$1,680,000
1982 S Garfield AVE
Monterey Park, CA 91754
—
Beds
—
Baths
10,341
Square feet
1977
Built
Listing narrative
Description
**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.
Property Details
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Price
$1,680,000
Beds
Beds n/a
Type
House
Home Size
10,341 sqft
Baths
Baths n/a
Lot Size
0.24 acres
Year
1977
Status
For Sale
Days on Market
88
$ / Sqft
$162
Courtesy of KELLER WILLIAMS






