$10,000 Closing Credit¹
#TR24223381, Johnny Yu, Listing Office: Grand Lux Realty & Financial
$1,398,000 List price
615 El Mercado Ave Monterey Park, CA 91754
$10,000
Closing credit¹
5 beds
2,507 sqft
0.2 acres
$558 / sqft
House
Property details
About 615 El Mercado Ave
LOCATION! LOCATION! LOCATION! Centrally located in Monterey Park, this bright and airy home offers an impressive amount of space in the best schools within Alhambra Unified School District - BRIGHTWOOD ELEMENTARY SCHOOL and MARK KEPPEL HIGH SCHOOL. The main house has 4 bedrooms, den and 2 bathrooms approx. 1,686 SqFt plus an approx. 821 SqFt permitted ADU with 1 bedroom, den and 2 bathrooms. The immaculate home boasts an open and inviting living and dining room with crown molding, wainscoting and original hardwood flooring. Handsome brick-faced fireplaces in the living room and den. The galley kitchen offers new flooring, granite countertops, stainless steel gas range, ample cabinetry and storage space. Off the kitchen is a bathroom and laundry area. One bedroom has its own entrance. The newly built ADU features additional living space separate from the main house, spacious living/dining area, kitchen, laundry area, den, one bedroom suite and two bathrooms, perfect for family, friends, or rental income. Other highlights of the property include newly painted interiors, double-panes windows, new window blinds, new light fixtures, gated low maintenance backyard with alley access. Enjoy this great location close to all necessities near Monterey Park Mall, Barnes Park, Brightwood Elementary School, East Los Angeles College, Monterey Park Hospital, public transportation and the 60, 710 and 10 Freeways. This property is a rare find for both investors and homebuyers!
Highlights
Home typeSingle Family Residence
StatusActive
CoolingWall/Window Unit(s)
Size2,507 sqft
Lot size0.1632 Acres
Year built1940
ParkingDriveway, Gated, One Space
MLS #AR25033067
FireplaceDen, Living Room
Virtual tour
Summary
- MLS Number: AR25033067
- MLS Name: CRMLS
- Office Name: Compass
- Office Email: pearl.chen@compass.com
- Listing Agent: Pearl Chen
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 10:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,398,000
615 El Mercado Ave
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $294,313 | $4,201 |
| 2023 | $288,543 | $4,079 |
| 2022 | $282,886 | $3,895 |
| 2021 | $277,340 | $3,841 |
| 2020 | $274,497 | $3,709 |
| 2019 | $269,115 | $3,608 |
| 2018 | $263,840 | $3,579 |
| 2017 | $258,668 | $3,579 |
History based on county public records data.
Nearby schools
6
Bella Vista Elementary
Public District KG-5
1.4 mi
•2410 Findlay Ave
8
Monterey Vista Elementary School
Public District KG-6
1.4 mi
•901 E Graves Ave
6
Robert Hill Lane Elementary School
Public District KG-6
1.4 mi
•1500 Avenida Cesar Chavez
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $54,779. Residents of Monterey Park, CA typically earn between $35k-100k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
37%
<35k
38%
35k-100k
21%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
41%
Single, No Kids
8%
Single, with Kids
29%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
7%
12-17 yrs old
19%
18-34 yrs old
46%
35-64 yrs old
18%
65+ yrs old
What do the neighbors do for fun?
Live Theatre
Hiking/backpacking
Men's Tennis
Where do the neighbors shop?
Bloomingdales
Nordstrom Rack
H&M
Where do the neighbors go to eat?
Boston Market
Starbucks
The Cheesecake Factory
What do the neighbors drive?
Mercedes
Audi
Volvo
What do the neighbors listen to?
News
Alternative- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 615 El Mercado Ave
This home is located at 615 El Mercado Ave in Monterey Park, CA and zip code 91754 in the The San Gabriel Valley neighborhood. This 2,507 square foot home, which was built in 1940, sits on a 0.16 acre lot. Features: 5 bedrooms, 0 bathroom. It has been listed on Rocket Homes since February 14, 2025 and is currently priced at $1,398,000.
In January 2025, from all listings sold in Monterey Park, CA there were more than 7 sold above asking price, over 8 sold below and more than 1 were sold right at the asked price. The number of listings in Monterey Park, CA decreased by 10.7% between December and January 2025. In January 2025 median list price was $929,500 and the average listing age was 23 days.
From Rocket Homes Real Estate and based on county public records data.