418 S Lincoln, Monterey Park, California 91755, Monterey Park, 91755 - 0 bed, 0 bath
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Monterey Park, California 91755
This Triplex Residential Income Asset represents a Prime Investment Opportunity, listed at $1,980,000, which aligns closely with its $1,957,355 Fair Market Value. Featuring an Excellent Condition Rating following recent renovations, this turnkey property offers immediate cash flow with responsible tenants already in place. Located in a top-rated school district with proximity to major retail and transit, the property provides long-term stability. This is an ideal acquisition for Buy-and-Hold Investors or 1031 Exchange Buyers seeking a high-performing, low-maintenance rental asset in a high-demand market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 418 S Lincoln Subject | $1,980,000* List Price | 0 | 0 | 3,216 | $609 | - |
A 216 E Graves Pending | $1,880,000 List Price | 0 | 0 | 3,344 | $562 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1963, the property has undergone a comprehensive recent renovation (likely within the last 5 years). Interior photos show mint condition with modern wide-plank flooring, recessed lighting, fresh paint, and updated mini-split HVAC systems in the rooms, indicating the systems and finishes are well within the 'Excellent' criteria.
Situated in a highly sought-after Monterey Park neighborhood with a top-rated school district and immediate proximity to major shopping, dining, and freeway access.
As a triplex with established, responsible tenants and high rental yields, the property offers immediate cash flow and reduced vacancy risk for investors.
The building is maintained in excellent condition, minimizing the need for immediate capital expenditures or significant renovations upon acquisition.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9419, other record lot size in square feet = 9344.
The current list price represents a significant premium over its 2023 sale price, which may tighten the capitalization rate for yield-focused investors.
Built in 1963, the property may eventually require updates to original infrastructure or utility systems to meet modern efficiency standards.
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.
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 | 3,216 | 4,040 |
| Lot Size | 9,419 | 11,876.5 |
| Price | $1.98M | $1.27M |
| Price per sq ft | $616 | $535 |
| Built year | 1963 | 1963 |
| HOA | $0 | $0 |
| Days on market | 47 | 48 |
Jun 5, 2026
$1,980,000
Initial Listing
Sep 21, 2023
$1,215,000
Public Record
Dec 3, 2009
$650,000
Public Record