Monterey Park Homes & Real Estate
Welcome to your top Monterey Park home & LA County real estate resource. Monterey Park is a city located in Southern California that offers a wide range of amenities to fit any lifestyle. Located just about eight miles from the center of Downtown Los Angeles, the city of Monterey Park, California isn’t just a single city. It is made up of numerous smaller communities including Temple City, Alhambra, Rosemead, San Gabriel and Arcadia. The city is very culturally diverse with a wide range of home styles in various home prices. For those who are looking to buy a home in Monterey Park, it is important to get to know the local community and all that it can offer. See today's Monterey Park homes & condos for sale & Monterey Park real estate property listings below. Browse our LA County homes, Los Angeles condos and luxury homes for sale by location, size or price and let this website be your regional real estate guide. We would love to be your Monterey Park real estate agent and assist in the home buying process. For information about homes for sale in Monterey Park or to schedule a private home showing, contact your expert Southern California real estate agents today. Read more about Monterey Park real estate.
Homes For Sale in Monterey Park CA
Monterey Park Real Estate Search
This page is updated with Monterey Park home listings several times per day directly from the Monterey Park, California MLS.
Each Monterey Park MLS listing includes the property price, days on market, square footage, year built, lot size, number of bedrooms and bathrooms, assigned schools, construction type, and other important details as entered by the listing agent in the MLS.
Also review local Monterey Park property tax information and the current listing status (active, under contract, or pending). As available, numerous property features such as greenbelt locations, views, swimming pools and Monterey Park community amenities including parks and golf courses will be listed.
Monterey Park Neighborhood
This city, which is home to over 60,000 people spans about 7.6 square miles, has a moderately sized inventory of homes for sale. This lower inventory helps to make this a highly competitive real estate market to be a part of. However, it is a very attractive location with its proximity to the downtown area, numerous amenities, and good access to parks and recreation. As of November of 2016, there were about 60 existing homes for sale here, including a few pre-foreclosure or bank-owned properties.
Home prices in Monterey Park very significantly. Though it is possible to find homes under $500,000 listed for sale, the median sale price of homes here as of November of 2016 was over $580,000. This is about $412 per square foot. It also represents about a 12 percent increase from this timeframe in 2015 to 2016. The median rental price per month here is $2,400. This high price can make buying a home here a more affordable option in the long term.
Because of the limited inventory especially of new homes in Monterey Park, there is a growing trend towards new construction. Some available property is present in the various sectors of this region. Some new developments are going up here as well. A few of the notable home builders in the area include Petros Homes, Olson Homes, and Parkview Homes.
Monterey Park Community Amenities
Monterey Park has a large Asian population with numerous Asian-owned businesses in the downtown area. This area, known as Downtown Monterey Park is where most of the day to day service businesses operate. Nearly 50 percent of the population here is Asian or Asian descendants.
The local economy focuses on the service industry. The largest employer here is East Los Angeles College, followed by Garfield Medical Center and the city itself. There is a bit of tourism here due to the presence of the Lincoln Plaza Hotel, a popular destination for those visiting Los Angeles. The community is easily accessible through 1-710, 1-10 and SR 60.
Monterey Park Neighborhood Schools
There are four school districts serving students and residents here including the Alhambra Unified School District, the Los Angeles Unified School District, the Montebello Unified School District and the Garvey School District. There are numerous elementary, middle, and high schools as well as several private schools and universities.
Homebuyers will find many benefits to buying a home here. And, homeowners can expect their home value to rise under current conditions. This helps to make Monterey Park one of the most desirable areas in the region.
Monterey Park Information Resources
Monterey Park, CA Real Estate Agents
Interested in buying a home in Monterey Park? Allow our Monterey Park, California real estate experts to help you navigate the purchase of or expertly negotiate the sale of your Monterey Park residence. As local real estate agents, we're well-versed on the unique dynamics of the Monterey Park real estate market.
Contact The Brad Korb Real Estate Group to learn more about buyer and seller representation. Selling your Monterey Park property? Visit our market analysis page to receive a free home evaluation within minutes.
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