**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.
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.
Property Details
Price:
$1,680,000
MLS #:
CV26168292
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
641montereypark
Listed Date:
Aug 11, 2026
Total Sq Ft:
4,445
Lot Size:
10,341 sqft / 0.24 acres (approx)
Year Built:
1977
See this Listing
Schools
Interior
Laundry Features
AR, IN
Levels
U
Exterior
Common Walls
_1CW
Community Features
SDW, SUB, PARK
Garage Spaces
5
Parking Spots
12
Parking Total
12
Roof
SHN
Financial
Map
Community
- Address1982 S Garfield Monterey Park CA
- CityMonterey Park
- CountyLos Angeles
- Zip Code91754
Market Summary
Current real estate data for Single Family in Monterey Park as of Aug 14, 2026
109
Single Family Listed
79
Avg DOM
411
Avg $ / SqFt
$708,554
Avg List Price
Property Summary
- 1982 S Garfield Monterey Park CA is a Single Family for sale in Monterey Park, CA, 91754. It is listed for $1,680,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1977. The average price per square foot for Single Family listings in Monterey Park is $411. The average listing price for Single Family in Monterey Park is $708,554.
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1982 S Garfield
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