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523 N Lincoln
Monterey Park CA 91755 US

$2,980,000

Active Listing ID WS26227750
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12 bed
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7.00 Bath (7 Full)
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Lot: 0.39 Acres
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Other

$2,980,000

Active Listing ID WS26227750
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523 N Lincoln 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 three 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!

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Property Features

  • Facts
  • Lot Size: 0.39 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 7

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 2980000
  • unparsedaddress: 523 N Lincoln
  • postalcity: Monterey Park
  • stateorprovince: CA
  • country: US
  • postalcode: 91755
  • bathroomsfull: 7
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.3943
  • lotsizeunits: Acres
  • lotsizearea: 0.3943
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: CINDY JIE
  • listagentemail: homesbycindyjie@gmail.com
  • listagentkey: 3yd-MRMLSCA-WS81749
  • listagentmlsid: WS81749
  • listagentpreferredphone: 6262164228
  • listagentofficephone: 6262164228
  • listofficekey: 3yd-MRMLSCA-20652
  • listagentstatelicense: 02053015
  • listofficemlsid: 20652
  • disclaimer: Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1957
  • listingcontractdate: 2026-10-23
  • listagenturl: http://www.usnationalrealty.com/
  • countyorparish: Los Angeles
  • parcelnumber: 5255011012
  • numberofunitstotal: 5
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 5
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bathroom 3, Laundry Room, Bedroom 4, Bathroom 4, Bedroom 7, Bedroom 3, Bathroom 6, Bedroom 8, Bedroom 6, Bathroom 1, Bedroom 9, Bedroom 10, Bedroom 12, Bathroom 2, Bedroom 11, Bedroom 2, Bathroom 5, Bedroom 5, Bedroom 1, Bathroom 7
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
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Listing Changed: 10/23/2026 6:28:24 PM GMT
Source Updated Date: 10/24/2026 10:55:23 AM GMT

Courtesy of: CINDY JIE, Pinnacle Real Estate Group, homesbycindyjie@gmail.com

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.