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1982 S Garfield — photo 1
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Bedrooms

0

Bathrooms

0

Square Feet

0

Status

Active

Monterey Park

1982 S Garfield

About This Property

**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.

Neighborhood

This property is located in Monterey Park. Want to learn more about the area?

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Listing courtesy of KELLER WILLIAMS

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$1,680,000

Est. Monthly Payment

$10,735/mo

20% down · 6.5% rate · 30yr

Run the Numbers

Listing Agent

Silvia Cheung

KELLER WILLIAMS