155 E Emerson Avenue, Monterey Park, California 91755, Monterey Park, 91755 - 0 bed, 0 bath
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Monterey Park, California 91755
This Triplex Investment Asset is a Strong Value Opportunity, listed at $1,550,000—positioned well above the $1,439,625 Fair Market Value. While the property commands a premium, its Condition Rating of 3 reflects significant interior renovations, including updated kitchens and baths. The versatile unit mix, featuring a spacious 4-bedroom owner's unit, provides a unique "house hack" potential in a highly rated school district. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, income-generating asset in the San Gabriel Valley.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 155 E Emerson Avenue Subject | $1,550,000* List Price | 0 | 0 | 4,028 | $357 | - |
A 325 Russell Avenue Sold | $1,500,000 | 0 | 0 | 4,736 | $317 | 0.5 mi |
B 351 S Lincoln Active Under Contract | $1,198,000 List Price | 0 | 0 | 2,590 | $463 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1975, the property has undergone significant interior renovations. The kitchen features updated cabinetry and solid-surface countertops, and the bathrooms show modern subway tile and updated vanities (likely 5-15 years old). The units appear well-maintained and move-in ready, though some dated elements like popcorn ceilings remain.
The property features a rare 4-bedroom owner's unit alongside two 2-bedroom units, providing exceptional flexibility for multi-generational living or owner-occupants looking to offset their mortgage.
Situated in a highly desirable Monterey Park neighborhood, the property benefits from proximity to top-rated schools, diverse dining, and easy freeway access, ensuring consistent tenant demand.
With over 4,000 square feet of total living area, the units offer the scale and functionality of single-family homes, which is a significant competitive advantage in the rental market.
Built in 1975, the property may require updates to major systems or cosmetic renovations to meet modern aesthetic standards and command top-of-market rents.
At a $1.55 million listing price, the initial capital requirement is substantial, which may result in tighter immediate cash flow for pure investors compared to older or smaller assets.
Exceptional triplex investment opportunity in the highly desirable City of Monterey Park. Built in 1975, this property features an attractive unit mix consisting of one very spacious 4-bedroom, 3.5-bath owner's unit with one bedroom on the first floor (Unit A) and two 2-bedroom, 2-bath units (Units B & C), offering flexibility for both investors and owner-occupants. The expansive primary unit provides the comfort and functionality of a single-family home, while the two additional units present excellent rental income potential. Whether you're looking to live in one unit while offsetting your mortgage with rental income or add a quality multi-family asset to your investment portfolio, this property offers a rare combination of size, versatility, and long-term value. Conveniently located in the heart of Monterey Park, residents enjoy convenient access to all the city has to offer. Located just steps away from shopping, dining, parks, and easy access to major freeways, making this an attractive location for tenants and homeowners alike. Don't miss this outstanding opportunity to own a well-located triplex in one of the San Gabriel Valley's most sought-after communities and highly rated school districts!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 4,028 | 4,040 |
| Lot Size | 7,266 | 11,876.5 |
| Price | $1.55M | $1.27M |
| Price per sq ft | $385 | $535 |
| Built year | 1975 | 1963 |
| HOA | $0 | $0 |
| Days on market | 21 | 48 |
Jul 1, 2026
$1,550,000
Initial Listing
Dec 2, 1997
$340,000
Public Record