Home | Los Angeles County | Monterey Park | 91755 | 523 N Lincoln
MLS: CRWS26234770 | Status: Active | Price: $2,980,000
Beds/Baths: 12 / 7
Property Type: Residential
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| 12 | 7 | 5,293 | 0.394 | 1957 |
Prime Monterey Park Investment Opportunity! Ideally situated in the heart of Monterey Park, just minutes from the Garfield Avenue and I-10 Freeway interchange, this exceptional income property offers a rare combination of location, scale, and value-add potential. The property features four separate buildings with five units, including two 3 bedroom, 2 bath and three 2 bedroom, 1 bath units, providing a versatile unit mix appealing to a broad range of tenants. Expansive 17,172 square foot lot with approximately 5,293 square feet of building area offers impressive scale and potential for long-term value appreciation. A total of 12 parking spaces and Four garages provides exceptional parking convenience. All five units are individually metered for gas and electricity, offering added convenience for utility management. Zoned R3, the property may offer future multi-unit development potential, subject to city regulations and approvals. Current rents are below market, presenting an estimated rental upside of over 30% and an excellent opportunity to increase income through strategic rent adjustments. The property underwent seismic retrofitting in 2011. With its expansive lot, versatile five-unit configuration, and significant rental upside, this is a compelling value-add investment with
| Field | Value |
|---|---|
| MLS # | CRWS26234770 |
| MLS Source | California Regional MLS |
| Days on Site | 10 |
| Feature | Details |
|---|---|
| Kitchen | Other |
| Appliances | Other, Oven - Gas, Oven Range - Gas |
| Fireplace | None |
| Laundry | In Laundry Room, Other |
| Cooling | Window/Wall Unit |
| Feature | Details |
|---|---|
| Roof | Shingle |
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 5 Car(s) |
| Elementary District | Alhambra Unified |
| High School District | Alhambra Unified |
| HOA Fee | $0 |
CINDY JIE
Pinnacle Real Estate Group
License #: 02053015
Phone: (626) 216-4228
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 425 S Orange Ave | $2,480,000 | 14 | 7/1 | 6,708 | Active |
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This listing information is up-to-date as of November 06, 2026. For the most current information, please contact CINDY JIE, (626) 216-4228.