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$1,680,000
CV26168292 MLS ⋅ Active Status
**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.

1982 S Garfield, Monterey Park
$1,395,000
SB26170937 MLS ⋅ Active Status
First time on the market since built in 1964! Owner's unit PLUS three apartment units in an excellent Monterey Park location. The ONE LEVEL OWNER'S UNIT includes 3 bedrooms, 1 3/4 bath, central AC, forced air heating, built-in appliances and wood burning fireplace. Also includes a garage, 2 carport spaces and a huge covered patio with built-in BBQ grill. Live in the owner's unit or rent it out at MARKET RATE. The 3 large recently upgraded 1 bedroom 1 bath apartments include newer quartz kitchen counters, newer vanities, newer floor coverings. Each unit enjoys a balcony off the living room and one assigned carport space. Most have city lights views and beyond. Shared laundry room for the entire building. Near shopping and freeway access. DO NOT DISTURB TENANTS!!!!

1170 College View Drive, Monterey Park
$1,738,000
WS26105108 MLS ⋅ Active Status
Highly desirable four-unit located near the corridors of the 10, 710, and 60 freeways. Within walking distance to Barnes and Edison Park and a few minutes drives to Costco, 99 Ranch, Ralphs, Downtown Los Angeles (DTLA), Pasadena, and more. This Quadplex community has been upgraded and maintained extensively with a new roof approximately six years old, two-year-old tankless efficient gas-powered water heaters, and a coin-operated laundry room for the three units while the master unit features its own private washer and dryer room. Each unit has a unique yard or balcony. All units have central air and heat. There are a eight parking spaces, six gated carports, and two parking stalls for larger vehicles. Don’t miss out on this exceptional opportunity!

2012 S Garfield Avenue, Monterey Park

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.