Skip to content
For SaleLuxury

$1,680,000

10,341 sqft$162/sqft88 days on market

1982 S Garfield AVE

Monterey Park, CA 91754

· 8% down, 7% APR, 30yr fixed

—

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.

Listing agent (MLS): Silvia Cheung · Listing brokerage (MLS): KELLER WILLIAMS

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

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

· 8% down, 7% APR, 30yr fixed
Loading map…

Courtesy of KELLER WILLIAMS