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Stacey Alysson Melman

529 S Garfield AV
Monterey Park, CA, 91754
$1,275,000
Beds
0 Baths
0 SqFt
0.11 Acres
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MLS #GD26218067 image #0
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.
AGENT: Armen Avedian
LISTING BROKERAGE: Coldwell Banker Hallmark
529 S Garfield AV
Monterey Park, CA

Property Details

Price:
$1,275,000
MLS #:
GD26218067
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
641montereypark
Listed Date:
Oct 7, 2026
Total Sq Ft:
2,654
Lot Size:
4,775 sqft / 0.11 acres (approx)
Year Built:
1955
641 – Monterey Park641montereypark
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Schools

Interior

Cooling
WW
Heating
WL
Laundry Features
AR

Exterior

Common Walls
_1CW
Community Features
CRB
Parking Spots
8
Parking Total
8

Financial

Maintenance Fee
$3,000
Net Operating Income
$77,040

Map

Community

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