1982 S Garfield, Monterey Park, CA — listing photo 1
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FOR SALE

1982 S Garfield

Monterey Park, CA 91754
10,341 Lot Sq Ft
Built 1977
$1,680,000

Property Overview

**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.

Home Details

Property type
Residential Income - Quadruplex
Year built
1977
Lot size
10,341 sq ft
Parking
12 spaces
Garage
5 spaces
Stories
2
Days on market
60
MLS status
Active

Features & Amenities

Parking

  • Assigned
  • Covered
  • Driveway
  • Garage
  • One Space

Pool

  • None

Community, Schools & Utilities

Utilities

Water
Public
Sewer
PublicSewer
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Location & Neighborhood

1982 S Garfield

Monterey Park, CA 91754

Frequently Asked Questions About 1982 S Garfield

Property type: Residential Income

The current asking price is $1,680,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1982 S Garfield. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1977. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Monterey Park, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Monterey Park property.
The MLS currently reports the property as Active. It has been listed for 60 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Reza Barghlameno

eXp of California

Listing Agent

Name: Silvia Cheung
MLS ID: CV43308

Available property

$1,680,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.