523 N LINCOLN AVE Monterey Park, CA 91755

226292190 34.0682 -118.12112 766 /listing/226292190-150106919/523-n-lincoln-ave-monterey-park-ca-91755 False 0 2125000.0 5293 105 12 7 18411844 False
  • $2,125,000
  • 12 bd
  • 7 ba
  • 5,293 sqft
  • 17,172 lot
  • Est payment $11407.46/mo

Property & Neighborhood Info

Courtesy Of David Harrington, BRE #: 01320460, Matthews Real Estate Investment Services

Multi-Family in Monterey Park

523 N. Lincoln Avenue offers a great opportunity for either an investor or an owner/use to own and operate in prime Monterey Park. The unit mix consists of: (1) 3BR/2BA House, (1) 3BR/2BA Unit, (1) 2BR/1BA House, and (2) 2BR/1BA Units. The property sits on a 17,172 lot with MPR3* zoning with future development potential. Current rents are low, and the upside potential is over 30%. The building area is 5,293 SF which means the units on average are about 1,000 SF each. There are 12 total parking spaces and the property is individually metered for gas and electricity. This is a rare offering in Monterey Park with a very favorable unit mix. **Property was seismic retrofitted in 2011**

Courtesy Of David Harrington, BRE #: 01320460, Matthews Real Estate Investment Services
  1. 12 Beds
  2. 7 Baths
  3. 5,293 Sq. Ft.
  4. 17,172 Lot

Main Features

  • Listing Status: For Sale Under Contract
  • Year Built: 1957
  • County: Los Angeles
  • Units: 5
  • Zoning: MPR3*
  • MLS Number:18411844

Additional Features

  • Cooling:
    • Wall Unit(s)
  • Appliances:
    • None
  • Has Pool:
    • N
  • Parking Types:
    • Tandem
  • Heating:
    • Wall Heater
  • Special Conditions:
    • Standard Sale
  • MLSSystem ID:
    • CARETS_CLAW
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Carl Feldstein
Carl Feldstein

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523 N LINCOLN AVE Monterey Park, CA 91755

226292190 34.0682 -118.12112 766 /listing/226292190-150106919/523-n-lincoln-ave-monterey-park-ca-91755 False 0 2125000.0 5293 105 12 7 18411844 False
  • $2,125,000
  • 12 bd
  • 7 ba
  • 5,293 sqft
  • 17,172 lot
  • Est payment $11407.46/mo