Welcome to an exceptional investment opportunity in the highly desirable area of Monterey Park. This impressive triplex features three separate units, with two units offering 2 bedrooms and 1 bathroom each, and the third unit with 1 bedroom and 1 bathroom. The units have unique layouts, and they all come with long-term tenants, ensuring a steady stream of income. The total living space of nearly 2,500 square feet and the over 8,000 square feet lot size provide plenty of space for comfortable living. The detached garage with 3 parking spaces and extra storage space offers convenience and security for tenants. The property generates a rental income of $ per month, with potential to increase further to market rent. Additional income can be generated from leasing out the extra parking space and storage shed. These features make this an ideal investment opportunity for investors looking to earn stable passive income. The location of this triplex offers easy access to major freeways such as the 60 and 10, as well as local amenities, including shopping centers, restaurants, schools, and college. Tenants can enjoy a comfortable living experience in well-maintained living spaces with plenty of natural light and ample closet space. The backyard is a good size, providing ample space for outdoor activities such as barbecues. This triplex sits on a large lot, allowing for potential expansion or development, making it an excellent investment opportunity. With a desirable location and the potential for increased rental income, this investment property is not to be missed. Don't miss your chance to own this fantastic investment property and take advantage of the rental market's increasing demand in the City of Monterey Park.
Multi-familyProperty Type
1948Year Built
8,001 sq ftLot Size
$492Est. Price/Sq.Ft.
3 car garageParking
Listed by Milan Lai•DRE #01514674• Keller Williams Signature Realty
Bought with Herbert Rivas•DRE #01165301• Century 21 All Moves
*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
Permits
Beds
5
Baths
3
Stories
—
Lot width
—
Lot depth
—
Lot size
8,003 Sq. Ft.
Year renovated
1948
Sq. Ft.
2,620
Year built
1948
Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
5266006034
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.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Public service
Educational/school
Park & open space
May 23, 2014 • Final
Residential building alteration-repair
Remodel
May 23, 2014 • Final
Residential building alteration-repair
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking / Garage Information
# of Garage Spaces: 3
Assigned, Garage, On Site
Has Parking
# of Parking Spaces: 3
Interior
Laundry Information
Has Laundry
Gas & Electric Dryer Hookup
Room Information
All Bedrooms Down, All Bedrooms Up
Flooring Information
Carpet, Laminated
Interior Features
Entry Level: 3
Entry Location: 3
Levels: Two
Unit Type 1 Information
Unit Key Numeric: 11680094
Listing Key Numeric: 371344202
Actual Rent: $1,920
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 2
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $1,920
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 11680095
Listing Key Numeric: 371344202
Actual Rent: $2,000
Total # of Baths: 1
# of Baths Full: 1
Furnished: Unfurnished
Total # of Beds: 2
# of Garage Spaces: 1
Total Rent: $2,000
Total # of Units: 1
Unit Type 3 Information
Listing Key Numeric: 371344202
Unit Key Numeric: 11680096
Actual Rent: $1,485
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 1
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $1,485
Total # of Units: 1
Expenses
Trash: $720
Total: $13,420
Licenses: $200
Insurance: $1,300
Water Sewer: $1,680
New Taxes: $8,800
Gardener: $720
Multi-Unit Information
# of Units With Range: 3
Net Operating Income: $51,020
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 2,620
Gross Scheduled Income: $64,860
Gross Operating Income: $64,860
Gross Income: $64,860
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 3
# Of Separate Electric Meters: 3
# Of Buildings: 2
# of Wall AC: 3
Vacancy Allowance: 0
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 2-5 Units/Acre
Property Information
Total # of Units: 3
Common Walls: No Common Walls
Parcel Number: 5266006034
Total # of Stories: 2
Year Built Source: Appraiser
Financial
Lease / Rental Details
Operating Expense: $13,420
Rent Control
Tenant Pays: Electricity, Gas, Repairs, Phone
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Neighborhood Information
Community Features: Curbs
Location Information
Latitude: 34.03687100
Longitude: -118.14115700
Directions: Riggin St and S. Bradshaw Ave
Zoning: MPR2*
Public facts
Beds: 5
Baths: 3.0
Sq. Ft.: 2,620
Stories: —
Lot Size: 8,003 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1948
Year Renovated: 1948
County: Los Angeles County
APN: 5266006034
Home facts updated by county records on Oct 7, 2026
Other
Listing Information
Days Active in MLS: 50
Continuous Days Active in MLS: 50
Listing Agent Information
List Agent First Name: Milan
List Agent Last Name: Lai
Listing Office Information
List Office Name: Keller Williams Signature Realty
Selling Agent Information
Buyer Agent First Name: Herbert
Buyer Agent Last Name: Rivas
Selling Office Information
Buyer Office Name: Century 21 Peak
Around this home
Schools
Bella Vista Elementary School
Public K-5 • Assigned • 0.3mi
5/10
Macy Intermediate School
Public 6-8 • Assigned • 0.9mi
7/10
Schurr High School
Public 9-12 • Assigned • 1.3mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 98° expected this year, 22 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
9 unhealthy days expected this year, 10 days in 30 years
Provided by First Street
Historical weather
Monterey Park, CA • 91754
Average low and high temperatures (°F)
70
49
71
52
74
54
73
54
76
58
79
62
84
64
88
66
84
66
80
59
72
53
70
51
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 6.8 hours in December, placing it above the
U.S. average for solar exposure.
9.7 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.23M – $1.48M
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