512 West Graves Avenue
Monterey Park, CA 91754
Listing broker / agent: eXp Realty of Greater Los Angeles · Matthew Lieu · 626-367-0915 · CRMLS
MLS # CV26188072 · Last checked Nov 14, 2026 19:58 UTC
About this property
ADU-READY MONTEREY PARK OPPORTUNITY Beautifully renovated Monterey Park home offering 2 bedrooms, 1 bathroom, and 822 sq. ft. of move-in-ready living space on a generous 5,976 sq. ft. lot. Recent improvements include fresh interior and exterior paint, new flooring throughout, a new split-system unit in the living room, recessed lighting, ceiling fans with lights and remote controls, a fully remodeled kitchen, and an updated bathroom. The spacious backyard provides outstanding expansion potential, with city-approved plans and permits in place for a 1,200 sq. ft. ADU featuring 3 bedrooms and 3 bathrooms. An existing private courtyard between the main residence and the future ADU offers an ideal outdoor space for relaxing, entertaining, dining, or creating a peaceful retreat. This is an excellent opportunity for multigenerational living, potential rental income, or increased property value. Conveniently located near parks, shopping, dining, schools, and major freeways, this turnkey property combines modern upgrades, valuable outdoor space, and exceptional future potential in the heart of Monterey Park.
Property details
- MLS number
- CV26188072
- Status
- Active
- Type
- Residential
- Subtype
- Single Family Residence
- Beds / baths
- 2 Beds • 1 Baths
- Living area
- 822 Sq Ft
- Lot size
- 0.1372 acres
- County
- Los Angeles
- Year built
- 1949
- Stories
- 1
More property detailsCollapse
Listing
- Days on market
- 68
Building
- Year built
- 1949
- Year built source
- Public Records
- Stories
- 1
- Building stories
- 1
- Levels
- One
- Entry level
- 0
- Foundation
- Raised
- Condition
- Building Permit, Updated Remodeled
- Living area source
- Appraiser
Bathrooms
- Full bathrooms
- 1
Rooms & interior
- Main-level bedrooms
- 2
- Main-level bathrooms
- 1
- Rooms
- Bedroom, Kitchen, Living Room, Dining Room
- Appliances
- Dishwasher, Gas Cooktop, Gas Oven, Refrigerator, Dryer, Washer
- Interior features
- Ceiling Fans, Separate Formal Dining Room, All Bedrooms Down
- Flooring
- Vinyl
- Heating
- Central
- Cooling
- Wall Window Units
- Fireplace
- None
- Laundry
- Washer Hookup, Gas Dryer Hookup
Exterior & parking
- Total parking spaces
- 2
- Garage spaces
- 0
- Carport spaces
- 1
- Parking
- Carport, Driveway
- Pool
- None
- Lot features
- Zero To One Unit Acre
- Lot size source
- Appraiser
- Property outlook
- Hills, Neighborhood
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Community features
- Sidewalks
Fees & lease terms
- Association
- No
- Association fee
- $0.00
Schools reported in the listing
- High school district
- Alhambra
School information is supplied with the listing. Confirm current attendance boundaries and enrollment eligibility directly with the school district.
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Repetto Elementary (school website, opens in a new tab) Alhambra Unified · Monterey Park | K–8 | 0.2 mi |
| Ynez Elementary (school website, opens in a new tab) Alhambra Unified · Monterey Park | K–8 | 0.4 mi |
| Macy Intermediate (school website, opens in a new tab) Montebello Unified · Monterey Park | 6–8 | 1.1 mi |
| Monterey Vista Elementary Garvey Elementary · Monterey Park | K–6 | 1.1 mi |
| Hillcrest Elementary Garvey Elementary · Monterey Park | K–6 | 1.3 mi |
| Mark Keppel High (school website, opens in a new tab) Alhambra Unified · Alhambra | 9–12 | 1.3 mi |
| Bitely (Arlene) Elementary Garvey Elementary · Rosemead | K–6 | 1.4 mi |
| Marguerita Elementary (school website, opens in a new tab) Alhambra Unified · Alhambra | K–8 | 1.4 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $848,000
- MLS-reported original asking price
- $868,000
- MLS-reported previous asking price
- $868,000
- MLS-reported last price change
- 2026-11-10 16:14 UTC
| Observed (UTC) | Asking price |
|---|---|
| Nov 11, 2026 00:27 | $848,000 |
| Oct 2, 2026 05:50 | $868,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Monterey Park
Active residential homes for sale in Monterey Park, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
22 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-11-14 20:38 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗