418 S Lincoln Ave Monterey Park, CA 91755
Estimated payment $12,281/month
Highlights
- Main Floor Bedroom
- Neighborhood Views
- High Efficiency Air Conditioning
- Ynez Elementary School Rated A-
- Walk-In Closet
- Living Room
About This Home
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.
Listing Agent
KINGSTON REALTY Brokerage Phone: 909-682-3999 License #01990582 Listed on: 02/28/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,295
Year Built
- Built in 1963
Lot Details
- 9,419 Sq Ft Lot
- No Common Walls
- Vinyl Fence
- Density is up to 1 Unit/Acre
Home Design
- Triplex
- Entry on the 1st floor
- Shingle Roof
Interior Spaces
- 3,216 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Panel Doors
- Living Room
- Neighborhood Views
Kitchen
- Gas Oven
- Dishwasher
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- 4 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 3 Open Parking Spaces
- 6 Parking Spaces
- 3 Carport Spaces
Location
- Suburban Location
Utilities
- High Efficiency Air Conditioning
- High Efficiency Heating System
- Water Heater
Listing and Financial Details
- Legal Lot and Block 4 / L
- Tax Tract Number 786
- Assessor Parcel Number 5257020016
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $1,500
- Fuel Expense $720
- Insurance Expense $2,600
- Maintenance Expense $660
- Trash Expense $360
- Water Sewer Expense $960
- Operating Expense $6,800
- Gross Income $139,600
- Net Operating Income $139,600
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $16,295 | $1,239,300 | $729,300 | $510,000 |
| 2024 | $16,295 | $1,215,000 | $715,000 | $500,000 |
| 2023 | $11,112 | $806,442 | $496,275 | $310,167 |
| 2022 | $10,600 | $790,631 | $486,545 | $304,086 |
| 2021 | $10,467 | $775,129 | $477,005 | $298,124 |
| 2020 | $10,408 | $767,182 | $472,114 | $295,068 |
| 2019 | $10,104 | $752,140 | $462,857 | $289,283 |
| 2018 | $10,015 | $737,393 | $453,782 | $283,611 |
| 2016 | $9,291 | $708,761 | $436,162 | $272,599 |
| 2015 | $9,080 | $698,116 | $429,611 | $268,505 |
| 2014 | $9,031 | $684,442 | $421,196 | $263,246 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2025 08/11/25 | Price Changed | $2,050,000 | -8.9% | $637 / Sq Ft |
| 02/28/2025 02/28/25 | For Sale | $2,250,000 | +85.2% | $700 / Sq Ft |
| 09/21/2023 09/21/23 | Sold | $1,215,000 | -13.1% | $378 / Sq Ft |
| 06/23/2023 06/23/23 | Price Changed | $1,398,000 | -6.0% | $435 / Sq Ft |
| 06/08/2023 06/08/23 | For Sale | $1,488,000 | +22.5% | $463 / Sq Ft |
| 06/05/2023 06/05/23 | Off Market | $1,215,000 | -- | -- |
| 05/25/2023 05/25/23 | Price Changed | $1,488,000 | 0.0% | $463 / Sq Ft |
| 05/25/2023 05/25/23 | For Sale | $1,488,000 | +22.5% | $463 / Sq Ft |
| 05/24/2023 05/24/23 | Off Market | $1,215,000 | -- | -- |
| 05/05/2023 05/05/23 | For Sale | $1,480,000 | -- | $460 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,215,000 | Western Resources Title | |
| Grant Deed | $650,000 | Act | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title Co | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $600,000 | New Conventional | |
| Previous Owner | $143,000 | Stand Alone First |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS25045103
APN: 5257-020-016
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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