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$1,680,000

FOR SALE
Active

1982 S Garfield

Monterey Park, CA

MLS# CV26168292

Quadruplex
88 days on marketNalren refreshed

Listing Agent

Silvia Cheung

Listing Agent

KELLER WILLIAMS

DRE #: 02098781

(626) 315-3119

Brokerage: KELLER WILLIAMS

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1977

Year Built

0.24 acres

Lot Size

N/A

Price/Sq Ft

5

Garage Spaces

N/A

HOA

Quadruplex

Property Type

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.

Facts & Features

Interior

Laundry Features
Community Laundry, In-Unit Laundry

Exterior

Private Pool
No
Roof
Shingle

Building

Year Built
1977
Building Area Total
4,445
Levels
Two
Stories Total
2

Utilities

Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
5
Parking Features
Assigned, Covered, Driveway, Garage, One Space
Parking Total
12

Community / HOA

HOA
No
Association Fee
$0

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