Units
4
Building Size
2,654 sf
Lot Size
4,775 sf
Status
Active
Listing Agent: Armen Avedian, Coldwell Banker Hallmark
Monterey Park
529 S Garfield Avenue
About This Property
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.
Unit Mix
- 4 units · 2bd / 1ba
Neighborhood
This property is located in Monterey Park. Want to learn more about the area?
Explore CommunitiesAsking Price
$1,275,000
An agent at The Ave. will respond, not the listing agent.
Listing Agent
Armen Avedian
Coldwell Banker Hallmark
