1531 Wilcox Avenue
Monterey Park, CA 91755
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 detailsCollapse
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.
Nearby public schools
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.
| School / district | Grades | Distance |
|---|---|---|
| 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
| 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.
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.
Observed price activity · past 30 days
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 06:23 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.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
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