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4,445 sqft

$1,680,000

1982 S Garfield, Monterey Park CA, 91754

Price per sqft$377.95
Built in1977
Property size4,445 sqft
Property typeMulti-family

Overview

Active

Listed Aug 10, 2026

Updated 13 days ago

**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.

$11,177/mo

Est. mortgage payment based on a $1,680,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CV26168292

Interior Features

Basement
No

Exterior Features

Lot Size
0.24 Acres

Other Property Details

Garage
Yes
55+/Senior Community
No

Listed by Silvia Cheung, KELLER WILLIAMS, CA DRE 02098781

Listing Contact: 626-315-3119 

Based on information from the CRISNet MLS as of 9/25/2026, 3:46 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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