30
See all 30 photos
$1,275,000
Est. payment /mo
4,774 Sqft Lot
Active
529 S Garfield AVE Monterey Park, CA 91754
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD26218067
HOA Y/N No
Year Built 1955
Lot Size 4,774 Sqft
Property Sub-Type Quadruplex
Property 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.
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.
Location
State CA
County Los Angeles
Area 641 - Monterey Park
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Common Area
Exterior
Parking Features Covered, Tandem
Carport Spaces 8
Pool None
Community Features Curbs
Total Parking Spaces 8
Private Pool No
Building
Lot Description Irregular Lot
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5263001029
Energy Description 280.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Armen Avedian Coldwell Banker Hallmark 818-399-6531, DRE #00945343
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