For sale · Active

1531 Wilcox Avenue

Monterey Park, CA 91755

$1,270,000
Bedrooms & bathrooms5 Beds • 4 Baths
Living area2,007 Sq Ft
Lot size0.1483 acres
Property typeSingle Family Residence
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Listing broker / agent: Wetrust Realty · WENDY ZHEN · 626-888-9103 · CRMLS

MLS # WS26203432 · Last checked Oct 19, 2026 05:48 UTC

About this property

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.

Property details

MLS number
WS26203432
Status
Active
Type
Residential
Subtype
Single Family Residence
Beds / baths
5 Beds • 4 Baths
Living area
2,007 Sq Ft
Lot size
0.1483 acres
County
Los Angeles
Year built
1957
Stories
2
More property detailsExpandCollapse

Listing

Days on market
31

Building

Year built
1957
Year built source
Public Records
Architectural style
Mid Century Modern
Stories
2
Building stories
2
Levels
Two
Entry level
1
Construction
Drywall, Stucco
Roof
Asphalt
Condition
Turnkey
Living area source
See Remarks

Bathrooms

Full bathrooms
1
Three-quarter bathrooms
3

Rooms & interior

Main-level bedrooms
2
Main-level bathrooms
2
Rooms
Bonus Room, Basement, Converted Bedroom, Den, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Dining Room
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
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
Flooring
Laminate, Tile
Heating
Central
Cooling
Central Air, Ductless
Fireplace
Bonus Room, Living Room
Laundry
Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Outside, See Remarks, Stacked

Exterior & parking

Total parking spaces
0
Garage spaces
0
Parking
Concrete, Driveway
Pool
None
Patio / porch
Deck, Patio
Exterior features
Barbecue, Lighting
Lot features
Zero To One Unit Acre
Lot size source
Assessor
Fencing
Brick, Wrought Iron
Property outlook
Mountains

Utilities & community

Water
Public
Sewer
Public Sewer
Utilities
Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community features
Biking, Hiking, Park, Street Lights, Sidewalks

Fees & lease terms

Association
No
Association fee
$0.00

Schools reported in the listing

Elementary school
Repetto
High school
Mark Keppel
High school district
Alhambra

School information is supplied with the listing. Confirm current attendance boundaries and enrollment eligibility directly with the school district.

Explore the area

Nearby public schools

Within 5 miles

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.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Macy Intermediate (school website, opens in a new tab) Montebello Unified · Monterey Park 6–8 0.5 mi
Repetto Elementary (school website, opens in a new tab) Alhambra Unified · Monterey Park K–8 0.5 mi
Bella Vista Elementary (school website, opens in a new tab) Montebello Unified · Monterey Park K–5 1.0 mi
Hillcrest Elementary Garvey Elementary · Monterey Park K–6 1.0 mi
Ynez Elementary (school website, opens in a new tab) Alhambra Unified · Monterey Park K–8 1.1 mi
Monterey Vista Elementary Garvey Elementary · Monterey Park K–6 1.2 mi
Schurr High (school website, opens in a new tab) Montebello Unified · Montebello 9–12 1.3 mi
Brightwood Elementary (school website, opens in a new tab) Alhambra Unified · Monterey Park 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
$1,270,000
MLS-reported original asking price
$1,270,000
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 2, 2026 05:56$1,270,000

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.

Local inventory snapshot

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.

Available listings79Current authorized inventory
Median asking price$888,88879 listings with a valid price
Median asking price / sq ft$554.6279 listings with confirmed sq ft
Median days on market3179 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction10
Listings with an increase0

10 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-10-19 06:28 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.

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Loan assumptions and ownership costs

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