1531 Wilcox Ave , Monterey Park, CA 91755
$1,270,000
Est. Payment: $6,726.75/mo
5 Bed
4 Bath
2007 Sqft
Status: Active | Days on site: 5
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House 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.

Highlights

Listed by WENDY ZHEN , 888-863-2820 Wetrust Realty , 626-587-4866. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential

Lot/Acreage
0.15

Year Built

1957

County

Los Angeles

Area

641 - Monterey Park

School District

Alhambra

Listing ID

WS26203432

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:4
  • Full Bathrooms:1
  • 3/4 Bathrooms:3
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
Air Cond:Central Air,Ductless
Fireplaces:Bonus Room,Living Room
Floor:Laminate,Tile
Other:
  • Additional:Beamed Ceilings, Breakfast Bar, Ceiling Fan(s), Separate/Formal Dining Room, Living Room Deck Attached, Open Floorplan, Partially Furnished, Quartz Counters, Recessed Lighting, Track Lighting, Galley Kitchen
Water:Public

Exterior Features

Lot:0-1 Unit/Acre,No Land Lease
Garage Capacity:0
Roof:Asphalt
Others:
  • Additional:Barbecue, Lighting, Turnkey, Drywall, Stucco, 2+ Total Units, Has ADU
Sewer:Public Sewer
Parking Features:Concrete,Driveway

Open House

Upcoming Open Houses
Sunday 1:30 pm - 4:30 pm Sep 27
Principal Interest
$6,727
Taxes
$810

Home Price

$1,270,000

Loan Details

30 yrs
6.952%

Down Payment

20%
$254,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,726.75

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,726.75 $809.63 $0.00 $7,536.38
Yearly $80,721.03 $9,715.50 $0.00 $90,436.53
Total $2,421,630.97 $291,465.00 $0.00 $2,713,095.97

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

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Market insight data is pulled from the same city as the listing being viewed (Monterey Park, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T13:02:28.000Z

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