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318 S Lincoln Ave, Monterey Park, CA, 91755
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318 S Lincoln Ave Monterey Park, CA, 91755

$1,750,000 Home for sale 6 beds 6 baths 3,054 sqft

Welcome to 318 and 320 S Lincoln Ave. Discover an exceptional investment opportunity in the highly desirable area of Monterey Park! This property comprises three units, each featuring 2 bedrooms and 2 bathrooms: unit 318A and 318B offer approximately 1,100 sqft, while unit 320 provides approximately 800 sqft, all nestled on a generous 11,725 sqft FLAT lot. The front house consists of two units, 318A and 318B, each boasting its own private courtyard, laundry facilities, and water heater. Additionally, there's a third unit resides above the detached garage. The property also boasts an expansive backyard with potential for additional units, or re-development, buyer to verify. Currently, Unit 318A and 318B are tenant-occupied at $1,770 and $2,250 per month respectively, while the back unit is vacant, with a market rent potential of $2,500. Each unit comes with 2 outdoor parking spaces, with the garage spaces currently utilized by the owner. Tenants are responsible for their own utilities (water/trash, electricity, gas, internet), while the owner covers common area utilities (water/trash/electricity/gas) and gardening services. The property is equipped with 4 gas meters, 4 electric meters, 3 sub water meters, and 1 master water meter. New upgrades include AC, windows and water heaters
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Property details

3,054 sqft interior area
Property type
Home
Interior area
3,054 sqft
View
None
Land area
11,726 sqft (0.27 acres)
Price per sqft
$573/sqft
Days on Verhouse
29
Address
318 S Lincoln Ave, Monterey Park, CA, 91755
City of California
Monterey Park
County
Los Angeles
nr.of parking places
3
Stories
2
Year Built
1973
District
Listing
Stories
Two Story
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Open Houses

No upcoming open houses

Interior Features

3 parking places
Beds
6
Baths
6
Stories
Two Story
Parking
3
Garage & Parking
Attached
Fireplaces
None
Laundry Features
Inside
Heathing & Cooling
Central Air, Central

Listed by

Yuan Le, Ricky&Jessie Realty
Name
Yuan Le
License number
01947274
Brokerage company
Ricky&Jessie Realty
MLS #
CRTR24074237

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Calculate your monthly payments
Mortgage
$5,373
Taxes
$0
HOA dues
$0
$5,373 per month
Mortgage
$350,000 / 20%
2.28%
30 years
Your amount $5,373 / month

Exterior Features

Pool
None

Lot details

TMK #5257020058
Lot Description
Street Light(s)
Parcel nr.
5257020058

91755 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data

People living in 91755

37%
Families with children
National average: 39%
25%
Non family households
480,739
Population
$71,465
Average Income

Age & gender

Median age 40 years
More info

Commute types

89% commute by car
More info

Education level

25% have high school education
More info

Number of employees

2% work in education and healthcare
More info

Vehicles available

37% have 2 vehicle
More info

Vehicles by gender

37% have 2 vehicle
More info

Housing market insights for

$1m
Neighborhood average
sales price*
$887k
Neighborhood median
sales price*
423
Number
of sales*

Housing type

52% are single detacheds
More info

Rooms

47% of the houses have 4 or 5 rooms
More info

Bedrooms

68% have 2 or 3 bedrooms
More info

Owners vs Renters

54% are renters
More info
12.83 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

New Listing Apr 14, 2024
Date Event Price $/sqft Source
Apr 14, 2024 New Listing $1,750,000 573.02 MLS #CRTR24074237
Apr 14, 2024 New Listing $1,750,000 573.02 MLS #CRTR24074240
Apr 15, 2024 Temporarily Withdrawn $1,750,000 573.02 MLS #CRTR24035915
Feb 25, 2024 New Listing $1,750,000 573.02 MLS #CRTR24035915

Taxes of 318 S Lincoln Ave, Monterey Park, CA, 91755

MPR2 zoning / MLS #CRTR24074237
Zoning
MPR2

Agent viewpoints of 318 S Lincoln Ave, Monterey Park, CA, 91755

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Frequently Asked Questions about 318 S Lincoln Ave

What is 318 S Lincoln Ave?

318 S Lincoln Ave, Monterey Park, CA, 91755 is a single family home located in the city of Monterey Park, California with zipcode 91755. This single family home has 6 bedrooms & 6 bathrooms with an interior area of 3,054 sqft.

Which year was this home built?

This home was build in 1973.

What is the full address of this Home?

318 S Lincoln Ave, Monterey Park, CA, 91755.

Are grocery stores nearby?

The closest grocery stores are T.S. Emporium, 0.27 miles away and Quang Hoa Super Market, 0.29 miles away.

What is the neighborhood like?

The 91755 zip area has a population of 480,739, and 37% of the families have children. The median age is 40.91 years and 89% commute by car. The most popular housing type is "single detached" and 54% is renter.

Based on information from the bridgeMLS as of 05-12-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing last updated on: Apr 29, 2024
Verhouse Last checked 5 minutes ago

318 S Lincoln Ave, Monterey Park, CA, 91755 is a single family home located in the city of Monterey Park, California with zipcode 91755. This single family home has 6 bedrooms & 6 bathrooms with an interior area of 3,054 sqft on a 11,725 sqft sqft lot. This house was build in 1973.
The closest grocery stores are T.S. Emporium, 0.27 miles away and Quang Hoa Super Market, 0.29 miles away.
The 91755 zip area has a population of 480,739, and 37% of the families have children. The median age is 40.91 years and 89% commute by car. The most popular housing type is "single detached" and 54% is renter.

*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.

Home For sale $1.75m 318 S Lincoln Ave, Monterey Park, CA, 91755 6 beds / 6 baths / 3,054 sqft Save House Remove from Saved