1982 S Garfield, Monterey Park, CA 91754

• 9 beds |
• 8 baths

Property 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.

Listing Status:

Active

Date Added:

August 10, 2026

Data Last Updated:

August 24, 2026 at 5:12PM

Listing Office:

KELLER WILLIAMS : 562-902-5100

Listing Agent:

Silvia Cheung : 626-315-3119

MLS ID:

CV26168292

Exterior

• Pool: N/K

Construction

• General: 2 Story

Location

• HOA Amenities: 0.0
• Originating MLS: California Regional MLS
• County: Los Angeles

Lot

• Zoning: Public Rec5274022013

Financial

• Source: California Regional MLS