N/A
Bedrooms
$1,680,000
FOR SALEMonterey Park, CA
MLS# CV26168292
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
**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.
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Closed sales reported in 91754, nearest first, last 12 months. All recent sales in Monterey Park →
1982 S Garfield
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