REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Silvia Cheung, DRE #02098781 • KELLER WILLIAMS
$ 1,680,000
Est. payment /mo
New
1982 S Garfield Monterey Park, CA 91754
10,341 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRCV26168292
Year Built 1977
Lot Size 10,341 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
**VALUE-ADD 4-UNIT INVESTMENT OPPORTUNITY IN MONTEREY PARK!** Fully occupied and income-producing, this multifamily property offers investors **stable in-place tenancy, rental upside, and long-term portfolio potential**. The property does need some TLC, creating an opportunity to improve the asset over time while potentially increasing rental income toward current fair-market levels. A standout feature is the **ample parking and multiple covered garage spaces**, along with an **on-site laundry room**. Unit A offers its own laundry and private driveway; Unit D features a private second-level balcony; and Units B and C each have a fenced front patio for added privacy. Conveniently located near **Elder Park, Edison Trails, local schools, and the 60 Freeway**, providing easy access to nearby amenities and major transportation routes. An attractive **value-add opportunity** for investors seeking an occupied four-unit property with desirable parking, existing rental income, and future income-growth potential in Monterey Park.
Location
State CA
County Los Angeles
Area 641 - Monterey Park
Interior
Laundry Laundry Area, Other
Exterior
Parking Features Assigned Spaces, Covered Parking, Garage, Other, Parking Area
Garage Spaces 12.0
Pool None
Roof Type Shingle
Building
Water District - Public
Others
Tax ID 5274022013
Special Listing Condition Not Applicable
Copyright 2026 MLSListings Inc All rights reserved.