Monterey Park homes
For sale83 days on market
$1,680,000

1982 S Garfield, Monterey Park, CA 91754

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Beds
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Baths
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Sq ft

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 income-growth potential in Monterey Park.

Type
Quadruplex
Year built
1977
Lot
10,341 sq ft
Garage
5 car
HOA
None
Pool
No
View
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Solar
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Estimated payment
$10,595/mo
  • Principal & interest$8,495
  • Property tax (est.)$1,610
  • Home insurance (est.)$490

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Silvia Cheung, KELLER WILLIAMS, 626-315-3119. MLS# CV26168292. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 10:58 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.

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