Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
2,654 sqft

$1,275,000

529 S Garfield Avenue, Monterey Park CA, 91754

Price per sqft$480.41
Built in1955
Property size2,654 sqft
Property typeMulti-family

Overview

Active

Listed Oct 7, 2026

Updated 15h 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
GD26218067

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Maintenance Expense
$3,000
55+/Senior Community
No

Also listed on MLSLISTINGS and CRMLS

Listed by Armen Avedian, Coldwell Banker Hallmark, CA DRE 00945343

Listing Contact: 818-399-6531 

Based on information from the CRISNet MLS as of 10/20/2026, 2:52 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

©2026 CRISNet MLS. All rights reserved. 

Powered by Luxury Presence