Monterey Park: A Corner Condo in Contract in 11 Days
· Case study
A renovated three-bedroom corner unit listed at $749,800, in contract with a cash buyer on day 11, closed at $731,000. Written as a letter to anyone selling a condo in the San Gabriel Valley.
126 Casuda Canyon Drive #D in Monterey Park 91754, a three-bedroom, three-bathroom corner condominium of 1,489 square feet in a gated community, built in 1974 and renovated in 2021, with views from every bedroom, two private yards and a two-car garage, was listed by Shirley Tang Team on May 5, 2025 at $749,800. It went into contract on day 11, May 16, with a cash buyer, and closed on June 16, 2025 at $731,000, 97.5% of the asking price.
Dear condo seller,
You have probably been told that condos are harder to sell than houses. They are different, not harder, and this letter is about the differences.
The first difference is the HOA. A buyer of a condo is buying into an association as much as into a unit, so the questions arrive early: what the dues cover, whether the reserves are healthy, whether there is litigation, what the rules say about rentals. We have those answers ready before the first showing. A buyer who has to wait a week for the HOA documents is a buyer who has already started looking elsewhere.
The second difference is what makes one unit worth more than the one next door. Here it was the corner position, the views from every bedroom, two private yards where most units have one small patio, a 2021 renovation and a gated entry with open pedestrian access. Those are not obvious from a listing headline. They have to be written down, photographed and said out loud at every showing.
The third difference is the buyer pool. Condos at this price in Monterey Park draw first-time buyers, downsizers and investors, and each group reads the listing differently. The listing was written for all three, in two languages.
The result: in contract on day 11 with a cash buyer, closed 31 days later at $731,000, which is $491 per square foot for a 1974 building. Cash meant no appraisal and no lender, and it meant the closing date held.
If you own a condo in Monterey Park, Alhambra or San Gabriel and want to know what it would list for, send the address by text to (626) 202-9573 (text preferred), or add us on WeChat. No charge, and the decision stays yours.
With respect, Shirley Tang, Broker Associate, DRE #01845722
This is the record of one real transaction. Every home and every market is different, and nothing here is a promise about any other property.