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Why Live in Monterey Park

Monterey Park, California, is a suburban community, not far from all that's happening in Los Angeles. The city attracts homebuyers with its mix of housing choices, including single-family homes featuring Spanish Revival and midcentury modern architecture, as well as townhouses and condos. Prices tend to be higher than in downtown LA or East LA, but residents enjoy more space and a peaceful atmosphere. Monterey Park is known for its dining options along Garvey Avenue and Atlantic Boulevard, with popular spots like NBC Seafood Restaurant, Chubby Cattle and Mama Lu's Dumpling House. Shopping centers along Atlantic Boulevard feature national brands and unique stores like Daiso. The city’s main recreation spot is Barnes Park, which hosts annual events such as the Cherry Blossom Festival, Cinco de Mayo Celebration and a weekly Farmers' Market. Garvey Ranch Park houses the Monterey Park Historical Museum and an observatory, while Edison Trails Park has hiking trails. Families here are zoned for one of four school districts serving the area. Residents can easily access downtown LA, less than 10 miles away, via Interstate 10, though traffic can extend travel times. Public transportation options include Los Angeles County Metropolitan Transportation Authority bus lines, Montebello Bus Lines and the city's Spirit Bus circulator, with the nearest Metrolink train station located near the California State University campus.

Home Price Trends

Median Sale Price
$880,000
Median Single Family Sale Price
$1,000,000
Median Townhouse Sale Price
$889,998
Median 2 Bedroom Sale Price
$700,000
Median 1 Bedroom Sale Price
$390,000
Average Price Per Sq Ft
$604
Number of Homes for Sale
89
Last 12 months Home Sales
286
Months of Supply
3.70
Median List Price
$878,944
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-3%
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