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$1,680,000

  • For Sale
  • Active
  • Multi-Family
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**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.

Full Property Details for 1982 S Garfield

General

  • Price: $1,680,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: CV26168292
  • Updated: 8/11/2026
  • Days on Market: 15 days
  • Added to Site: 15 day(s) ago

Rooms

Other Rooms

  • Laundry: Inside, Common Area

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 5
  • Parking Features: Garage, Assigned, Covered, Driveway, Parking Space
  • Parking: Garage, Assigned, Covered, Driveway, Parking Space

Location

  • Area: 641 - Monterey Park
  • County: Los Angeles
  • Development Name: 641 - Monterey Park
  • Driving Directions: on Garfield and E. Elmgate

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 4
  • # Electric Meters: 4

Structural Information

  • Roof: Shingle
  • Entry Location: front door
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 4,445
  • Year Built: 1977

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.2374
  • Lot Size (Sq. Ft.): 10,341
  • Lot Size Source: Assessor
  • Lot Description: Lot 10000-19999 Sqft

Financial Considerations

  • Price Per Sq. Ft.: $377.95
  • Price Per Unit: 420000

Listed by Keller Williams, Silvia Cheung

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Listing agent

— 1982 S Garfield —

  • Silvia Cheung

    Keller Williams

626-315-3119

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1982 S Garfield

School District:Montebello Unified School District
NameGradesDistance
Bella Vista Elementary School, Monterey Park, CA
2410 Findlay Avenue, Monterey Park, CA 91754
K-50.6 mi
Macy Intermediate School
2101 Lupine Avenue, Monterey Park, CA 91755
6-80.2 mi
Schurr High School
820 North Wilcox Avenue, Montebello, CA 90640
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1982 S Garfield Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/10/2026
Listed
$1,680,000
110%
MLS
1/12/2005
Sold
$800,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1982 S Garfield

Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,222
1%
$1,115,115
4%
2023
$15,060
3%
$1,073,016
2%
2022
$14,557
4%
$1,052,001
2%
2021
$14,060
1%
$1,031,398
1%
2020
$13,954
3%
$1,020,835
2%
2019
$13,523
-2%
$999,643
2%
2018
$13,749
2%
$980,043
2%
2017
$13,522
3%
$960,828
2%
2016
$13,152
6%
$941,990
2%
2015
$12,352
1%
$927,841
2%
2014
$12,192
—
$909,667
—
2013
$12,233
—
$905,557
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Keller Williams, Silvia Cheung

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1982 S Garfield, Monterey Park, CA 91754 (MLS# CV26168292) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1982 S Garfield is currently listed for $1,680,000 and was received on August 10, 2026. Want to learn more about 1982 S Garfield? Do you have questions about finding other Multi-Family real estate for sale in Monterey Park? You can browse all Monterey Park real estate or contact a Coldwell Banker agent to request more information.

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