529 S Garfield AVE, Monterey Park, CA 91754
529 S Garfield AVE, Monterey Park, CA 91754
529 S Garfield AVE, Monterey Park, CA 91754
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,275,000
Est. payment /mo
4,774 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 GD26218067

HOA Y/N No

Year Built 1955

Lot Size 4,774 Sqft

Property Sub-Type Quadruplex

Property Description

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.

Location

State CA

County Los Angeles

Area 641 - Monterey Park

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Common Area

Exterior

Parking Features Covered, Tandem

Carport Spaces 8

Pool None

Community Features Curbs

Total Parking Spaces 8

Private Pool No

Building

Lot Description Irregular Lot

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5263001029

Energy Description 280.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard


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Listed by Armen Avedian Coldwell Banker Hallmark 818-399-6531, DRE #00945343

NEARBY SCHOOL & BUSINESS

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