1982 Garfield, Monterey Park, CA 91754

Monterey Park
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1982 Garfield,Monterey Park, CA 91754
$1,680,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: silvia cheung
Office: keller williams
MLS#:CV26168292
Source:MLSListings

Price summary

  • Price:$1,680,000

About this home

**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...

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Home facts

  • Year built:1977
  • Listing ID #:CV26168292
  • Added:1 day(s) ago
  • Updated:August 13, 2026 at 04:50 PM

Structure and exterior

  • Roof:Shingle
  • Year built:1977
  • Lot area:0.24 Acres
  • Lot Features:Mid Block

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$1,680,000

Features and amenities

  • Laundry features:Laundry Area

Parking

  • Parking description:Assigned Spaces, Covered Parking, Garage, Other, Parking Area
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