$ 1,880,000
-
$1,880,000
Price -
8
Bed -
4
Bath -
3,344
SqFt
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About the Listing 22089 - ws80464
Introducing a rare, turnkey investment opportunity in the heart of Monterey Park, one of the most sought after rental markets in the San Gabriel Valley known for strong tenant demand, central location, and long term appreciation. This well maintained 4-unit income property features updated units, allowing investors to step into immediate, stabilized cash flow without the typical renovation risk or capital expenditure. Offering a 5.35% cap rate, this asset is ideal for buyers seeking both reliable income today and long term upside in a high demand submarket. Positioned centrally, the property benefits from proximity to major employment hubs, retail corridors, and convenient freeway access, consistently driving strong rental demand and minimizing vacancy. Monterey Park continues to outperform as a rental market due to its accessibility to Downtown LA and surrounding job centers. Each unit has been thoughtfully updated, appealing to quality tenants and supporting premium rental positioning. For investors, this means reduced maintenance, stronger tenant retention, and operational efficiency from day one. At the same time, there remains additional upside potential through future rent adjustments as the market continues to appreciate.
Listing Highlights
Status
Active
Days on Site
20
Property Type
Multi-Family
MLS ®
WS26082158
Year Built
1954
Total Square Footage
3,344
Lot/Acreage
0.29
County
Los Angeles
Area
641 - Monterey Park
Interior Details
- Bedrooms: 8
- Bathrooms: 4 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: Rectangular Lot,No Land Lease
- Garage Capacity: 4 car
- Parking Spaces: 4
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5260001011
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Questions About..
216 E Graves Monterey Park, CA 91755
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