Monterey Park is a suburban community, not far from all that's happening in Los Angeles. This area attracts homebuyers looking for a mix of housing choices where popular restaurants and shopping are close to home. With schools, parks and regional transportation all nearby, Monterey Park is a convenient place to call home in the San Gabriel Valley.
Monterey Park is largely made up of single-family homes, many with Spanish Revival and midcentury modern architecture. They generally sell from the lower $500,000s to about $2.3 million, depending on the home's size and condition. The neighborhood also has townhouses and condos at lower price points, usually from the mid-$300,000s to $1.3 million.
Prices here tend to be a little higher than in areas like downtown LA or East LA, but you get more space and a quieter atmosphere. “Monterey Park offers a really nice combination of suburban lifestyle and access to LA’s arts and entertainment scene,” says local Realtor Fabian Garcia with Century 21. “There are a lot of nice houses in the city, nice ambiance, and if you want to catch a ballgame or visit a museum, downtown LA and Pasadena are [about] 15 minutes away.”
If there’s one thing the city is known for, it’s food. The restaurants are mostly along Garvey Avenue and Atlantic Boulevard, from chains to locally owned spots that serve Vietnamese, Korean, Thai and Chinese options. Some of the most popular places to dine are:
Barnes Park is a popular spot to play on athletic courts, cool off in the pool or visit for annual events. The community gets together for events like:
Four school districts cover Monterey Park. Most families are either in the Alhambra Unified or Montebello Unified school districts, but parts of the city are in the Los Angeles Unified or Garvey school districts. The houses here are close to a range of public elementary schools, and St. Thomas Aquinas School is a private option.
Sidewalks spread throughout the city, so you’ll see people out for a stroll in the mornings and evenings. When you want to get out of the city, though, you’ll need to drive or use public transportation. Monterey Park's location means you're less than 10 miles from Downtown LA, thanks to Interstate 10. Traffic is a constant part of life in LA County, so the trip downtown can take more than 20 minutes during peak hours. Los Angeles County Metropolitan Transportation Authority bus lines and Montebello Bus Lines operate in the area, while the city's Spirit Bus circulator connects to various points locally. For regional commutes, the nearest Metrolink train station is near the California State University campus, where trains reach places like downtown LA and San Bernardino.
Interested in learning more about homes in this area? Reach out to , an experienced agent in this area.
Nancy Domino
Pacific Sterling Properties
(949) 942-8799
43 Total Sales
2 in Monterey Park
$1,300,000 Price Range
Mel Macklin
HomeSmart, Evergreen Realty
(747) 307-7003
49 Total Sales
1 in Monterey Park
$1,438,000 Price
Jane Xue Li
Coldwell Banker Envision
(626) 693-3275
40 Total Sales
1 in Monterey Park
$958,000 Price
Oscar Chen
RE/MAX Premier Properties
(626) 436-3765
19 Total Sales
7 in Monterey Park
$660K - $1.2M Price Range
Jesse Piña
JOHNHART CORP
(626) 736-1478
50 Total Sales
1 in Monterey Park
$715,000 Price
Grace Lin
Century 21 Realty Masters
(424) 296-1651
17 Total Sales
1 in Monterey Park
$20,000 Price
On average, homes in Monterey Park, CA sell after 32 days on the market compared to the national average of 55 days. The median sale price for homes in Monterey Park, CA over the last 12 months is $882,000, down 3% from the median home sale price over the previous 12 months.
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Median List Price
$886,500
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Median Sale Price
$882,000
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Median Single Family Sale Price
$998,500
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Median Townhouse Sale Price
$989,950
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Median 2 Bedroom Sale Price
$685,000
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Median Change From 1st List Price
0%
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|
Last 12 months Home Sales
289
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Median Home Sale Price YoY Change
-3%
|
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Average Price Per Sq Ft
$608
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|
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Number of Homes
13,442
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Number of Homes for Sale
87
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Median Year Built
1957
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Months of Supply
3.60
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Average Single Family Home Size Sq Ft
1,650
Below the national average
1,934
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Average Townhouse Size Sq Ft
2,417
|
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Average 2 Bedroom Size Sq Ft
1,074
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Average 1 Bedroom Size Sq Ft
768
|
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Median Lot Size Sq Ft
6,969
|
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$3,500 - $4,000 per month
$2,066 - $3,145 per month
$2,000 - $2,600 per month
$2,150 - $2,500 per month
$2,250 per month
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Number of Homes for Rent
46
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Median Rent
$3,250
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|
Median Single Family Home Rent
$3,500
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Median 4 Bedroom Single Family Home Rent
$3,850
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Median Townhouse Rent
$2,850
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Median 3 Bedroom Townhouse Rent
$3,150
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Median Condo Rent
$2,600
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Median 2 Bedroom Condo Rent
$2,500
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Total Population
57,414
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Median Age
45
|
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Population Density
52 ppl/acre
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Population under 18
19.5%
On par with the national average
23.8%
|
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Population over 65
22.8%
On par with the national average
19.1%
|
|
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Median Household Income
$74,673
Below the national average
$79,597
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Average Household Income
$99,211
|
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High School Graduates
79.4%
Below the national average
89%
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College Graduates
34.3%
|
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Advanced Degrees
10.8%
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% Population in Labor Force
57.1%
Below the national average
64.9%
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Annual Precipitation
15''
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Average Winter Low Temperature
46°F
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Average Summer High Temperature
86°F
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Annual Snowfall
0''
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Bikeability
Walkability
Transit
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