1982 S Garfield

Monterey Park, CA 91754
  • $1,680,000

    Price
  • 9

    Bed
  • 8

    Bath
  • 4,445

    SqFt

About the Listing 51400 - CV43308

**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.

Listing Highlights

Status Active
Days on Site 20
Property Type Multi-Family
MLS ® CV26168292
Year Built 1977
Total Square Footage 4,445
Lot/Acreage 0.24

Interior Details

  • Bedrooms: 9
  • Bathrooms: 8 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: 5 car
  • Parking Spaces: 12
  • Roof: Shingle
  • Others: 2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: Assigned,Covered,Driveway,Garage,One Space

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5274022013
  • Tax Year: N/A

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1982 S Garfield Monterey Park, CA 91754

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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