$1,680,000
**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.
Listed by Silvia Cheung with KELLER WILLIAMS (562) 902-5100
Property Type
Quadruplex
Status
Active
MLS Number
CV26168292
Year Built
1977
Lot Size
10,341 sq ft
Click to interact with map
2012 S Garfield Ave, Monterey Park
Listed by CHARLIE LAC with SAN GABRIEL VALLEY REALTY
611 W 46th, Los Angeles
Listed by Matias Stofenmacher with Edgestone Real Estate, Inc.
804 E Palmer Ave, Glendale
Listed by Meroojohn Ordubegian with Westgate Capital
5626 Gotham St, Bell Gardens
Listed by Robert Garcia with Alpha Investments
239 W Hillcrest, Inglewood
Listed by Benjamin Soicher with Lyon Stahl Investment Real Estate, Inc.
607 Sefton, Monterey Park
Listed by Chuqi Liu with RE/MAX Galaxy
1109 S Spruce St, Montebello
Listed by Eric Chen with CB RICHARD ELLIS
6848 Colmar, Bell Gardens
Listed by Maricela Musavvir with Diamond Hills Realty
