For Sale Multi-Family MLS# GD26218067

529 S Garfield Avenue

Monterey Park, CA 91754

$1,275,000

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About 529 S Garfield Avenue

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.

Property details

Property

Type
multi
Year built
1955
Living area
2,654 sqft
Price / sqft
$480
Lot
0.1096 ac
List date
Oct 6, 2026

Schools

District
Alhambra Unified School District

Location

School district
Alhambra Unified School District

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Listed by Armen Avedian, Coldwell Banker Hallmark

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.