529 S Garfield Avenue Monterey Park, CA $ 1,275,000
529 S Garfield Avenue
$ 1,275,000
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529 S Garfield Avenue

Monterey Park, CA, 91754
$ 1,275,000
Bedrooms-- Baths1.0 Sq 2,654

Monthly Estimate*

$ 8,806

Listed by Armen Avedian, Coldwell Banker Hallmark, armenavedian@aol.com
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Multi-Family Home for sale in Monterey Park, CA

for $1,275,000 with 1 full bath. This 2,654 square foot home was built in 1955 on a lot size of 0.1096.

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.

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Multi-Family Active

Price

$ 1,275,000

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1096

Year Built

1955

Town/City

Monterey Park

County/Region

Los Angeles

MLS | Web ID

GD26218067

Days on Market

6

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Garage Spaces 0
Pool Features None
Exclusions All cameras monitors & related equipment & wiring.
Year Built 1955
Property Subtype Quadruplex
Gross Income 89160
Community Features Curbs
County Los Angeles
Net Operating Income 77040
Operating Expense 12120
Insurance Expense 2414
New Construction false
Property Type Residential Income
MaintenanceExpense 3000
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Just S of Ramona Avenue
City Monterey Park
Entry Location 1
Senior Community Y/N false
Number Of Units Total 4
MLS Area 641 - Monterey Park
Lot Size Units Square Feet
Lot Size Square Feet 4775
Carport Spaces 8
Carport Y/N true
Listing Terms Cash Cash to New Loan
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 500
Fuel Expense 280
Trash Expense 1750
Water Sewer Expense 2496
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 226
Property Sub Type Additional Quadruplex
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Interior
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Common Area
Entry Level 1
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Exterior
Parking Features Covered Tandem
Lot Features Irregular Lot
Water Source Public
Total Parking 8
Lot Size Area 4775
Number of Buildings 1
Building Area Total 2654
Lot Size Acres 0.1096
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
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* Excluded Features
List By
Armen Avedian

Listing Agent

Coldwell Banker Hallmark

Broker

armenavedian@aol.com

Email

Affordability Calculator

$8,806
Per Month
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Monthly Principal & Interest
$8,806
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/7/2026$1,275,000 Listed Price

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529 S Garfield Avenue, Monterey Park, CA, 91754 is a Multi-Family Home for sale at $1,275,000 with 2,654 sqft and a lot size of 0.1096. 529 S Garfield Avenue has 1.0 baths and was built in 1955. The property's zip code is 91754 which is in Monterey Park, CA