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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
34
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
Virtual Tour
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
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
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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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
$1.01m
Neighborhood average
sales price*
sales price*
$898.38k
Neighborhood median
sales price*
sales price*
423
Number
of sales*
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
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
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 05-17-2024. 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 4 minutes ago
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.
