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Listed by Coldwell Banker Hallmark, Armen Avedian, Listing Contact: [email protected]

$1,275,000

529 S Garfield AVE, Monterey Park CA, 91754

Price per sqftN/A
Built in1955
Property typeResidential

Overview

Active

Listed Oct 7, 2026

Updated 10h ago

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.

$8,483/mo

Est. mortgage payment based on a $1,275,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CRGD26218067

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.11 Acres
MLS provider logo

Listed by Coldwell Banker Hallmark, Armen Avedian DRE:00945343,
Listing Contact: [email protected] 

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Data last updated 8:02 AM UTC, 10/7/2026

 

 

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