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$1,275,000
Est. payment /mo
8 Beds
4 Baths
4,775 Sqft Lot
New
529 S Garfield Avenue Monterey Park, CA 91754
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD26218067
Bedrooms 8
Lot Size 4,775 Sqft
Property Sub-Type Res Income 2-4 Units
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 owners 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
Zoning Assessor
Direction Just S of Ramona Avenue
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5263001029
Acceptable Financing Cash
Listing Terms Cash

Listed by Armen Avedian, DRE#00945343 Coldwell Banker Hallmark
NEARBY SCHOOL & BUSINESS
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