529 S Garfield Avenue, Monterey Park, CA 91754

• 2,654 sqft

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.

Listing Status:

Active

Date Added:

October 7, 2026

Data Last Updated:

October 8, 2026 at 8:20PM

Listing Office:

Coldwell Banker Hallmark : 818-476-3000

Listing Agent:

Armen Avedian : 818-476-3000

Contact:

818-399-6531

MLS ID:

GD26218067

Interior

• Laundry: Common Area
• A/C: Wall/Window Unit(s)
• Heating: Wall Furnace

Exterior

• Pool: None
• Parking: CoveredTandemParking spaces: 8

Construction

• General: 2

Location

• Originating MLS: CRMLS_CRM
• County: Los Angeles

Lot

• Zoning: 5263001029

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: CRMLS_CRM
• Exclusions: All camerasmonitors & related equipment & wiring.