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Under contract
  • Listed by: Compass • Garrett Chan • Contact: 626-456-0056
    $1,550,000

    155 E Emerson Ave, Monterey Park, CA 91755

    8beds
    8baths
    4,028sqft
    : 
    $10,518/mo
    Get pre-qualified
    Triplex
    Built in 1975
    -- sqft lot
    $1,512,100 Zestimate®
    $385/sqft
    $-- HOA

    What's special

    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!
    36 days
    |
    474
    |
    19
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Garrett Chan DRE #01959579 626-456-0056,

    Compass

    Source: CRMLS,MLS#: AR26143633MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 8
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Laundry: Laundry Room
      Features
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 4,028
      • Total interior livable area: 4,028 sqft

      Property

      Parking
      • Total spaces: 7
      • Parking features: Assigned
      • Garage spaces: 3
      • Uncovered spaces: 4
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: 1
      • Pool features: None
      Lot
      • Size: 7,266 Square Feet
      Details
      • Parcel number: 5255010021
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex
      Condition
      • New construction: No
      • Year built: 1975

      Utilities & green energy

      • Electric: Standard
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Suburban, Sidewalks
      Location
      • Region: Monterey Park

      Financial & listing details

      • Price per square foot: $385/sqft
      • Tax assessed value: $543,580
      • Annual tax amount: $7,910
      • Date on market: 7/1/2026
      • Cumulative days on market: 36 days
      • Listing terms: Cash,Cash to New Loan,Conventional
      • Road surface type: Paved

        Estimated market value

        $1,512,100

        $1.44M - $1.59M

        $2,854/mo

        Price history

        DateEventPrice
        7/27/2026Contingent$1,550,000$385/sqft
        Source: CRMLS #AR26143633 Report a problem
        7/2/2026Listed for sale$1,550,000+355.9%$385/sqft
        Source: CRMLS #AR26143633 Report a problem
        10/29/2024Listing removed$3,750$1/sqft
        Source: Zillow Rentals Report a problem
        10/15/2024Price change$3,750+80.7%$1/sqft
        Source: Zillow Rentals Report a problem
        10/9/2024Price change$2,075-44.7%$1/sqft
        Source: Zillow Rentals Report a problem
        9/25/2024Price change$3,750-5.1%$1/sqft
        Source: Zillow Rentals Report a problem
        9/17/2024Price change$3,950-4.8%$1/sqft
        Source: Zillow Rentals Report a problem
        9/15/2024Price change$4,150-1.2%$1/sqft
        Source: Zillow Rentals Report a problem
        9/11/2024Listed for rent$4,200$1/sqft
        Source: Zillow Rentals Report a problem
        12/2/1997Sold$340,000$84/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,910 +3.4%$543,580 +2%
        2024$7,652 +2%$532,936 +2%
        2023$7,504 +4.7%$522,501 +2%
        2022$7,167 +1.5%$512,271 +2%
        2021$7,063 +0.6%$502,241 +1%
        2020$7,023 $497,099 +2%
        2019$7,023 +3.8%$487,366 +2%
        2018$6,764 $477,825 +2.1%
        2017$6,764 +0.3%$467,771 +2%
        2016$6,742 +7.2%$458,600 +1.5%
        2015$6,287 +2.7%$451,712 +2%
        2014$6,121 $442,864 +2.5%
        2012-- $432,219 +2%
        2011-- $423,745 +0.8%
        2010-- $420,579 -0.2%
        2009-- $421,579 +2%
        2008-- $413,314 +2%
        2007-- $405,210 +2%
        2006-- $397,265
        2005-- $397,265 +4%
        2004-- $381,840 +1.9%
        2003-- $374,843 +2%
        2002-- $367,494 +4%
        2000-- $353,225
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 91755

        Getting around

        84 / 100
        Very Walkable
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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