529 S Garfield Avenue

Property Overview

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.

Home Details

Property type: Residential Income - Quadruplex
Year built: 1955
Lot size: 4,775 sq ft
Parking: 8 spaces
Carport: 8 spaces
Stories: 2
Days on market: 1
MLS status: Active

Features & Amenities

Parking

Covered
Tandem

Pool

None

Lot

Irregular Lot

Community, Schools & Utilities

Utilities

Heating: WallFurnace
Cooling: WallWindowUnits
Water: Public
Sewer: PublicSewer

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Location & Neighborhood

Monterey Park, CA 91754

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Frequently Asked Questions About 529 S Garfield Avenue

Property type: Residential Income

The current asking price is $1,275,000. 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 529 S Garfield Avenue. Our team will confirm availability and timing.

This property offers the living space reported in the listing. It was built in 1955. 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 1 days. Status can change, so verify availability before relying on it.

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