Monterey Park, CA Real Estate
Monterey Park is a suburb of Los Angeles, located adjacent to three major freeways in the area: the city is bordered on the north by Interstate 10 (San Bernardino Freeway), on the south by State Highway 60 (Pomona Freeway), and on the west by Interstate 710 (Long Beach Freeway).
View current listings for real estate in Monterey Park, or read more about the city.
Listings Updated Daily.
Monterey Park Real Estate Listings Los Angeles County
Real Estate Statistics
| Average Price | $1.1M |
|---|---|
| Lowest Price | $0 |
| Highest Price | $13.9M |
| Total Listings | 83 |
| Avg. Days On Market | 154 |
| Avg. Price/SQFT | $626 |
Property Types (active listings)
Monterey Park Homes
Monterey Park is a suburb of Los Angeles, located adjacent to three major freeways in the area: the city is bordered on the north by Interstate 10 (San Bernardino Freeway), on the south by State Highway 60 (Pomona Freeway), and on the west by Interstate 710 (Long Beach Freeway). With ease of transportation to and from Los Angeles via rail and bus transit, Monterey Park real estate has much to offer families and individuals looking to maintain proximity to Los Angeles, yet retain the feel of a close-knit community.
Monterey Park homes have a median value of $395,000 or about $296 per square foot1. Contact an IET Monterey Park realtor to review Monterey Park property and homes for sale. Children living in Monterey Park attend top parent-rated schools in the Alhambra, Garvey, Los Angeles, and Montebello school districts. Located in Monterey Park, East Los Angeles College offers 2-year vocation and undergraduate studies. Also nearby is California State University: Los Angeles.
Monterey Park Real Estate and Attractions
The city of Monterey Park maintains 60% of its space for residential areas, ensuring plenty of Monterey Park real estate. The city also maintains 12% industrial and 10% commercial and retail. Publishing an area Restaurant Guide and providing infrastructure and support for downtown businesses, Monterey Park’s Business Improvement District also presents the Chinese Lunar Festival. The Chinese Lunar Festival is just one of many festivals held throughout the year in Monterey Park. Other festivals include the Chinese New Year Festival, the Cherry Blossom Festival, Cinco de Mayo, the Fourth of July, and Artisans’ Faire. Historical sites, such as Heritage Falls Park and Jardin del Encanto, and the historical museum located on South Orange Avenue, operated by Monterey Park Historical Society, provide a glimpse into Monterey Park’s rich, diverse history.
Monterey Park History
Originally a settlement of Shoshone Indians, the San Gabriel Valley also saw scores of Spaniard soldiers in the late 1700s. The area now known as Monterey Park, first received a separate identity in the mid-1800s when Alessandro Repetto purchased a large portion of land on which to build his home. Later, a US mail rider, Richard Garvey, began developing the area using water diverted from the nearby Hondo River. Monterey Park incorporated as a city in 1916 by a vote of 455 to 33. The roaring 1920s brought further development and a new wave of immigration. Asian immigrants to the area cultivated crops and flowers, founding nurseries in the area. Today, Monterey Park celebrates its diverse culture during its annual Harmony Festival.
For more information about Monterey Park Real Estate, please contact our office at 323 412-9060.