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For Sale

$1,275,000

4,774 sqft$267/sqft30 days on market

529 S Garfield Avenue

Monterey Park, CA 91754

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

4,774

Square feet

1955

Built

Listing narrative

Description

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 agent (MLS): Armen Avedian · Listing brokerage (MLS): Coldwell Banker Hallmark

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

$1,275,000

Beds

Beds n/a

Type

House

Home Size

4,774 sqft

Baths

Baths n/a

Lot Size

0.11 acres

Year

1955

Status

For Sale

Days on Market

30

$ / Sqft

$267

· 8% down, 7% APR, 30yr fixed
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Courtesy of Coldwell Banker Hallmark