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    346 E Graves Ave Monterey Park, CA 91755

    For Sale
    $1,200,000

    Triplex in great location with income potential and large lot.

    Lot size:
    0.23 Acres

    Property Features for 346 E Graves Ave

    General Information

    Lot size
    0.23 Acres

    Building Details

    Year built
    1944

    Source: First American Team Realty Inc Agent Steve Vong

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Monterey Park Triplex with Income

    Located in Monterey Park, this property features a triplex configuration suitable for owner occupancy with rental income. The property includes a duplex at the front, with each unit containing one bedroom. Additionally, there is a larger, three-bedroom home with two bathrooms. The property has a large lot and a long driveway. An open patio can be used as a carport. There is ample parking space available for all units. The property may allow for the addition of a standard Accessory Dwelling Unit (ADU).
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market 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
    -118.1175268
    Latitude
    34.0551508

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    FAQs

    What type of property is this?
    Triplex - Triplex in great location with income potential and large lot.
    Where is this triplex located?
    The property is located at 346 E Graves Ave Monterey Park, CA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Rental income potential from existing 3 units.; - Large lot with potential for ADU addition.; - Ample parking space for all units.
    (562) 427-7765
    Request Owner's contact information
    346 E Graves Ave Monterey Park, CA 91755
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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
    346 E Graves Ave Monterey Park, CA 91755
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