512 S Lincoln Avenue, Monterey Park, CA 91755

About this property

Clean and Well Maintained Income Property located minutes away from restaurants and public transportation. Centrally located between the 60 and 10 FWy. This property has been well taken care of...new paint, new roof, parts of the driveway has recently been re-paved for proper drainage, and ALL UNITS have NEW KITCHEN and BATHROOM(S)!! Great tenant and landlord relationship. Coin Operated laundry room on site with separate meters. Very low maintenance, some grass in the front and back of the lot. Top unit (A) has a spectacular view of the mountains and city lights.. Rents are not at it's potential, there is a lot of room to grow. In Alhambra Unified School District. MUST SEE TO APPRECIATE! CAP RATE Potentially at 5.5% **Drive by Only...Please refrain from speaking with the tenants and do not walk on property**

Listing description from the November 2013 sale, as reported to CRMLS.

Sale history

$1,028,000

Sold November 2013 · listed $1,080,000, on market July 2013 · MLS #WS13138814 · Source: CRMLS

Listing Agent: MAY KUNKA · Listing Office: RE/MAX ELITE REALTY · Contact: 626-282-8857 · Bought with: STEPHEN CHAN · G E PROPERTY MANAGEMENT

$830,000

Sold November 2012 · listed $818,000, on market October 2012 · MLS #A12124620 · Source: CRMLS

Listing Agent: Katty Shen · Listing Office: Coldwell Banker Dynasty T.C. · Contact: 626-287-9636 · Bought with: Katty Shen · Coldwell Banker Dynasty T.C.

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