2012 S Garfield Avenue, Monterey Park, California 91754, Monterey Park, 91754 - 0 bed, 0 bath
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2012 S Garfield Avenue
Monterey Park, California 91754
ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
4,044Sq Ft
10,377Lot Size
Property Price
LIST PRICE$1,738,000
SUMMARY
Analysis of 2012 S Garfield Avenue, Monterey Park, California 91754 is currently available with a list price of $1,738,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Monterey Park Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While built in 1977, the property has undergone extensive recent renovations including a modern kitchen with stainless steel appliances and shaker cabinets (likely <5 years old). Major systems are updated with a 6-year-old roof, 2-year-old tankless water heaters, and central HVAC throughout, requiring no immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
The property is ideally situated near the 10, 710, and 60 freeways and within walking distance to parks and major retail hubs, ensuring high tenant demand and low vacancy rates.
- Recent Capital Improvements
Extensive maintenance including a newer roof, tankless water heaters, and central HVAC in all units reduces immediate capital expenditure requirements for a new investor.
- Superior Parking and Amenities
The quadplex offers an exceptional parking ratio with eight spaces, including gated carports, plus private outdoor spaces for every unit, which is a significant competitive advantage in the rental market.
CONSRISKS & DEFICIENCIES
- High Acquisition Cost
At a list price of $1.738M, the price per unit exceeds $434,000, which may result in a lower initial cap rate compared to other value-add opportunities in the region.
- Vintage Infrastructure
Despite recent upgrades, the 1977 construction may still necessitate long-term monitoring and maintenance of original plumbing and electrical systems common to buildings of this era.
About 2012 S Garfield Avenue
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!
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1977
- Lot Size
- 10,377 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 0.0 | 1.0 |
| Square foot | 4,044 | 2,780 |
| Lot Size | 10,377 | 8,337.6 |
| Price | $1.74M | $1.20M |
| Price per sq ft | $430 | $527 |
| Built year | 1977 | 1956 |
| HOA | $0 | $0 |
| Days on market | 65 | 78 |
Pricing History
Listed for Sale
Jul 6, 2026
$1,738,000
Initial Listing
Sold
Feb 1, 2019
$1,275,000
Public Record