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$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

$1,395,000
SB26170937 MLS Active Under Contract Status
First time on the market since built in 1964! Owner's unit PLUS three apartment units in an excellent Monterey Park location. The ONE LEVEL OWNER'S UNIT includes 3 bedrooms, 1 3/4 bath, central AC, forced air heating, built-in appliances and wood burning fireplace. Also includes a garage, 2 carport spaces and a huge covered patio with built-in BBQ grill. Live in the owner's unit or rent it out at MARKET RATE. The 3 large recently upgraded 1 bedroom 1 bath apartments include newer quartz kitchen counters, newer vanities, newer floor coverings. Each unit enjoys a balcony off the living room and one assigned carport space. Most have city lights views and beyond. Shared laundry room for the entire building. Near shopping and freeway access. DO NOT DISTURB TENANTS!!!!

1170 College View Drive, Monterey Park

$935,888
PW26149416 MLS Active Under Contract Status
Welcome to the duplex at 1220 & 1224 Avenida Cesar Chavez, located in the highly desirable City of Monterey Park, directly across the street from East Los Angeles College. This prime location offers the convenience of being within walking distance to a variety of shopping, dining, and everyday amenities, while providing easy access to the 60 Freeway and several major connecting freeways for an effortless commute. Each residence is eligible for two permanent street parking permits, along with additional guest parking permits issued by the City of Monterey Park, providing convenient parking options for residents and visitors. Each unit features 2 bedrooms, 1 bathroom, a spacious living room ideal for entertaining, and convenient laundry hookups. The property also offers exciting future development potential with a large pad adjacent to the garage that may accommodate an Accessory Dwelling Unit (ADU). The detached garage is accessed via a wide rear alley, allowing separate ingress and egress, which could make a future garage-to-ADU conversion more practical. Buyers are encouraged to verify all development possibilities and ADU requirements with the City of Monterey Park.

1224 Avenida Cesar Chavez, 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

$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

$1,180,000
TR26067269 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

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.