Roy Rigsby - Desert Lifestyle Properties Logo
$1,680,000
 $9,019 est/mo Sourced by Back At You

1982 S Garfield,Monterey Park, CA 91754

Monterey Park, CA 91754

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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.

Details

MLS #CV26168292
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1977
Days On Site83
Listing Provided ByKELLER WILLIAMS | Silvia Cheung

Features

SQ Feet4,445
Garage5
Story(s)2
Units4
Building(s)1
Acreage0.24

Exterior

RoofShingle

Parking

Parking FeaturesAssigned, Covered, Driveway, Garage, One Space
Garage Yes / NoYes

Utilities

SewerPublic Sewer

Location

Community FeaturesPark, Suburban, Sidewalks

Area Information

StateCA
CountyLos Angeles
CityMonterey Park
Zip Code91754
Area641 Monterey Park
Listing VS Median (in 91754)
Price:
$1,680,000
low | high
Med:
$835,000
100% of Average
sqft:
4,445
low | high
Med:
1,580
100% of Average
$ / sqft:
$378
low | high
Med:
$528
10.172732067511% of Average
On site:
83
low | high
Med:
27
100% of Average
Sourced by Back At You

Market Activity 91754

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Learn More About This Property

Roy Rigsby

Roy Rigsby

Desert Lifestyle Properties

01399810 (760) 409-5117roy@desertrealestate4you.com
StateCA
CountyLos Angeles
CityMonterey Park
Zip Code91754
Area641 Monterey Park
Listing VS Median (in 91754)
Price:
$1,680,000
low | high
Med:
$835,000
100% of Average
sqft:
4,445
low | high
Med:
1,580
100% of Average
$ / sqft:
$378
low | high
Med:
$528
10.172732067511% of Average
On site:
83
low | high
Med:
27
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.26M - $2.1M
sqft: 3,000 - 5,500
Nearby Listings Property ImageNearby Listings Details
2012 S Garfield Avenue Property Photo 1
$1,738,000
2012 S Garfield Avenue
Monterey Park, CA 91754
Listing Updated: October 9, 2026 at 10:36:26 AM PDT