Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
Listed by KELLER WILLIAMS, Silvia Cheung, Listing Contact: 626-315-3119 
9 Beds
8 Baths

$1,680,000

1982 S Garfield, Monterey Park CA, 91754

Property typeMulti-family

Overview

Active

Listed Aug 10, 2026

Updated 13 days ago

**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.

$11,177/mo

Est. mortgage payment based on a $1,680,000 home price.

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

Additional information

MLS® ID
CV26168292

Interior Features

Bedrooms
9
Bathrooms
8
Basement
No

Exterior Features

Lot Size
0.24 Acres

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. 

© 2026 San Diego Multiple Listing Service. All rights reserved. 

Data last updated 3:20 AM UTC, 9/25/2026

   

 

Website advertised by Lisa Padilla | CA DRE# 01295891 , DRE 343861631

Powered by Luxury Presence