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Listed by: Silvia Cheung (626) 315-3119 DRE #02098781 | KELLER WILLIAMS (562) 902-5100
$1,680,000
Monthly Est:$8,362
9 Beds
8 Baths
4,445sqft
1982 S Garfield, Monterey Park, CA 91754
$1,680,000
$8,362/moEst:
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Quadruplex
Built in 1977
$-- HOA
10,341 sqft lot
$378/sq.ft
Description
**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.
- Houzeo last checked: 3 minutes ago
- Listing updated: September 24, 2026 at 5:54 pm
- Source: California Regional MLS-CA | MLS#: CV26168292
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1977
HOA Fees
-
Finished Area
4,445 sqft
Lot Size
10,341 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
CV26168292
MLS Status
Active
Days on Market
59
Cumulative Days on Market
45
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 8
Interior
Sewer
Public Sewer
Construction
Year Built
Year Built: 1977
Home type
Quadruplex
Roof
Shingle
Utilities & Energy
Water Source
Public
Laundry Features
Common Area, Inside
Parking Features
Assigned, Covered, Driveway, Garage, One Space
Pool Features
None
Other Features
Tenant Pays
Electricity, Gas
Community Features
Park, Suburban, Sidewalks
Price History
| Date | Event | Price |
|---|---|---|
08/10/2026 Source: | Listed for Sale | $1,680,000 $378/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 08, 2026, 08:30PM and /or other sources. 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. 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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