155 E Emerson Avenue Monterey Park, CA $ 1,550,000
155 E Emerson Avenue
$ 1,550,000
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155 E Emerson Avenue

Monterey Park, CA, 91755
$ 1,550,000
Baths1.1 Sq 4,028

Monthly Estimate*

$ 9,787

Listed by Compass
155 E Emerson Avenue, Monterey Park, CA 91755 - Image 1
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Studio

Multi-Family Home for sale in Monterey Park, CA

for $1,550,000 with 1 full bath, 1 half bath. This 4,028 square foot home was built in 1975 on a lot size of 0.1668.

Exceptional triplex investment opportunity in the highly desirable City of Monterey Park. Built in 1975, this property features an attractive unit mix consisting of one very spacious 4-bedroom, 3.5-bath owner's unit with one bedroom on the first floor (Unit A) and two 2-bedroom, 2-bath units (Units B & C), offering flexibility for both investors and owner-occupants. The expansive primary unit provides the comfort and functionality of a single-family home, while the two additional units present excellent rental income potential. Whether you're looking to live in one unit while offsetting your mortgage with rental income or add a quality multi-family asset to your investment portfolio, this property offers a rare combination of size, versatility, and long-term value. Conveniently located in the heart of Monterey Park, residents enjoy convenient access to all the city has to offer. Located just steps away from shopping, dining, parks, and easy access to major freeways, making this an attractive location for tenants and homeowners alike. Don't miss this outstanding opportunity to own a well-located triplex in one of the San Gabriel Valley's most sought-after communities and highly rated school districts!

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Multi-Family Active

Price

$ 1,550,000

Bedrooms

Studio

Full Bath

1

Half Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1668

Year Built

1975

Town/City

Monterey Park

County/Region

Los Angeles

MLS | Web ID

AR26143633

Days on Market

4

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
HOA Fee 0
Garage Spaces 3
Pool Features None
Year Built 1975
Electric Standard
Stories Count 2
Levels Two
Property Subtype Triplex
Gross Income 3809.68
Community Features Suburban Sidewalks
County Los Angeles
Net Operating Income 3110.52
Operating Expense 524.16
Insurance Expense 2099
New Construction false
Property Type Residential Income
HOA false
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions 1 Block East of Garfield and 1 Block North of Garvey
City Monterey Park
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 5
Number Of Units Total 3
MLS Area 641 - Monterey Park
Lot Size Units Square Feet
Lot Size Square Feet 7266
Number of Units Leased 2
Listing Terms Cash Cash to New Loan Conventional
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 428.28
Fuel Expense 573.12
Trash Expense 476.49
Water Sewer Expense 2294.3
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 3
Total Actual Rent 3809.68
Property Sub Type Additional Triplex
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Interior
Fireplace Features None
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Laundry Room
Entry Level 1
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Exterior
Parking Features Assigned
Water Source Public
Total Parking 8
Lot Size Area 7266
Number of Buildings 1
Building Area Total 4028
Lot Size Acres 0.1668
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Road Frontage Type City Street
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* Excluded Features
List By
Compass

Broker

garrett@garrettchan.com

Email

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$9,787
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Monthly Principal & Interest
$9,787
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/2/2026$1,550,000 Listed Price

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155 E Emerson Avenue, Monterey Park, CA, 91755 is a Multi-Family Home for sale at $1,550,000 with 4,028 sqft and a lot size of 0.1668. 155 E Emerson Avenue is a studio with 1.1 baths and was built in 1975. The property's zip code is 91755 which is in Monterey Park, CA