ActiveCondominium

111 Marguerita Avenue 112

Monterey Park, CA, 91754

1 / 14View all 14 photos

$390,000

MLS: AR26061901

Beds

1

Baths

1

Sq Ft

554

Lot

0.81 ac

Year Built

1999

MLS #

AR26061901

Days on Market

12

Listed

Apr 10, 2026

Description

Step into comfort and convenience with this beautifully updated senior apartment home, located in the Evergreen Manor senior Community. This bright and inviting 1-bedroom, 1-bath unit has just been fully renovated and features brand-new appliances, including a modern stove, range hood, and refrigerator, along with clean, contemporary finishes throughout. A standout feature of this home is it’s a cozy little patio – the perfect spot for morning coffee/tea, fresh air, or tending to a few potted plants. Whether you love cooking in your brand-new kitchen or relaxing in your cozy living space, this home offers everything you need to feel comfortable and supported. At least one occupant required to be 62+ years old, but there is no age restriction for the owner. HOA includes water, trash, common area maintenance & insurance, cable TV and internet. Parking space is available for a nominal annual fee. This unit stands out as one of the best values in the community. Don’t miss the chance to own a beautifully updated home without the hassle of remodeling.

Location

Monterey Park, Los Angeles County, CA 91754

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Listed by: Jessimine Chang · Unity REALTORS & Associates

Payment estimate

$3,009

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $39,000 · Loan: $351,000

%
Principal & Interest
$2,157
Property tax (1.25%)
$406
Homeowners insurance
$300
Mortgage insurance
$146
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Monterey Park home with as little as 3.5% down using an FHA loan — roughly $13,650 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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