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Listed by KELLER WILLIAMS, Silvia Cheung, Listing Contact: [email protected]

$1,680,000

1982 S Garfield, Monterey Park CA, 91754

Price per sqftN/A
Built in1977
Property typeResidential

Overview

Active

Listed Aug 10, 2026

Updated 9 days ago

**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.

$11,177/mo

Est. mortgage payment based on a $1,680,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CRCV26168292

Interior Features

Basement
No

Exterior Features

Lot Size
0.24 Acres

Other Property Details

Garage
Yes
MLS provider logo

Listed by KELLER WILLIAMS, Silvia Cheung DRE:02098781,
Listing Contact: [email protected] 

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Data last updated 2:19 PM UTC, 9/28/2026

 

 

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