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$1,275,000

FOR SALE
Active

529 S Garfield Avenue

Monterey Park, CA

MLS# GD26218067

Quadruplex
30 days on marketNalren refreshed

Listing Agent

Armen Avedian

Listing Agent

Coldwell Banker Hallmark

DRE #: 00945343

(818) 399-6531

Brokerage: Coldwell Banker Hallmark

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1955

Year Built

4,775 sqft

Lot Size

N/A

Price/Sq Ft

0

Garage Spaces

N/A

HOA

Quadruplex

Property Type

Description

Turnkey 4-Unit Multifamily Investment Opportunity in Prime Monterey Park! A rare chance to own a very well-maintained fourplex with strong income potential. The property features a functional layout and has benefited from major capital improvements, including updated electrical panels and copper plumbing, helping provide peace of mind and minimize deferred maintenance. Each unit offers two-car tandem parking and a 5' x 7' private storage shed, plus additional storage areas designated for the owner’s use. All units are equipped with wall air conditioning & some units feature granite countertops. There is also a common laundry room for the residents’ convenience. This property offers a unique opportunity for an investor or owner-user to lease at current market rents, or occupy one of the units while benefiting from rental income. With its desirable location near schools and a beautiful park, substantial upgrades, ample parking, and additional storage, this property offers a compelling combination of functionality, flexibility, and income upside. A great opportunity to acquire a turnkey 4-unit asset with immediate value-add potential in desirable Monterey Park.

Facts & Features

Interior

Laundry Features
Community Laundry

Exterior

Private Pool
No
Lot Features
Irregular Lot

Building

Year Built
1955
Building Area Total
2,654
Stories Total
2

Utilities

Heating
Wall Furnace
Cooling
Wall Window Units
Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
0
Parking Features
Covered, Tandem, Uncovered
Parking Total
8

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