121 Electric Ave Monterey Park, CA 91754
Estimated payment $4,126/month
Highlights
- Mountain View
- Corner Lot
- Living Room
- Monterey Highlands Elementary School Rated A
- No HOA
- Laundry Room
About This Home
Investor’s Dream Opportunity in Prime Monterey Park! First time on the market in over 30 years! Situated on a generous 5,778 sqft lot, this charming 950 sqft, 2 bed / 2 bath home also includes a bonus unit of approx. 290 sqft (1 bed / 1 bath, separate entrance). Combined, the property offers approx. 1,240sqft of living space(buyer to verify), offering flexibility for extended family or rental income potential. This desirable corner lot, east-facing property is filled with natural light and located in one of Monterey Park’s most coveted neighborhoods, known for its top-rated schools (Monterey Highlands Elementary 8/10, Mark Keppel High School 10/10). Excellent walk score and unbeatable convenience — just minutes to supermarkets, local shops, and easy access to the 10 freeway. Whether you’re looking to renovate, expand, or build new, this property offers endless potential in a highly sought-after location. Don’t miss this rare opportunity!
Listing Agent
Pinnacle Real Estate Group Brokerage Phone: 626-922-9247 License #02096605 Listed on: 09/26/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,594
Year Built
- Built in 1928
Lot Details
- 5,778 Sq Ft Lot
- East Facing Home
- Corner Lot
- Front Yard
- Density is up to 1 Unit/Acre
Parking
- 1 Car Garage
- Parking Available
Home Design
- Entry on the 1st floor
Interior Spaces
- 950 Sq Ft Home
- 1-Story Property
- Formal Entry
- Family Room
- Living Room
- Mountain Views
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
- Walk-in Shower
Laundry
- Laundry Room
- Washer Hookup
Schools
- Monterey Highland Elementary School
- Mark Keppel High School
Additional Features
- Rain Gutters
- Suburban Location
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Laundry Facilities
Listing and Financial Details
- Tax Lot 100
- Tax Tract Number 5400
- Assessor Parcel Number 5261003033
- $422 per year additional tax assessments
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,594 | $416,830 | $259,494 | $157,336 |
| 2024 | $5,594 | $408,657 | $254,406 | $154,251 |
| 2023 | $2,939 | $206,379 | $82,546 | $123,833 |
| 2022 | $2,857 | $202,333 | $80,928 | $121,405 |
| 2021 | $2,769 | $198,367 | $79,342 | $119,025 |
| 2020 | $2,753 | $196,334 | $78,529 | $117,805 |
| 2019 | $2,674 | $454,865 | $299,463 | $155,402 |
| 2018 | $2,610 | $188,713 | $75,481 | $113,232 |
| 2016 | $2,428 | $181,386 | $72,550 | $108,836 |
| 2015 | $2,388 | $178,663 | $71,461 | $107,202 |
| 2014 | $2,361 | $175,165 | $70,062 | $105,103 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/04/2025 12/04/25 | Price Changed | $698,000 | 0.0% | $735 / Sq Ft |
| 12/04/2025 12/04/25 | For Sale | $698,000 | 0.0% | $735 / Sq Ft |
| 12/01/2025 12/01/25 | For Sale | $698,000 | -18.8% | $735 / Sq Ft |
| 10/01/2025 10/01/25 | Off Market | $860,000 | -- | -- |
| 09/26/2025 09/26/25 | For Sale | $860,000 | -- | $905 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Gift Deed | -- | Provident Title | |
| Warranty Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $400,000 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS25226615
APN: 5261-003-033
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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