By David Barron
Despite frequent complaints about traffic, airplane noise, high priced homes and rentals and lack of local diverse shopping opportunities, Money Magazine, a national consumer financial publication, has named Monterey Park as one of the best places to live in America. The city was ranked high in 3rd place in the list of best city's to live in when Money Magazine released its top 100 spots that reportedly offer a healthy economy, affordable housing and a high quality of life.
The magazine described Monterey Park as a small city that offers plenty of recreational activities, especially for families.
Fishers, Indiana, topped the list, followed by Allen, Texas.
Santa Monica took the 18th spot and Los Alamitos made the cut as No. 60.
In its website, Money Magazine said that Monterey Park’s offers "relatively easy commute throughout the relatively pricey L.A. area.”
Realtor.Com sponsors the Money Magazine article and survey. It stated that the Median home price in the city is $544.083, which is probably the price for a one-bedroom one-bath condo built 30 years ago or a post-World War II cottage built for returning GIs.
Meanwhile, many immigrants today share housing at illegal residential hotels and build illegal rooms in homes throughout the community.
Although Monterey Park is famous for more than 100 quality Asian Restaurants, the city has only two Latino eateries, one Italian restaurant (in addition to a couple of Pizza outlets).
Monterey Park is also working on a 45-acre shopping center that will be anchored by Home Depot and Costco, plus several fast-food chain restaurants.
The San Gabriel Valley failed to get the 710 Freeway extension approved, resulting in a huge growth of East-West traffic through the city’s main streets and many residential streets. Local residents avoid driving through Garfield and Atlantic streets that are north and southbound. Garvey Boulevard is the only major east-west bound street, resulting in traffic spilling over into residential streets.
The city’s lone attempt to get a dedicated bike path through an industrial park called Monterey Pass Road has been shelved because of the objections of property owners who do not want to share the road with bicyclists.
To increase city revenue, the city has been actively supporting the construction of hotels to serve the large number of Asian tourists that visit Southern California.
Despite four identified potential locations, only one hotel is under construction after years of planning efforts.
Airplane noise became an election issue last year. That’s because aircraft landing at Los Angeles International Airport circle over Monterey Park nearly every night. Residents who live in affluent homes in hills surrounding the city have loudly complained about the noise and recently supported a council candidate who raised the issue to city fathers and voters.