1982 S Garfield
Monterey Park, CA 91754
9
Bed
8
Bath
10,341Sqft(Lot)
**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 near
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: ShingleLaundry Features: CommonArea, Inside
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Building Information
Year Built: 1977Building Area Total: 4445Stories: 2Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 10341 Lot Size Acres: 0.2374 Lot Size Source: Assessor Lot Size Square Feet: 10,341
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Listing Price Information
Listing Price: $1680000Cash, CashToNewLoan, Conventional, Exchange1031
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Tax Information
Parcel Number: 5274022013 Tax Lot: 13
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Virtual Tour
Parking Information
Parking Total: 12 Assigned, Covered, Driveway, Garage, OneSpaceGarage Information
Has Garage: Yes Garage Space: 5
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Location Information
Direction: on Garfield and E. Elmgate WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2012 S Garfield Avenue, Monterey Park, CA, 91754 | $1,738,000 | 9 | 8 | -- | |
| 1170 College View Drive, Monterey Park, CA, 91754 | $1,395,000 | 6 | 5 | -- | |
| 1224 Avenida Cesar Chavez, Monterey Park, CA, 91754 | $935,888 | 4 | 2 | -- | |
| 2354 Schoolside, Monterey Park, CA, 91754 | $1,180,000 | 4 | 2.5 | 2,163 | 2,163 SqFt |
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ByOwner last updated this listing 08/17/2026 @ 01:51
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