Monterey Park homes
For sale25 days on market
$1,275,000

529 S Garfield Avenue, Monterey Park, CA 91754

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Beds
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Baths
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Sq ft

About this home

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.

Type
Quadruplex
Year built
1955
Lot
4,775 sq ft
Garage
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HOA
None
Pool
No
View
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Solar
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Estimated payment
$8,041/mo
  • Principal & interest$6,447
  • Property tax (est.)$1,222
  • Home insurance (est.)$372

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 Armen Avedian, Coldwell Banker Hallmark, 818-399-6531. MLS# GD26218067. 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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