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    413 W Riggin St Monterey Park, CA 91754

    Under Contract
    For Sale
    $1,000,000

    Duplex - Monterey Park, CA

    Type:Duplex
    Property size:
    1,768 SF
    Lot size:
    6,306.00 Acres
    Days on Market:
    41
    Last Refresh:
    Dec 7 at 7:06 am

    Property Features for 413 W Riggin St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active Under Contract
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    2
    APN
    5273014028
    Parking
    2
    Exterior features
    Community Features Included: Curbs, Sidewalks, Back Yard
    Size
    1,768 SF
    Lot size
    6,306.00 Acres

    Building Details

    Year built
    1949
    Floors in Building
    1
    Number of units
    2
    Architectural style
    Other

    eXp Realty of California, Inc. (888) 584-9427 [email protected]

    Listing agent Wing Ng (888) 584-9427 License #01934394

    Listing date Oct 28, 2025

    MLS# TR25225653 Listing URL

    Copyright © 2025 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.

    Overview

    Monterey Park Duplex Investment Opportunity

    This well-maintained duplex in Monterey Park, CA, presents an excellent investment opportunity. The property features two spacious 2-bedroom units, each averaging nearly 900 square feet. Offering a value-add opportunity, there is potential to construct an ADU at the rear of the property to further enhance income and maximize long-term value. The duplex will be delivered with one unit tenant-occupied and one unit vacant, allowing for immediate rental income while also providing flexibility for an owner-user or remodel strategy. With its versatile layout and strong upside potential, this property is ideal for both seasoned investors and first-time multifamily buyers. The lot size is approximately 0.14 acres and the property size is 1768 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monterey Park
    County
    Los Angeles
    State
    California
    Longitude
    -118.1366763
    Latitude
    34.0368532

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    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex with value-add potential in Monterey Park, CA.
    Where is this duplex located?
    The property is located at 413 W Riggin St Monterey Park, CA.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - Value-add opportunity: Potential to construct an ADU at the rear of the property to increase income and property value.; - Desirable unit mix: Two spacious 2-bedroom units, each averaging nearly 900 sq. ft.; - Flexible occupancy: Delivered with one unit tenant-occupied (immediate rental income) and one unit vacant.
    (888) 584-9427
    Request Owner's contact information
    413 W Riggin St Monterey Park, CA 91754
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    Monterey Park, CA 91754
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    413 W Riggin St Monterey Park, CA 91754
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