529 S Garfield Avenue, Monterey Park, CA 91754 (MLS # GD26218067)
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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.
| DAYS ON MARKET | 1 | LAST UPDATED | 10/7/2026 |
|---|---|---|---|
| YEAR BUILT | 1955 | COMMUNITY | 641 - Monterey Park |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 641 - Monterey Park |
| HEAT | Wall Furnace |
| LOT | 4774 sq ft |
| LOT DESCRIPTION | Irregular Lot |
| LOT DIMENSIONS | 4775 |
| PARKING | Covered, Tandem |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
TOTAL MONTHLY PAYMENT
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