This investment property is located in the heart of the beautiful city of Monterey Park. Each unit has two spacious bedrooms, a very clean full bath, and new paint and light fixtures. Each unit is identical in size and layout. This turnkey property offers a spacious living room with lots of natural light, a dining area, and a nice clean kitchen with laundry area and breakfast nook. The exterior has been maintained well and offers a nice landscaped yard, a spacious patio area, and a one car garage per unit. Monterey Park is a diverse community located adjacent to three major freeways that provide north-south and east-west access to all of Southern California. Because of its close proximity to Los Angeles, Monterey Park is well served by public rail and bus transit lines. Please note this property is a duplex with addresses 416 & 418 Riggin St. Each unit is 2 bedrooms & 1 bathroom and are approximately 900 sq. ft. With too many amenities to mention please don't miss this great opportunity for a first time buyer or investor!
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
5,969 Sq. Ft.
Year renovated
1949
Sq. Ft.
1,794
Year built
1949
Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
5273015015
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 7, 2026.
R-2
Medium-Density Residential Zone
This zone allows for medium density residential housing either as attached or detached multiple-family units. The permitted density is 0 to 16 units per acre.
Lot Features: Back Yard, Front Yard, Lawn, Landscaped, Paved, Park Nearby, Sprinkler System, Near Public Transit, Yard
Property Information
Total # of Units: 2
Common Walls: 1 common wall
Parcel Number: 5273015015
Attached Property
Property Condition: Updated/Remodeled, Turnkey
Year Built Source: Assessor
Financial
Assesments Information
Assessments: Unknown
Lease / Rental Details
Operating Expense: $7,985
Tenant Pays: Electricity, Gas
Utilities
Utilities Information
Electricity Available, Sewer Available, Water Connected
Water Source: District/Public
Location
Neighborhood Information
Community Features: Curbs, Sidewalks, Street Lighting, Storm Drains
Location Information
Latitude: 34.03639200
Longitude: -118.13687100
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,794
Stories: —
Lot Size: 5,969 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1949
Year Renovated: 1949
County: Los Angeles County
APN: 5273015015
Home facts updated by county records on Oct 7, 2026
Other
Listing Information
Days Active in MLS: 75
Continuous Days Active in MLS: 124
Listing Agent Information
List Agent First Name: Ryan
List Agent Last Name: Asao
Listing Office Information
List Office Name: Podley Properties
Selling Agent Information
Buyer Agent First Name: Ryan
Buyer Agent Last Name: Asao
Selling Office Information
Buyer Office Name: Podley Properties
Around this home
Schools
Bella Vista Elementary School
Public K-5 • Assigned • 0.1mi
5/10
Macy Intermediate School
Public 6-8 • Assigned • 0.7mi
7/10
Schurr High School
Public 9-12 • Assigned • 1.1mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
The Los Angeles County market is becoming more balanced, giving buyers a little more room to negotiate while well-priced homes can still attract strong interest. With homes taking longer to sell and buyers becoming more selective, pricing and...