About 1982 S Garfield
**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.
Features of 1982 S Garfield
| MLS® # | CV26168292 |
|---|---|
| Price | $1,680,000 |
| Bedrooms | 9 |
| Bathrooms | 8.00 |
| Acres | 0.24 |
| Year Built | 1977 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 1982 S Garfield |
|---|---|
| Area | 641 - Monterey Park |
| City | Monterey Park |
| County | Los Angeles |
| Zip Code | 91754 |
Amenities
| Parking Spaces | 12 |
|---|---|
| Parking | Assigned, Covered, Driveway, Garage, One Space |
| # of Garages | 5 |
| Garages | Assigned, Covered, Driveway, Garage, One Space |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Roof | Shingle |
|---|
Additional Information
| Date Listed | August 1st, 2026 |
|---|---|
| Days on Market | 36 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Silvia Cheung |
|---|---|
| Office | KELLER WILLIAMS |
