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$1,680,000
Est. payment /mo
9 Beds
8 Baths
10,341 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26168292
Bedrooms 9
Lot Size 10,341 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
**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.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction on Garfield and E. Elmgate
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5274022013
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
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Listed by Silvia Cheung, DRE#02098781 KELLER WILLIAMS
Nearby School & Business
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