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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,680,000

Est. payment - /mo

10,341 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV26168292

HOA Y/N No

Year Built 1977

Lot Size 10,341 Sqft

Property Sub-Type Quadruplex

Property Description

**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.

Location

State CA

County Los Angeles

Area 641 - Monterey Park

Interior

Fireplace No

Laundry Common Area, Inside

Exterior

Parking Features Assigned, Covered, Driveway, Garage, One Space

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Park, Suburban, Sidewalks

Roof Type Shingle

Total Parking Spaces 12

Private Pool No

Building

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5274022013

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

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Listed by Silvia Cheung KELLER WILLIAMS 626-315-3119, DRE #02098781

NEARBY SCHOOL & BUSINESS

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1982 S Garfield Monterey Park, CA 91754