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Duplex for Sale 351 S Lincoln Ave 2 Unit Apartment Building $1,780,000 ($890,000/Unit) Monterey Park, CA 91755

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Investment Highlights

  • Great view of the city and San Gabriel Mountains
  • The Units are in the excellent condition
  • Balcony, lighting, rain glutters
  • Excellent location in the City of Monterey Park, close to the 60 and 10 Freeways

Executive Summary

Excellent condition duplex in the great city of Monterey Park. This duplex features a front two-story building with 3 bedrooms, 2 bathrooms, entering this unit, one will be at the large living room with a gas fireplace and a great view of the San Gabriel area and mountains. At the end of this room is the dining room with an exit sliding door to the outside balcony and that great view of the city and mountains. Right next to the dining room is the kitchen featuring a freestanding gas stove, kitchen sink with a garbage disposal and a dishwater, AND, a breakfast nook. Next to that is an exit door to the rear parking lot featuring 2 parking spots next to each other with space enough to park another car behind each car for a total of 4 parking spots as well as multiple storage cabinets for each unit and a laundry room for the front unit. At the front door there is a great looking staircase leading to the upstairs level featuring a full bathroom for the 3 bedrooms upstairs that have that a great view of the cities and mountains. Next to the parking lot is the 2nd unit with a stairway leading to the front door. The unit features 2 bedrooms and a full bath. As one enters the front door, this unit has a large living room and dining room combination and features a free-standing portable fireplace. Next to the dining room will be the kitchen featuring a refrigerator and a free-standing stove as well as an open view to the dining and living room as well as exit door to the side of the building and ease access to the rear of the building for the kids to play. As one walk thru the hallway inside there is a laundry room and next to that is a full bath features a skylight on the ceiling. Next will be the 2 bedrooms with one of them having a walk out balcony for sitting and relaxing. The rear yard is great for entertaining or the children to play. Bring your clients to see this beautiful property before ti is gone.

Property Facts

Price $1,780,000
Price Per Unit $890,000
Sale Type Investment
Sale Conditions
1031 Exchange
  • High Vacancy Property
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.13 AC
Building Size 2,590 SF
No. Stories 2
Year Built 1963
Zoning MPR2YY

Amenities

Site Amenities

  • 24 Hour Access
Walk Score®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
5257-018-029
Land Assessment
$170,307
Improvements Assessment
$163,630
Total Assessment
$333,937
  • Listing ID: 35557291

  • Date on Market: 4/18/2025

  • Last Updated:

  • Address: 351 S Lincoln Ave, Monterey Park, CA 91755

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