Prime Monterey Park Investment Opportunity! Ideally situated in the heart of Monterey Park, just minutes from the Garfield Avenue and I-10 Freeway interchange, this exceptional income property offers a rare combination of location, scale, and value-add potential. The property features four separate buildings with five units, including two 3 bedroom, 2 bath and three 2 bedroom, 1 bath units, providing a versatile unit mix appealing to a broad range of tenants. Expansive 17,172 square foot lot with approximately 5,293 square feet of building area offers impressive scale and potential for long-term value appreciation. A total of 12 parking spaces and Four garages provides exceptional parking convenience. All five units are individually metered for gas and electricity, offering added convenience for utility management. Zoned R3, the property may offer future multi-unit development potential, subject to city regulations and approvals. Current rents are below market, presenting an estimated rental upside of over 30% and an excellent opportunity to increase income through strategic rent adjustments. The property underwent seismic retrofitting in 2011. With its expansive lot, versatile five-unit configuration, and significant rental upside, this is a compelling value-add investment with exceptional potential. Don’t miss this rare opportunity to unlock the full value of a high-potential income property in one of Monterey Park’s most desirable locations!
Property Details
Price:
$2,980,000
MLS #:
WS26234770
Status:
Active
Beds:
12
Baths:
7
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
641montereypark
Listed Date:
Nov 1, 2026
Finished Sq Ft:
5,293
Lot Size:
17,177 sqft / 0.39 acres (approx)
Year Built:
1957
See this Listing
Schools
School District:
Alhambra
High School:
Mark Keppel
Interior
Appliances
Gas Cooktop, Gas Range, Gas Oven
Bathrooms
7 Full Bathrooms
Cooling
Wall/Window Unit(s)
Laundry Features
Laundry Room, Outside
Levels
Two
Main Level Bathrooms
7
Main Level Bedrooms
12
Exterior
Attached Garage YN
1
Common Walls
No Common Walls
Community Features
Suburban
Covered Spaces
5
Garage Spaces
5
Lot Features
2-5 Units/Acre
Parking Spots
5
Parking Total
5
Roof
Shingle
Stories
2
View
Neighborhood
Financial
Map
Community
- Address523 N Lincoln Monterey Park CA
- CityMonterey Park
- CountyLos Angeles
- Zip Code91755
Market Summary
Current real estate data for Single Family in Monterey Park as of Nov 01, 2026
62
Single Family Listed
50
Avg DOM
651
Avg $ / SqFt
$1,211,835
Avg List Price
Property Summary
- 523 N Lincoln Monterey Park CA is a Single Family for sale in Monterey Park, CA, 91755. It is listed for $2,980,000 and features 12 beds, 7 baths, and has approximately 5,293 square feet of living space, and was originally constructed in 1957. The current price per square foot is $563. The average price per square foot for Single Family listings in Monterey Park is $651. The average listing price for Single Family in Monterey Park is $1,211,835.
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