$4,200,000
PENDING

215 N Lincoln Ave Monterey Park, CA 91755

Estimated payment $26,907/month

Total Views 1,627
6 Beds
5 Baths
13,660 Sq Ft
$307 Price per Sq Ft

Highlights

  • 0.59 Acre Lot
  • Traditional Architecture
  • Cooling System Mounted To A Wall/Window
  • Ynez Elementary School Rated A-
  • Side by Side Parking
  • Living Room

About This Home

Sold AS-IS

Listing Agent

Winston Wong

Winston Wong, Broker Brokerage Email: winston_wong@yahoo.com License #01290292 Listed on: 08/24/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 0.59 Acre Lot
  • No Common Walls
  • East Facing Home
  • Front Yard Sprinklers

Parking

  • 14 Car Garage
  • 14 Open Parking Spaces
  • Parking Available
  • Side by Side Parking
  • Parking Lot
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Turnkey
  • Flat Roof Shape
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Copper Plumbing

Interior Spaces

  • 13,660 Sq Ft Home
  • 2-Story Property
  • Living Room

Kitchen

  • Electric Range
  • Free-Standing Range
  • Range Hood

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • 220 Volts in Kitchen
  • Central Water Heater

Listing and Financial Details

  • Tax Lot 96
  • Tax Tract Number 481
  • Assessor Parcel Number 5255008001

Community Details

Overview

  • 2 Buildings
  • 14 Units

Amenities

  • Laundry Facilities

Building Details

  • 14 Leased Units
  • 14 Separate Electric Meters
  • 1 Separate Gas Meter
  • Insurance Expense $13,210
  • Trash Expense $4,423
  • Operating Expense $123,981
  • Gross Income $267,215
  • Net Operating Income $212,019

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Parking

14

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Window Bars, Smoke Detector(s)
  • Subdivision Name Other: Not Applicable
  • View: No
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 5255008001
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Full
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Laminate
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 307.47
  • Room Type: Living Room, Kitchen

Exterior Features

  • Direction Faces: East
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • Fence: No
  • Pool Private: No
  • Roof: Composition, Shingle, Rolled/Hot Mop, Flat
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Garage Spaces: 14.00
  • Parking: Yes
  • Parking Features: Assigned, On Site, Uncovered, Side by Side, Parking Space, Garage
  • Total Parking Spaces: 28.00
  • Uncovered Spaces: 14.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Water Heater Central, Water Heater, Range Hood, Free-Standing Range
  • Electric: 220 Volts in Kitchen
  • Heating Type: Electric
  • Laundry Features: Community, Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 4423.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Sprinklers In Front, Sprinklers Timer
  • Lot Size Sq Ft: 25515.00
  • Lot Size Acres: 0.5857

Rental Info

  • Tenant Pays: Cable TV, Telephone, Gas, Electricity

Multi Family

  • Gross Income: 267215.00
  • Gross Scheduled Income: 336000.00
  • Insurance Expense: 13210.00
  • Lot Size Area: 25515.0000 Square Feet
  • Net Operating Income: 212019.00
  • Number Of Separate Electric Meters: 14
  • Number Of Separate Gas Meters: 1
  • Number Of Units Leased: 14
  • Number Of Units Total: 14
  • Number With Range: 14
  • Operating Expense: 123981.00
  • Rent Control: No
  • Total Expenses: 123981.00

Tax Info

  • Tax Area: 01840
  • Tax Lot: 96
  • Tax Tract Number: 481...

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 Pending -- -- --
08/24/2025 08/24/25 For Sale $4,200,000 -- $307 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-23831

Pasadena-Foothills Association of REALTORS®