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15246 sqft
Real estate in Monterey Park
The vibrant region of California, United States, draws numerous domestic and international property buyers and investors. If you're seeking an idyllic residence or a condo for sale in a location boasting a combination of urban diversity and quaint charm, Monterey Park should top your choices. This attractive city in Los Angeles County, renowned for its hillside vista and its unique blend of American and Asian cultures, has been tagged the "Jade Ville" because of its scenic landscapes and eclectic architectural aesthetics. Before you make that crucial phone call to a local realtor, get acquainted with the real estate market in this area, understand the range of properties available in Monterey Park, and calculate the investment needed for a secondary residence in such a distinct location. Look out for properties that overlook the city's rolling landscapes and also offer a glimpse of the California skyline. Each property in Monterey Park is unique, offering a different facet of the city's charm, from Asian-inspired townhouses to traditional American ranch-style homes. The city offers an affordable cost of living compared to more well-known Californian cities, making it an attractive destination for real estate investment and the perfect spot for your dream home.
Monterey Park properties: Market trends overview
The real estate market in Monterey Park, California has been seeing consistent growth in property prices, which has been appealing to investors and house buyers not just locally, but also from foreign nations such as China, Taiwan, and Mexico as well as across the states of America. The positioning of Monterey Park, with its proximity to downtown Los Angeles, allows for a perfect blend of a relaxed suburban lifestyle with the allure of a bustling city life, due to the many shopping centers, parks, restaurants and easy access to the thriving metropolis of Los Angeles. Monterey Park boasts a lively community atmosphere, rich cultural diversity, and an impressive quality of life. Over the past few years, the city's administration has made significant investments towards the community's development, offering a wide array of property choices for both local and international homebuyers. This includes sleek and modern townhouses, apartments, contemporary-style villas, traditional ranch-style homes, and luxury condominiums. In Monterey Park, it's simple to locate real estate for sale that meets individual budget requirements and lifestyle preferences, making this Californian city highly welcoming to new residents. With the city's unique blend of East meets West culture, excellent educational institutions, and safe neighborhoods, Monterey Park continues to be a hot spot in the Southern Californian real estate market.
Average price of a property for sale in Monterey Park
What would you have to pay for a property in Monterey Park, California? The answer can vary dramatically based on numerous elements such as the type of house, its location relative to the city center and beaches, the facilities it provides, and personal choices (premium features, dimensions, ease of access, etc.). Recent data indicate that the top asking price for property for sale in Monterey Park was $681 per square foot. The priciest houses are usually found in the northern region of the city. In contrast, the most affordable areas, which average around $563 per square foot, are located in the southern part of the city. At present, the average listing price for a home in Monterey Park hovers around $1,089,331.
Types of properties can you find in Monterey Park
Monterey Park, California, real estate market offers a wide selection of properties, such as condos, lavish mansions, beachfront homes, and classic American bungalows. The top choice property for sale can be found within a secure residential neighborhood. Here, you can find 3-4 bedroom condos with expansive patios and 2-story houses. Additionally, these homes feature separate entrances on each level and come with spacious patios and fully equipped kitchens. If you're interested in something more modern, consider a new mansion located in an enviable area in Monterey Park, California, offering breath-taking views of the Pacific Ocean, walking distance to the beach, making it a perfect place to reside.