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223 E Emerson — Monterey Park — 2 Beds • 1 Bath • 806 Sq Ft | Belmont Brokerage | Belmont Brokerage

ActiveUnderContract

+10 more

$800,000

76 DOM

$993/sqft2 bd1 ba806 sqft

Call

223 E Emerson Monterey Park, CA 91755

5,585sqft lot

Excellent 2 bedroom house in a nice area of Monterey Park with lots of potential and spacious back yard. There is an opportunity to build an ADU in the back. This home is walking distance away from stores and shopping centers and lots of access to bus stops.

MLS CV26022473

626-856-0525 (Office) 626-966-2837 (Cell) CARLOPEREZ@VERIZON.NET

Est. payment

$5,111/mo

Principal & interestTaxesInsurance

$4,045$833$233

Down %

Rate %

Years

Down payment: $160,000 · Total cost: $1,616,285

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$5,111/mo

Principal & interest: $4,045
Est. property tax: $833
Est. insurance: $233
Down payment: $160,000

Est. gross rent$3,333/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-1,778/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Jan 29, 2026	$850,000	—

Facts & Features

Transaction Data

▼Price Reduced from $850,000 (−$50,000)

Structure & Property

Year Built1926

Garage Spaces1

626-856-0525 (Office) 626-966-2837 (Cell) CARLOPEREZ@VERIZON.NET

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

223 E Emerson, Monterey Park, CA 91755

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Call

223 E Emerson Monterey Park, CA 91755

About this home

Carlo Perez

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Carlo Perez

Sale & Tax History

No Recent Sales History

Location

223 E Emerson, Monterey Park, CA 91755

About This Property

Property Photos

Location

Listing Agent

Presented by Belmont Brokerage Inc.

223 E Emerson Monterey Park, CA 91755

About this home

Carlo Perez

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Carlo Perez

Sale & Tax History

No Recent Sales History

Location