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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
Questions?

1982 S Garfield, Monterey Park – $1,680,000

  • 9 Beds
  • 8 Baths
  • .24 Acres
  • 43 DOM
  • 9 Beds
  • 8 Baths
  • .24 Acres
  • 43 DOM

1982 S Garfield

**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.

Essential Information

  • MLS® #CV26168292
  • Price$1,680,000
  • Bedrooms9
  • Bathrooms8.00
  • Acres0.24
  • Year Built1977
  • TypeResidential Income
  • Sub-TypeQuadruplex
  • StatusActive

Community Information

  • Address1982 S Garfield
  • Area641 - Monterey Park
  • CityMonterey Park
  • CountyLos Angeles
  • Zip Code91754

Amenities

  • Parking Spaces12
  • # of Garages5
  • PoolNone

Parking

Assigned, Covered, Driveway, Garage, One Space

Garages

Assigned, Covered, Driveway, Garage, One Space

Interior

  • # of Stories2
  • StoriesTwo

Exterior

  • RoofShingle

Additional Information

  • Date ListedAugust 1st, 2026
  • Days on Market43

Listing Details

  • AgentSilvia Cheung
  • OfficeKELLER WILLIAMS
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Silvia Cheung, KELLER WILLIAMS.

Based on information from California Regional Multiple Listing Service, Inc. as of September 22nd, 2026 at 6:15pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.