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Stacey Alysson Melman

1982 S Garfield
Monterey Park, CA, 91754
$1,680,000
Beds
0 Baths
0 SqFt
0.24 Acres
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MLS #CV26168292 image #0
**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.
AGENT: Silvia Cheung
LISTING BROKERAGE: KELLER WILLIAMS
1982 S Garfield
Monterey Park, CA

Property Details

Price:
$1,680,000
MLS #:
CV26168292
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
641montereypark
Listed Date:
Aug 10, 2026
Total Sq Ft:
4,445
Lot Size:
10,341 sqft / 0.24 acres (approx)
Year Built:
1977
641 – Monterey Park641montereypark
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Schools

Interior

Laundry Features
AR, IN
Levels
U

Exterior

Common Walls
_1CW
Community Features
SDW, SUB, PARK
Garage Spaces
5
Parking Spots
12
Parking Total
12
Roof
SHN

Financial

Net Operating Income
$91,282

Map

Community

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