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529 S Garfield Ave , Monterey Park, CA 91754
$1,275,000
Est. Payment: $6,615.70/mo
8 Bed
4 Bath
0.11 Acres
Status: active | Days on site: 13
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CR-G6763 - CR-G81173
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Chris Heller
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House Description

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 owners 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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Highlights

Listed by Armen Avedian , 818-399-6531 Coldwell Banker Hallmark , 818-476-3000. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family
Lot/Acreage
0.11

County

Los Angeles

Listing ID

GD26218067

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:4
Air Cond:Wall/Window
Fireplaces:

Exterior Features

Zoning:Assessor
Principal Interest
$6,616
Taxes
$813

Home Price

$1,275,000

Loan Details

30 yrs
6.75%

Down Payment

20%
$255,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,615.70

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,615.70 $812.81 $0.00 $7,428.51
Yearly $79,388.41 $9,753.75 $0.00 $89,142.16
Total $2,381,652.21 $292,612.50 $0.00 $2,674,264.71

Today's Rates

30 Year

6.75%

20 Year

6.86%

15 Year

6.24%

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Market insight data is pulled from the same city as the listing being viewed (Monterey Park, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The data relating to real estate for sale on this web site comes in part from the San Diego MLS, Inc.. Real estate listings held by brokerage firms other than Heller Real Estate Group | eXp Realty of Southern California | PLACE are marked with the IDX logo. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS.

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Data last updated: 2026-11-07T21:33:38.000Z

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