351 S Lincoln, Monterey Park, California 91755, Monterey Park, 91755 - 0 bed, 0 bath
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Monterey Park, California 91755
This Residential Income Duplex represents a High-Potential Investment Opportunity with a List Price of $1,290,000—positioned well below the $1,546,314 Fair Market Value by 16%. This valuation gap provides $256,314 in Instant Equity for buyers. While the property holds a Well-Maintained Condition Rating, it offers significant value-add potential through cosmetic modernization of its 1963 interiors. Featuring Granite Countertops, Private Decks, and separate utility meters, the asset is ideally located near Atlantic Times Square to ensure high rental demand. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 351 S Lincoln Subject | $1,290,000* List Price | 0 | 0 | 2,590 | $597 | - |
A 417 Sefton Sold | $1,250,000 | 0 | 0 | 2,588 | $483 | 0.4 mi |
B 425 Sefton Sold | $1,460,000 | 0 | 0 | 2,923 | $499 | 0.4 mi |
C 117 Gladys Ave Sold | $1,188,000 | 0 | 0 | 2,080 | $571 | 0.6 mi |
D 900 E Mabel Avenue Sold | $1,080,000 | 4 | 3 | 1,878 | $575 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this duplex is well-maintained but shows clear signs of being outdated. While it features some updates like granite countertops and laminate flooring, the original wood cabinetry, popcorn ceilings, and retro built-in breakfast nook indicate that major renovations have not occurred recently. The property is functional and move-in ready but requires cosmetic modernization to meet current market standards.
Ideally situated near Atlantic Times Square, Costco, and major dining hubs with quick access to the 10 Freeway, ensuring high tenant demand and low vacancy rates.
Both units offer desirable amenities including granite countertops, private outdoor decks, and fireplaces, which enhance rental value and occupant satisfaction.
The property features separate gas and electricity meters for each unit, significantly reducing landlord oversight and operational expenses.
The 4-car tandem parking arrangement may be inconvenient for multi-tenant households, potentially leading to logistical challenges for residents.
While gas and electric are separate, the shared water meter requires the owner to either manage complex billing splits or absorb the cost as an operating expense.
This prime duplex investment opportunity is ideally located near Garfield Avenue and Garvey Avenue, surrounded by dining, shopping, and everyday conveniences including Costco and Atlantic Times Square. With parks, schools, and easy access to the 10 Freeway, the location offers strong tenant appeal and long-term rental potential. The property features 5 bedrooms and 2.5 bathrooms with approximately 2,590 sq.ft. of living space across two units. Each unit has separate gas and electricity meters, with shared water. Tandem parking accommodates up to 4 vehicles, with additional storage. The front unit includes a dedicated laundry area. Front Unit (Unit A) Two-story with 3 bedrooms and 1.5 bathrooms. Features central A/C and an additional wall A/C. The main level offers a bright living room with fireplace, laminate flooring, and sliding doors leading to a deck and private yard. The kitchen includes granite countertops, ample cabinetry, and a breakfast nook. A powder room and under-stair storage add convenience. Upstairs offers three bedrooms and a full bath with skylight. Back Unit (Unit B) Single-story with 2 bedrooms and 1 bathroom. Living room features a freestanding fireplace, natural light, backyard access, and wall A/C. The kitchen includes wood cabinetry, granite counters, and tile flooring, next to a dining area. A hallway leads to a laundry area and a full bath with skylight. One bedroom offers access to a private enclosed deck. The backyard provides space for outdoor use.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,590 | 2,334 | 67% |
| Lot Size | 5,987 | 8,597 | 17% |
| Price | $1.29M | $1.22M | 67% |
| Price per sq ft | $498 | $535 | 33% |
| Built year | 1963 | 1955 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 86 | 17% |
Apr 10, 2026
$1,290,000
Initial Listing