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529 S Garfield Avenue

Monterey Park, CA 91754
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Bed 8

Bed

Bath 4

Bath

SqFt4,775

Sqft(Lot)

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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,275,000

AD Id : 91713920

MLS Id : GD26218067

Beds : 8

Lot Size : 4,775 Sq. Ft

Year Built : 1955

County : Los Angeles

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1955
    Building Area Total: 2654
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 4775 Lot Size Acres: 0.1096 Lot Size Source: Assessor Lot Size Square Feet: 4,775 Lot Description: IrregularLot

  • Listing Price Information

    Listing Price: $1275000
    Cash, CashToNewLoan

  • Tax Information

    Parcel Number: 5263001029 Tax Lot: 226

  • Location Information

    Direction: Just S of Ramona Avenue WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
218 W Hellman, Monterey Park, CA, 91754 $3,195,000 3 2 -- 19,741 Sq. Ft
1982 S Garfield, Monterey Park, CA, 91754 $1,680,000 9 8 -- 10,341 Sq. Ft
2012 S Garfield Avenue, Monterey Park, CA, 91754 $1,738,000 9 8 -- 10,377 Sq. Ft
2305 Schoolside, Monterey Park, CA, 91754 $998,000 4 2 1,768 7,861 Sq. Ft
2354 Schoolside, Monterey Park, CA, 91754 $1,160,000 4 3 -- 6,205 Sq. Ft
2442 Sherbrook, Monterey Park, CA, 91754 $1,250,000 6 4 -- 8,579 Sq. Ft

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ByOwner last updated this listing 10/10/2026 @ 09:23

MLS: GD26218067 LISTED BY: Armen Avedian, Coldwell Banker Hallmark 818-476-3000 SOURCE: CRMLS

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