1982 S Garfield, Monterey Park

$1,680,000

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9

Beds

8

Baths

0.24

Acres

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

AgentSilvia Cheung
OfficeKELLER WILLIAMS

Listing Map

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