$1,275,000
 $6,844 est/mo Sourced by Back At You

529 S Garfield Avenue,Monterey Park, CA 91754

Monterey Park, CA 91754

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Description

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.

Details

MLS #GD26218067
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1955
Days On Site19
Listing Provided ByColdwell Banker Hallmark | Armen Avedian

Features

SQ Feet2,654
Car PortYes
Story(s)2
Units4
Building(s)1
Acreage0.11

Interior

CoolingWall Window Units
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

Lot FeaturesIrregular Lot

Parking

Parking FeaturesCovered, Tandem, Uncovered
Garage Yes / NoNo

Utilities

SewerPublic Sewer

Location

Community FeaturesCurbs

Area Information

StateCA
CountyLos Angeles
CityMonterey Park
Zip Code91754
Area641 Monterey Park
Listing VS Median (in 91754)
Price:
$1,275,000
low | high
Med:
$799,000
87.333333333333% of Average
sqft:
2,654
low | high
Med:
1,755
83.873398643557% of Average
$ / sqft:
$480
low | high
Med:
$455
55.232288698955% of Average
On site:
19
low | high
Med:
178
10.674157303371% of Average
Sourced by Back At You

Market Activity 91754

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Contact

Learn More About This Property

Jean Iovino

Jean Iovino

Desert Lifestyle Properties

02007087 (630) 333-7878jeansellsdesertlifestyle@gmail.com
StateCA
CountyLos Angeles
CityMonterey Park
Zip Code91754
Area641 Monterey Park
Listing VS Median (in 91754)
Price:
$1,275,000
low | high
Med:
$799,000
87.333333333333% of Average
sqft:
2,654
low | high
Med:
1,755
83.873398643557% of Average
$ / sqft:
$480
low | high
Med:
$455
55.232288698955% of Average
On site:
19
low | high
Med:
178
10.674157303371% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $956K - $1.593M
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
660 S Bradshawe Avenue Property Photo 1
$1,328,000
660 S Bradshawe Avenue
Monterey Park, CA 91754
1354 Fulton Property Photo 1
$1,130,000
1354 Fulton
Monterey Park, CA 91755
Listing Updated: October 19, 2026 at 12:57:09 PM PDT