529 S Garfield Ave

Monterey Park, CA 91754
  • $1,275,000

    Price
  • 8

    Bed
  • 4

    Bath
  • 2,654

    SqFt
  • 0.11

    Acre

About the Listing G6763 - G81173

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.

Listing Highlights for 529 S Garfield Ave

Status Active
Days on Site 9
Property Type Multi-Family
MLS ® GD26218067
Year Built 1955
Total Square Footage 2,654
Lot/Acreage 0.11

Interior Details

  • Bedrooms: 8
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Irregular Lot,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 8
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: Covered,Tandem

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5263001029
  • Tax Year: N/A

Payment Calculator

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Listing Location

Questions About..

529 S Garfield Ave 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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