Monterey Park, CA 91755,418 S Lincoln Avenue
Monterey Park, CA 91755,418 S Lincoln Avenue
Monterey Park, CA 91755,418 S Lincoln Avenue
Monterey Park, CA 91755,418 S Lincoln Avenue
Monterey Park, CA 91755,418 S Lincoln Avenue
Monterey Park, CA 91755,418 S Lincoln Avenue
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$1,215,000

$1,398,000

13.1%
Est.Price: ?

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Est. payment /mo

7 Beds

4 Baths

9,416 Sqft Lot


SOLD DATE : 09/21/2023

Key Details

Sold Price $1,215,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID WS23077612

Sold Date 09/21/23

Bedrooms 7

HOA Y/N No

Lot Size 9,416 Sqft

Property Description

Great Investment Opportunity in prime Monterey Park location! This property features detached Front House and two identical units: A and B on a large, extended 9,416 SQFT lot. The Front house roughly 1,088 SQFT consists of 3 bedrooms and 2 bathrooms with separate downstairs laundry and bonus storage space, possibility to make additional studio unit. Also, Neat front yard and back covered patio ideal for outdoor relaxation and entertaining. Both Units A and B roughly 1,064 SQFT each have spacious, oversized floorpans that offer 2 bedrooms, 1 bath with separate in-unit washer/dryer hookups room, ample cabinetry and closets throughout for additional storage. Additional highlights include, engineered wood flooring, updated cabinetry, granite countertops in functional kitchen, and separate dining area! The possibilities are endless: each unit has one carport parking space with extra yard space and long driveway. There are two bonus storage rooms for additional storage or rental income! Whether you're an investor looking for a great income-producing property or a homeowner looking to live in one unit and rent out the others, this triplex is an excellent opportunity to cater to all lifestyles and preferences. Value-add opportunity to convert carport to additional unit for more rental income, check with city for all permits and lot potential. Don't miss your chance to own this gem in Monterey Park.
Great Investment Opportunity in prime Monterey Park location! This property features detached Front House and two identical units: A and B on a large, extended 9,416 SQFT lot. The Front house roughly 1,088 SQFT consists of 3 bedrooms and 2 bathrooms with separate downstairs laundry and bonus storage space, possibility to make additional studio unit. Also, Neat front yard and back covered patio ideal for outdoor relaxation and entertaining. Both Units A and B roughly 1,064 SQFT each have spacious, oversized floorpans that offer 2 bedrooms, 1 bath with separate in-unit washer/dryer hookups room, ample cabinetry and closets throughout for additional storage. Additional highlights include, engineered wood flooring, updated cabinetry, granite countertops in functional kitchen, and separate dining area! The possibilities are endless: each unit has one carport parking space with extra yard space and long driveway. There are two bonus storage rooms for additional storage or rental income! Whether you're an investor looking for a great income-producing property or a homeowner looking to live in one unit and rent out the others, this triplex is an excellent opportunity to cater to all lifestyles and preferences. Value-add opportunity to convert carport to additional unit for more rental income, check with city for all permits and lot potential. Don't miss your chance to own this gem in Monterey Park.

Location

State CA

County Los Angeles

Area Monterey Park (91755)

Zoning Assessor

Interior

Cooling Attic Fan, Wall/Window

Building

Story 2

Lot Size Range 7500-10889 SF

Level or Stories Split Level

Others

Acceptable Financing Cash

Space Rent $2,100

Listing Terms Cash

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San Diego Regional MLS (SDMLS)
Listed by WINNIE LO • CIRCA PROPERTIES, INC.
Bought with WEN LUO • KINGSTON REALTY
agent-avatar

+1(858) 414-1153

robyn@robynflint.com

Scripps Ranch, 92131, United States

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