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    505 W Riggin St Monterey Park, CA 91754

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    For Lease
    $2,500 /Mo ($31 SF/Yr)

    Recently remodeled 2-bedroom, 1-bath unit in Monterey Park.

    Property size:
    950 SF
    Lot size:
    0.18 Acres

    Property Features for 505 W Riggin St

    General Information

    Size
    950 SF
    Lot size
    0.18 Acres

    Building Details

    Year built
    1948

    Source: KW Executive Agent Arthur Vasquez Jr

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

    Overview

    Remodeled Monterey Park Living Space

    This recently remodeled unit in Monterey Park features 2 bedrooms and 1 bath. The entry is located on the first floor, leading upstairs to all living spaces, including the kitchen, bathroom, and bedrooms. Laminate flooring is installed throughout the 950 square feet. A ductless air conditioning and heating system provides climate control. The property includes a one-car garage for parking and storage. Residents have access to a shared backyard.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    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
    -118.1394225
    Latitude
    34.0367871

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    FAQs

    What type of property is this?
    Triplex - Recently remodeled 2-bedroom, 1-bath unit in Monterey Park.
    Where is this triplex located?
    The property is located at 505 W Riggin St Monterey Park, CA.
    What is the lease rate?
    The lease rate is $31 SF/Yr.
    What are key features of this property?
    This property features: - Recently remodeled 2-bedroom, 1-bath unit.; - Ductless air conditioning and heating system.; - Laminate flooring throughout.
    (626) 733-6296
    Request Owner's contact information
    505 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
    505 W Riggin St Monterey Park, CA 91754
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