ATTENTION INVESTORS & RENOVATORS! Welcome to this incredible value-add opportunity in the heart of the established community of Monterey Park. This spacious 4+1-bedroom home offers over 2,000 square feet of potential, featuring a functional layout and a double attached garage. Priced specifically to reflect the need for TLC and cosmetic updates, this property is the perfect canvas for a fix-and-flip, a high-end rental, or a dream home project to build immediate sweat equity. The main floor is designed for large-scale living, boasting a sizeable front family room and an open-concept kitchen and living area. The kitchen is a chef’s dream in the making, equipped with a large central island, additional storage, a walk-in pantry, and a dining area large enough to fit the whole extended family. The living room features a classic brick wood-burning fireplace, ready to be the focal point of your modern redesign. The upper level is uniquely functional, offering four generous bedrooms a rare find. The sprawling primary suite includes a walk-in ensuite, while the three additional bedrooms are significantly larger than standard new-builds, sharing a full 4-piece bathroom. The basement is fully finished, providing a massive second rec room/media area, a boundless 5th bedroom, and another 4-piece bath, making it ideal for large families or a private guest wing. Outside, the huge backyard and newer deck are ready for summer BBQs and landscaping dreams. Situated on a quiet street within walking distance to schools, transit, and Monterey Square, with quick access to Stoney Trail. This home is sold in "as-is" condition. If you have the vision to bring this well-laid-out property back to its full glory, the upside is immense. Bring your design dreams to life and book your showing today!