John E Burge

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1306 W 1st StreetMonterey Park, CA 91754

Multi-Family · 1,540 Sq. ft. | 0.16 Acres
$845,000 Active

1306 W 1st Street Overview

Time on Site:
58 days
Visits:
1

This well-maintained duplex has brand new exterior paint, featuring Unit #1302 and Unit #1306. Situated on a 6,874 sq. ft. lot with approximately 1,540 sq. ft. of living space. Each unit offers 2 bedrooms and 1 bathroom, living room and dining area. Unit #1302 features original hardwood flooring, Unit #1306 will have new carpet installed on June 12. Each unit includes its own washer and dryer for added convenience. The units are thoughtfully arranged around a beautifully landscaped courtyard garden, creating a peaceful and inviting atmosphere. The property also features a detached two-car garage with convenient alley access. Long-term tenants are currently in place, providing stable rental income with a strong payment history. Ideally located near Atlantic Blvd., the property offers quick access to Downtown Los Angeles and Freeways 5, 60, and 710. Shopping, dining, and East Los Angeles College are all just minutes away. This property may also be sold together with adjacent parcel APN 5251-030-007 (Units #1310 & #1314). Combined, both parcels offer an expansive 13,314 sq. ft. lot, presenting excellent opportunities for investors and future development potential.

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1306 W 1st Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,540
  • Price/Sq.ft. $549
  • Lot 0.16 Acres

Details

General

Association/HOA

  • Common Interest: None

Income/Expenses

  • Gross Income: 45600.0
  • Gross Scheduled Income: 45600.0
  • Insurance Expense: 150.0
  • Net Operating Income: 40620.0
  • Operating Expense: 4980.0
  • Trash Expense: 65.0
  • Water Sewer Expense: 150.0

Building Information

  • New Construction: No
  • Year Built: 1945

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: 641 - Monterey Park
  • Postal City: MONTEREY PARK

Community/Development

  • Community Features: Sidewalks

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: Electricity,Gas

General Information

  • Listing Terms: Cash to New Loan
  • Parcel Number: 5251030008
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Rent Control: No
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: Yes

Building Interior

  • Building Area Total: 1540.0
  • Building Area Units: Square Feet

General Information

  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Entry Location: front door
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Wood
  • Foundation Details: Raised
  • Interior Features: All Bedrooms Down
  • Laundry Features: Inside,In Kitchen
  • Levels: One
  • Stories: 1
  • Stories Total: 1

Exterior

Parking Information

  • Parking Total: 2.0

Lot Information

  • Additional Parcels: No
  • Lot Features: Back Yard,Front Yard
  • Lot Size Acres: 0.1584
  • Lot Size Area: 6902.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6902.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Elevation Units: Feet
  • Water Source: See Remarks

Waterfront/View

    Building Exterior/Construction

    • Property Attached: Yes

    General Information

    • Number Of Units Total: 2
    • Pool Features: None
    • Pool Private: No
    • Sewer: Public Sewer

    1306 W 1st Street Neighborhood

    Community

    91754 (Monterey Park) Demographics

    43
    Median Age
    7,337
    Population Density (per sq. mile)
    45%
    College Educated
    $66,218
    Estimated Median Income
    6,169
    Estimated Total Home Owners
    5,383
    Estimated Total Renters
    53% / 47%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    1306 W 1st Street Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    1306 W 1st Street Market Data

    Based on the last 30 days in this zip code

    $963,431
    Average List Price
    $602
    Average Price per Square Foot
    13
    Properties Sold
    44
    Average Days on Market
    132
    Properties for Sale
    Calculations provided by Reliance Network

    1306 W 1st Street History

    Date Event Value Agent
    5/3/2026Source: CRMLS Added to Database
    May 03, 2026
    12/22/2022Source: CRMLS Added to Database
    December 22, 2022
    Listing provided courtesy of Re/Max Premier Prop SanMarinoJean Liu- MLS# AR26095827MLS ProviderContact Information: 626-660-1100
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