OPEN SAT, 1PM TO 4PM

Listed by Matthew Lieu •DRE #02240469 • eXp Realty of Greater Los Angeles

Listed by Brandon Ong •DRE #02348514 • eXp Realty of Greater Los Angeles

Contact: 626-367-0915

For sale

$868,000

Est. $5,993/mo —

•

822

sq ft

512 West Graves Ave, Monterey Park, CA 91754

About this home

ADU-READY MONTEREY PARK OPPORTUNITY Beautifully renovated Monterey Park home offering 2 bedrooms, 1 bathroom, and 822 sq. ft. of move-in-ready living space on a generous 5,976 sq. ft. lot. Recent improvements include fresh interior and exterior paint, new flooring throughout, a new split-system unit in the living room, recessed lighting, ceiling fans with lights and remote controls, a fully remodeled kitchen, and an updated bathroom. The spacious backyard provides outstanding expansion potential, with city-approved plans and permits in place for a 1,200 sq. ft. ADU featuring 3 bedrooms and 3 bathrooms. An existing private courtyard between the main residence and the future ADU offers an ideal outdoor space for relaxing, entertaining, dining, or creating a peaceful retreat. This is an excellent opportunity for multigenerational living, potential rental income, or increased property value. Conveniently located near parks, shopping, dining, schools, and major freeways, this turnkey property combines modern upgrades, valuable outdoor space, and exceptional future potential in the heart of Monterey Park.

Single-familyProperty Type

1949Year Built

5,976 sq ftLot Size

$1,056Price/Sq.Ft.

2 spacesParking

Listing updated: Oct 4, 2026 at 04:28pm

Redfin checked: a minute ago

•Source:CRMLS #CV26188072

Payment calculator

$5,993 per month

Principal and interest$4,915

Property taxes

$904

HOA dues

Home insurance

$174

Utilities

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See this home in person

This home is unavailable to tour on this day.

Next available date: Wednesday, October 7

Open houses

Saturday, Oct 10

1:00pm - 4:00pm

Sunday, Oct 11

1:00pm - 4:00pm

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Around this home

Schools

K - 12
Preschool & daycare

Repetto Elementary School

Public K-8 • Assigned • 0.1mi

7/10

Provided by GreatSchools

About Luminaria

Hills

Luminaria Hills, located between Atlantic Boulevard and the Repetto Hills, is a residential and hillside Monterey Park neighborhood with curving streets and wide valley views. The area reads as mid-century ranch homes and later hillside builds, with driveways, retaining walls, and pocket gardens shaping the streetscape. The neighborhood’s character concentrates around Atlantic Boulevard near Garvey Avenue, where bakeries, tea shops, and small restaurants keep the sidewalks active. Community pillars include the East Los Angeles College Vincent Price Art Museum, the Monterey Park Bruggemeyer Library, and the historic El Encanto Restaurant. Garvey Ranch Park and nearby trailheads add a green counterpoint to the built slopes. Evenings feel quieter up the grades, with city lights spreading out below.

Provided by Walk Score and Local Logic

Offer insights

512 West Graves Ave · $868,000

Strong offer

$889K and above

75% chance or better to win

Why $889K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 46 days.

SALE-TO-LIST

Most homes are selling 0% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Ceiling fan
Remodeled interior (updated)
Shower

Bedrooms
Two main-level bedrooms (all bedrooms on one level)

Bathrooms
One full bathroom

Kitchen
Gas cooktop
Gas oven
Refrigerator
Dishwasher
Quartz counters
Formal dining room
Remodeled kitchen

Laundry & utility
Washer included
Dryer included
Washer hookup
Gas dryer hookup

Flooring
Vinyl flooring

Heating & cooling
Central furnace heating
Wall/window cooling

Sale and tax history for 512 West Graves Ave

Sale History
Tax History

Date

Event

Price

CRMLS #CV26188072

Sep 7, 2026

Listed

$868,000

$1,056/sq ft

Sep 2, 2026

Coming Soon

$868,000

$1,056/sq ft

Public Records

Mar 4, 2026

Sold

$650,000

$791/sq ft

CRMLS #PW18140149

Jul 24, 2018

Sold

$515,000

$627/sq ft

Jul 13, 2018

Contingent

—

Jun 10, 2018

Listed

$525,000

$639/sq ft

Public Records

Mar 16, 1979

Sold

$59,000

$72/sq ft

Public Records

Apr 21, 1967

Sold

$18,500

$23/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$7,623 (+2.6%)

$459,590 + $114,895

$574,485

2024

$7,427 (+2.1%)

$459,590 + $114,895

$574,485

2023

$7,274 (+5.0%)

$450,579 + $112,643

$563,222

2022

$6,928 (+1.2%)

$441,745 + $110,435

$552,180

2021

$6,847 (+0.6%)

$433,084 + $108,270

$541,354

2020

$6,808 (+3.1%)

$424,593 + $106,148

$530,741

2019

$6,601 (+311.8%)

$420,240 + $105,060

$525,300

2018

$1,603

$412,000 + $103,000

$515,000

2017

$1,604 (+7.0%)

$93,734 + $19,113

$112,847

2016

$1,499 (+1.6%)

$93,734 + $19,113

$112,847

2015

$1,475 (+2.6%)

$91,897 + $18,739

$110,636

2014

$1,438 (+1.8%)

$88,744 + $18,097

$106,841

2012

$1,413 (+2.6%)

$88,343 + $18,016

$106,359

2011

$1,377 (+1.4%)

$86,611 + $17,663

$104,274

2010

$1,359 (+2.5%)

$84,913 + $17,317

$102,230

2009

$1,326 (+1.5%)

$84,279 + $17,188

$101,467

2008

$1,306

$84,480 + $17,229

$101,709

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

5,978 Sq. Ft.

Year renovated

1949

Finished Sq. Ft.

822

Unfinished Sq. Ft.

—

Total Sq. Ft.

822

Year built

1949

Style

Single Family Residential

County

Los Angeles County

APN

5263003010

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 30, 2026.

R-1

Single-Family Residential Zone

This zone allows for low density residential units, traditionally single-family homes with 1 dwelling permitted per legal lot. Residences in this zone consist generally of single-family, detached houses with front, side and rear yards. The permitted density is 0 to 8 du per acre.

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Public service
Educational/school
Park & open space

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 98° expected this year, 21 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

6/10 Air Factor

10 unhealthy days expected this year, 10 days in 30 years

Provided by First Street

Historical weather

Monterey Park, CA • 91754

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

69/ 100

Moderate sunlight

Sunscore

There appears to be some shading by surrounding buildings, terrain, and vegetation.

7.5 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 512 West Graves Ave

$867,460

$540 under list price of $868K

Nearby comparable homes

The Redfin Estimate uses 5 recent nearby sales, priced between $770K to $968K.

SOLD JUN 15, 2026
$790,000 Last sold price
2 beds1 bath846 sq ft
715 W Graves, Monterey Park, CA 91754
$122/sq ft
8 years older
SOLD JUL 7, 2026
$958,000 Last sold price
3 beds1.5 baths1,397 sq ft
1321 Wilcox Ave, Monterey Park, CA 91755
$370/sq ft
larger lot
3 years newer
SOLD MAY 22, 2026
$968,000 Last sold price
3 beds1 bath1,115 sq ft
1718 S Mcpherrin, Monterey Park, CA 91754
Art Del Rey Realty, Inc.
$188/sq ft
1 year newer
SOLD MAR 10, 2026
$770,000 Last sold price
2 beds1.5 baths852 sq ft
233 Russell Ave, Monterey Park, CA 91755
$152/sq ft
smaller lot
2 years older
SOLD DEC 23, 2025
$860,000 Last sold price
2 beds1 bath933 sq ft
314 Sefton, Monterey Park, CA 91755
$134/sq ft
1 year older

Rental earnings

Est. $2,164 per month, based on comparable rentals

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Details provided by CRMLS and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Around this home

Schools

Offer insights

Property details

Sale and tax history for 512 West Graves Ave

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 512 West Graves Ave

Early Access listings

Nearby similar homes

New listings for sale in 91754

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