1531 Wilcox Avenue,Monterey Park, CA 91755
Monterey Park, CA 91755
Description
Rare Gem in Monterey Park! Main House + Newly Converted ADU + Bonus Basement: versatile property tucked away on a super peaceful street steps from neighborhood parks, playgrounds, and the Edison Trail. This unique home offers a perfect blend of modern comfort, multi-generational living, and outstanding income potential. Main House: open layout with 2 bedrooms and 2 fully updated bathrooms. The chef-inspired, remodeled kitchen is equipped with a wine cooler, a stainless steel farmhouse sink, and a 6-burner professional cooktop-complete with a convenient pot filler faucet right over the stove for your convenience! Fully permitted ADU (2024 Garage Conversion) 1-bed, 1-bath unit features a full kitchen with abundant cabinets, in-unit stackable washer/dryer, two mini split A/C units to keep the entire space cool-perfect as a high-value rental, in-law suite, or private guest house. Courtyard Oasis: Positioned between the main home and the ADU, this charming central courtyard is equipped with a outdoor misting system to keep you cool on hot summer days. Perfect for morning coffee, weekend BBQs, or outdoor lounging-with plenty of room to build your dream outdoor kitchen! Plus, the spacious backyard gives you tons of room to plant your own garden or grow homegrown produce. Bonus Basement: Extra space! The finished basement includes 2 bedrooms and 1 full bath, offering endless options for guests, extended family, or a media/recreation room. The entire property includes a whole-house water softener system for luxury and comfort throughout. Features both central A/C AND 6 individual mini-split A/C units throughout the property. You get the best of both worlds: turn on individual splits to cool targeted zones and save on electricity, or use the central A/C to cool the entire house instantly. Minutes away from award-winning Repetto Elementary/Middle School and Mark Keppel High School. Parks & Fun: Edison Trail, playground, and the park are just around the corner; Barnes Park and the George Elder Park public pool are just minutes away. Close to major shopping centers, dining, theaters, and regional medical centers. Commuting is a breeze with rapid access to both the 10 and 60 fwy. Whether you are looking for a multi-family residence, a home with supplemental rental revenue, or a high-yield investment asset, this rare gem must be seen in person to truly appreciate its full scope and value. Note: Some photos have been virtually staged to help you picture the space.
Details
| MLS # | WS26203432 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1957 |
| Days On Site | 45 |
| Listing Provided By | Wetrust Realty | WENDY ZHEN |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,007 |
| Basement | Y |
| Story(s) | 2 |
| Units | 3 |
| Acreage | 0.15 |
| Property View | Yes |
Interior
| Cooling | Central Air, Ductless |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Beamed Ceilings, Breakfast Bar, Ceiling Fans, Separate Formal Dining Room, Living Room Deck Attached, Open Floorplan, Partially Furnished, Quartz Counters, Recessed Lighting, Track Lighting, Galley Kitchen |
| Window Features | Blinds, Double Pane Windows |
| Appliances | Dishwasher, Free Standing Range, Gas Range, Gas Water Heater, Microwave, Refrigerator, Range Hood, Water Softener, Vented Exhaust Fan, Water To Refrigerator, Water Heater, Water Purifier, Washer |
| Fireplace Yes / No | Yes |
Exterior
| Exterior Features | Barbecue, Lighting |
|---|---|
| Roof | Asphalt |
| Construction Materials | Drywall, Stucco |
| Lot Features | Zero To One Unit Acre |
| Fencing | Brick, Wrought Iron |
Parking
| Parking Features | Concrete, Driveway |
|---|---|
| Garage Yes / No | No |
Utilities
| Utilities | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
|---|---|
| Electric | Electricity On Property |
| Sewer | Public Sewer |
Location
| Community Features | Biking, Hiking, Park, Street Lights, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Monterey Park |
| Zip Code | 91755 |
| Area | 641 Monterey Park |
| Listing VS Median (in 91755) | |
Price: $1,270,000 low | high Med: $924,499 sqft: 2,007 low | high Med: 1,484 $ / sqft: $633 low | high Med: $625 On site: 45 low | high Med: 38 | |
Market Activity 91755
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Monterey Park |
| Zip Code | 91755 |
| Area | 641 Monterey Park |
| Listing VS Median (in 91755) | |
Price: $1,270,000 low | high Med: $924,499 sqft: 2,007 low | high Med: 1,484 $ / sqft: $633 low | high Med: $625 On site: 45 low | high Med: 38 | |
