418 S Lincoln Avenue, Monterey Park, California 91755, Monterey Park, 91755 - bed, bath
418 S Lincoln Avenue
Monterey Park, California 91755
Property Price
SUMMARY
Analysis of 418 S Lincoln Avenue, Monterey Park, California 91755 is currently available with a list price of $2,050,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Monterey Park Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 1963, this property shows evidence of significant and recent renovations, particularly in the bathrooms and general living areas. The bathrooms feature modern vanities, updated fixtures, and contemporary tile work, suggesting a renovation within the last 5-15 years. Interior spaces boast new laminate flooring, recessed lighting, and efficient mini-split AC units, indicating a move-in ready condition with modern comforts. The exterior appears well-maintained. However, a comprehensive assessment is limited by the absence of kitchen images. Assuming the kitchens have received similar updates to the bathrooms, the property aligns with a 'Good' condition, being well-maintained with updated components, though not a full, recent top-to-bottom renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Investment Opportunity
Explicitly marketed as a 'Great Investment Opportunity' with 'High rental income' and 'Very responsible tenants', indicating immediate cash flow potential and stable tenancy.
- Excellent Location & Convenience
Situated in a 'prime Monterey Park location' with convenient access to shopping malls, schools, restaurants, supermarkets, and freeways, enhancing its appeal to tenants and future buyers.
- Strong School District
Located within a 'Great school district', which is a significant draw for families and can contribute to property value appreciation and tenant demand.
CONSRISKS & DEFICIENCIES
- Age of Property
Built in 1963, the property is over 60 years old, which may imply potential for outdated systems (plumbing, electrical, HVAC) and deferred maintenance, despite general 'excellent conditions' mentioned for tenants.
- Recent Price Reduction
The list price has been reduced from $2.25M to $2.05M, which could suggest initial overpricing or challenges in attracting buyers at the higher price point, potentially indicating market resistance.
- Vague Condition Details
While 'Excellent conditions' is stated, the description lacks specific details on recent renovations, upgrades to major systems, or structural improvements, which could lead to unforeseen capital expenditures for a property of this age.
About 418 S Lincoln Avenue
Great Investment Opportunity in prime Monterey Park location! Great school district. Convenient location close to shopping malls, schools, restaurants, supermarkets and freeways. Excellent conditions, Very responsible tenants and High rental income.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1963
- Lot Size
- 9,419 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,216 | 2,923 | 67% |
| Lot Size | 9,419 | 12,735 | 33% |
| Price | $2.05M | $1.46M | 67% |
| Price per sq ft | $637 | $499 | 67% |
| Built year | 1963 | 1959 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 371 | 44 | 0% |
Pricing History
Listed for Sale
Aug 11, 2025
$2,050,000
Initial Listing
Price Change
Feb 28, 2025
$2,250,000
Initial Listing