Monterey Park cityscape

Monterey Park

Little Taipei

Overview

"Little Taipei"

Population~61,000
Price Range$750K-$950K

Monterey Park holds the distinction of being America's first suburban Chinatown, establishing itself as a gateway to Asian culture in Los Angeles. The city is a culinary mecca featuring world-class Chinese restaurants, dim sum, and vibrant night markets along Atlantic Boulevard and Garvey Avenue. The multicultural, immigrant-friendly community supports multigenerational Asian families and entrepreneurs. With central location offering easy freeway access via the 10, 60, and 710, Monterey Park provides convenience and value. More affordable than nearby cities while maintaining strong community ties and food-centric culture, Monterey Park attracts families and business owners who appreciate authentic Asian cultural experiences, excellent dining, and real estate investment opportunities in a thriving, diverse community.

Key Highlights

  • America's first suburban Chinatown, known as "Little Taipei" and "The Chinese Beverly Hills" - a gateway to Asian culture in Los Angeles
  • Ranked #3 in America's Best Places to Live and #2 Best Place to Raise a Family by Money Magazine (2017)
  • Culinary paradise featuring world-class Chinese restaurants, authentic dim sum, and vibrant night markets along Atlantic Boulevard and Garvey Avenue
  • First city in the United States with a majority Asian-American city council and over 60% Asian-American population
  • Excellent central location with easy access via 10, 60, and 710 freeways - just 7 miles east of downtown Los Angeles

Housing Market

Price Range

$750K-$950K

Median Home Price

$889K

Market Trend

Stable

Updated: 10/1/2025

Average Prices by Type

Single-Family Home

$985K

Condo

$691K

Townhouse

N/A

Multi-Family

N/A

Contacts

Government

Monterey Park City Hall

City Hall

(626) 307-1458
320 W Newmark Avenue, Monterey Park, CA 91754
Visit Website

Alhambra Unified School District

School District

Emergency Services

Monterey Park Police Department

Police Department

(626) 573-1311
320 W Newmark Avenue, Monterey Park, CA 91754
Visit Website

Monterey Park Fire Department

Fire Department

Utilities

Monterey Park Water & Sewer Service

Water

Ware Disposal

Trash & Recycling

Accolades & Recognition

#3 Best Places to Live in America

Ranked #3 in the entire United States for outstanding high school graduation rate, library accessibility, kid-friendly activities, cultural diversity, public safety, affordability and international cuisine

Source:Money Magazine
Date:2017

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