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

$1,398,000

13.1%
Est.Price: ?

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Est. payment /mo

9,417 Sqft Lot


SOLD DATE : 09/21/2023

Key Details

Sold Price $1,215,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID WS23077612

Sold Date 09/21/23

HOA Y/N No

Year Built 1963

Lot Size 9,417 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.

Location

State CA

County Los Angeles

Area 641 - Monterey Park

Zoning MPR2YY

Interior

Interior Features Ceiling Fan(s), Granite Counters, Storage

Cooling Whole House Fan, Wall/Window Unit(s)

Flooring Carpet, Laminate

Fireplaces Type None

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room

Exterior

Parking Features Carport, Detached Carport, Driveway Down Slope From Street, Driveway

Carport Spaces 3

Pool None

Community Features Suburban

Roof Type Shingle

Total Parking Spaces 5

Private Pool No

Building

Lot Description Sloped Down

Story 2

Entry Level Multi/Split

Sewer Public Sewer

Water Public

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5257020016

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

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

+1(619) 519-2303

steve@stevelucal.com

PO Box 181892, Coronado, California, 92178, United States

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