216 E Graves
Monterey Park, CA, 91755
$1,880,000
Beds
0 Baths
0 SqFt
0.29 Acres
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MLS #WS26082158 image #0
Introducing a rare, turnkey investment opportunity in the heart of Monterey Park, one of the most sought after rental markets in the San Gabriel Valley known for strong tenant demand, central location, and long term appreciation. This well maintained 4-unit income property features updated units, allowing investors to step into immediate, stabilized cash flow without the typical renovation risk or capital expenditure. Offering a 5.35% cap rate, this asset is ideal for buyers seeking both reliable income today and long term upside in a high demand submarket. Positioned centrally, the property benefits from proximity to major employment hubs, retail corridors, and convenient freeway access, consistently driving strong rental demand and minimizing vacancy. Monterey Park continues to outperform as a rental market due to its accessibility to Downtown LA and surrounding job centers. Each unit has been thoughtfully updated, appealing to quality tenants and supporting premium rental positioning. For investors, this means reduced maintenance, stronger tenant retention, and operational efficiency from day one. At the same time, there remains additional upside potential through future rent adjustments as the market continues to appreciate.

Property Details

Price:
$1,880,000
MLS #:
WS26082158
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
641montereypark
Listed Date:
Apr 30, 2026
Total Sq Ft:
3,344
Lot Size:
12,612 sqft / 0.29 acres (approx)
Year Built:
1954
641 – Monterey Park641montereypark

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Schools

Interior

Laundry Features
GE, WH

Exterior

Common Walls
NOA, NOB, _2CW
Community Features
SDW
Garage Spaces
4
Parking Spots
4
Parking Total
4

Financial

Maintenance Fee
$2,000
Net Operating Income
$100,703

Map

Community

Market Summary

Current real estate data for Single Family in Monterey Park as of May 24, 2026
82
Single Family Listed
109
Avg DOM
427
Avg $ / SqFt
$659,261
Avg List Price

Property Summary

    216 E Graves Monterey Park CA is a Single Family for sale in Monterey Park, CA, 91755. It is listed for $1,880,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1954. The average price per square foot for Single Family listings in Monterey Park is $427. The average listing price for Single Family in Monterey Park is $659,261.

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