418 S Lincoln Ave, Monterey Park, California, United States

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Home For Sale

$1,488,000

418 S Lincoln Ave
Monterey Park, California, United States

7bd 4ba

Listed By: Realtyww Info

Listed On: 06/09/2023

Listing ID: GL10186333 View More Details

Description

Great Investment Opportunity in prime Monterey Park location! This property features detached Front House and two identical units: A and B on a large, extended 9, 416 SQFT lot. The Front house roughly 1, 088 SQFT consists of 3 bedrooms and 2 bathrooms with separate downstairs laundry and bonus storage space, possibility to make additional studio unit. Also, Neat front yard and back covered patio ideal for outdoor relaxation and entertaining. Both Units A and B roughly 1, 064 SQFT each have spacious, oversized floorpans that offer 2 bedrooms, 1 bath with separate in-unit washer/dryer hookups room, ample cabinetry and closets throughout for additional storage. Additional highlights include, engineered wood flooring, updated cabinetry, granite countertops in functional kitchen, and separate dining area! The possibilities are endless: each unit has one carport parking space with extra yard space and long driveway. There are two bonus storage rooms for additional storage or rental income! Whether you're an investor looking for a great income-producing property or a homeowner looking to live in one unit and rent out the others, this triplex is an excellent opportunity to cater to all lifestyles and preferences. Value-add opportunity to convert carport to additional unit for more rental income, check with city for all permits and lot potential. Don't miss your chance to own this gem in Monterey Park.

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Listed by: Circa Properties, Inc.

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