduates
79.4%
Below the national average
89.1%
College Graduates
34.3%
Advanced Degrees
10.8%
% Population in Labor Force
57.1%
Below the national average
65.1%

Weather

Annual Precipitation
15''
Average Winter Low Temperature
46°F
Average Summer High Temperature
86°F
Annual Snowfall
0''
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Monterey Park