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523 N Lincoln, Monterey Park
$2,980,000
WS26227750 MLS ⋅ Active Status
Prime Monterey Park Investment Opportunity! Ideally situated in the heart of Monterey Park, just minutes from the Garfield Avenue and I-10 Freeway interchange, this exceptional income property offers a rare combination of location, scale, and value-add potential. The property features four separate buildings with five units, including two 3 bedroom, 2 bath and three 2 bedroom, 1 bath units, providing a versatile unit mix appealing to a broad range of tenants. Expansive 17,172 square foot lot with approximately 5,293 square feet of building area offers impressive scale and potential for long-term value appreciation. A total of 12 parking spaces and Four garages provides exceptional parking convenience. All five units are individually metered for gas and electricity, offering added convenience for utility management. Zoned R3, the property may offer future multi-unit development potential, subject to city regulations and approvals. Current rents are below market, presenting an estimated rental upside of over 30% and an excellent opportunity to increase income through strategic rent adjustments. The property underwent seismic retrofitting in 2011. With its expansive lot, versatile five-unit configuration, and significant rental upside, this is a compelling value-add investment with exceptional potential. Don’t miss this rare opportunity to unlock the full value of a high-potential income property in one of Monterey Park’s most desirable locations!

523 N Lincoln, Monterey Park

425 S Orange Avenue, Monterey Park
$2,480,000
14 Beds ⋅ 8 Baths ⋅ CV26227946 MLS ⋅ Active Status
First time on the market in over 26 years! This distinctive five-unit Monterey Park property offers approximately 6,708 sq ft on a generous 19,210 sq ft lot, combining a detached front residence rebuilt from the ground up in 2003 with four bungalow-style units. The thoughtful layout provides separation between residences, with select rear units connected only by garages. Seven garage spaces plus driveway and carport areas add versatility. The approximately 2,700 sq ft, two-story front home features gated pedestrian access, an automatic vehicle gate, double-door entry and an attached three-car garage with direct access. Highlights include laminate flooring, recessed lighting, dual-pane windows, granite kitchen counters, stainless steel appliances and separate upstairs/downstairs central HVAC systems. Two downstairs bedrooms and a full bath complement upstairs bedrooms, an office/bonus room, spacious den and a balcony overlooking the recently installed artificial-turf lawn. A separate laundry room has its own exterior entrance, while the long carport area is currently enjoyed as outdoor space. Separate front and rear entrances and two gas and two electric meters offer flexibility for future planning. Any division into additional units or installation of a second kitchen requires city review, permits and approval. The four rear residences include Unit C with approximately 1,258 sq ft, three bedrooms and two baths, plus Units D, E and F with approximately 900-925 sq ft, two bedrooms and one bath each. Each rear unit has a one-car garage and driveway parking. Units E and F were upgraded in August 2026. A dedicated rear trash area further supports the functional layout. Enjoy nearby Garvey Ranch Park, with tennis courts, playgrounds, picnic areas, a historical museum and observatory, plus Barnes Park and Monterey Park's varied dining, tea shops, cafes and markets. Atlantic Times Square and access to the 10 and 60 freeways expand shopping, entertainment and commuting options. Nearby schools include Hillcrest Elementary, Garvey Intermediate and Mark Keppel High; enrollment eligibility to be verified. R3 zoning offers possibilities to explore, with all expansion, garage conversion and additional-unit potential subject to city approval. A rare opportunity for investment or owner occupancy with rental income.

425 S Orange Avenue, Monterey Park

529 S Garfield Avenue, Monterey Park
$1,275,000
GD26218067 MLS ⋅ Active Status
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.

529 S Garfield Avenue, Monterey Park

218 W Hellman, Monterey Park
$3,195,000
SB26214190 MLS ⋅ Active Status
Trophy Multifamily Asset in the Heart of Monterey Park First time on the market in over 45 years! This exceptional multifamily investment opportunity is ideally located in the heart of Monterey Park and sits on an oversized approximately 20,000-square-foot lot. The property offers an attractive unit mix consisting of approximately 80% two-bedroom units and 20% one-bedroom units, providing strong appeal to a broad tenant base. Most units feature private balconies or patios and are SB 721 compliant. Tenant amenities include a beautifully landscaped common area with a BBQ and outdoor seating area, mature gardens, and common-area laundry facilities. Each tenant also benefits from either a single or dual enclosed garage, providing valuable off-street parking and additional storage. The property presents upside income potential through below-market rents and is exempt from the Los Angeles City RSO, with rents subject to applicable California statewide rent-control guidelines. Additional property features include: Separately metered gas and electricity Gated entrance Enclosed garage parking Mature landscaping and garden areas Stable tenancy Approximately 20,000 SF lot Attractive 80% two-bedroom / 20% one-bedroom unit mix With its long ownership history, desirable unit mix, substantial lot size, garage parking, and potential for rental upside, this is a rare opportunity to acquire a multifamily asset in a market where properties with more than five units trade infrequently. IMPORTANT NOTE: Buyer/agent to verify square footage (lot and units) and all MLS information. Broker and agent do not represent or guarantee accuracy of the square footage, bedroom/bathroom count, lot size or lot lines/dimensions, permitted or unpermitted spaces, school boundary lines or eligibility, rent control, or the information concerning the conditions, or features of the property. Buyer/agent are advised to independently verify the accuracy of all information.

218 W Hellman, Monterey Park

2354 Schoolside, Monterey Park
$1,160,000
TR26213744 MLS ⋅ Active Status
Excellent duplex investment opportunity in a desirable Monterey Park location. Each unit features 2 bedrooms and 1 full bathroom, one unit offering an additional half bath on the main level. Interiors include a combination of wood and bamboo flooring, dual-pane windows, and convenient in-unit laundry closets. The property offers a fenced backyard, two parking spaces, and a detached 2 car garage. Situated on a quiet residential street, just minutes from popular restaurants, shopping centers. Ideally located within close distance to East Los Angeles College and a nearby elementary school. Easy access to the 60, 10, 710, and 5 freeways provides a convenient commute to Downtown Los Angeles and surrounding areas.

2354 Schoolside, Monterey Park

2442 Sherbrook, Monterey Park
$1,250,000
PW26210879 MLS ⋅ Active Status
Prime tenant-occupied Monterey Park triplex! Perfect for savvy investors seeking steady holding income and future revenue optimization. The front building features two single-story units (2BD/1BA each), both offering a spacious living/dining combo and a good-sized kitchen. Positioned alongside is a custom upper-level 2BD/1.5BA unit set above the parking area, featuring vaulted ceilings, a large kitchen, dedicated dining area, spacious living room, and a private enclosed upstairs patio. All units feature dual entrances. Amenities include a central courtyard, shared laundry, two 1-car garages, a 2-car garage, and carport parking. Enjoy close proximity to DTLA, shopping, schools, and freeways. Outstanding long-term investment opportunity!

2442 Sherbrook, Monterey Park

1982 S Garfield, Monterey Park
$1,680,000
CV26168292 MLS ⋅ Active Status
**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.

1982 S Garfield, Monterey Park

2012 S Garfield Avenue, Monterey Park
$1,738,000
WS26105108 MLS ⋅ Active Status
Highly desirable four-unit located near the corridors of the 10, 710, and 60 freeways. Within walking distance to Barnes and Edison Park and a few minutes drives to Costco, 99 Ranch, Ralphs, Downtown Los Angeles (DTLA), Pasadena, and more. This Quadplex community has been upgraded and maintained extensively with a new roof approximately six years old, two-year-old tankless efficient gas-powered water heaters, and a coin-operated laundry room for the three units while the master unit features its own private washer and dryer room. Each unit has a unique yard or balcony. All units have central air and heat. There are a eight parking spaces, six gated carports, and two parking stalls for larger vehicles. Don’t miss out on this exceptional opportunity!

2012 S Garfield Avenue, Monterey Park

1306 W 1st Street, Monterey Park
$845,000
AR26095827 MLS ⋅ Active Status
This well-maintained duplex has brand new exterior paint, featuring Unit #1302 and Unit #1306. Situated on a 6,874 sq. ft. lot with approximately 1,540 sq. ft. of living space. Each unit offers 2 bedrooms and 1 bathroom, living room and dining area. Unit #1302 features original hardwood flooring, Unit #1306 will have new carpet installed on June 12. Each unit includes its own washer and dryer for added convenience. The units are thoughtfully arranged around a beautifully landscaped courtyard garden, creating a peaceful and inviting atmosphere. The property also features a detached two-car garage with convenient alley access. Long-term tenants are currently in place, providing stable rental income with a strong payment history. Ideally located near Atlantic Blvd., the property offers quick access to Downtown Los Angeles and Freeways 5, 60, and 710. Shopping, dining, and East Los Angeles College are all just minutes away. This property may also be sold together with adjacent parcel APN 5251-030-007 (Units #1310 & #1314). Combined, both parcels offer an expansive 13,314 sq. ft. lot, presenting excellent opportunities for investors and future development potential.

1306 W 1st Street, Monterey Park

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.

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