2012 S Garfield Avenue, Monterey Park, California 91754, Monterey Park, 91754 - bed, bath
2012 S Garfield Avenue
Monterey Park, California 91754
Property Price
SUMMARY
Analysis of 2012 S Garfield Avenue, Monterey Park, California 91754 is currently available with a list price of $1,810,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition with significant capital improvements including a newer roof (6 years), tankless water heaters (2 years), and central HVAC in all units. Interior photos reveal updated kitchens with stone countertops and modern cabinetry, along with clean bathrooms and contemporary laminate flooring. While the 1977 build date suggests older infrastructure, the extensive maintenance and cosmetic updates align with the 'good' classification.
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, making it highly attractive for tenants commuting to DTLA or Pasadena.
- Recent Capital Improvements
Significant upgrades including a newer roof, energy-efficient tankless water heaters, and central HVAC in all units reduce immediate maintenance concerns and enhance property value.
- Ample Parking and Amenities
The quadplex offers a rare parking ratio of two spaces per unit with gated carports, along with private outdoor spaces for every tenant, which are premium features in the rental market.
CONSRISKS & DEFICIENCIES
- 1970s Infrastructure
Built in 1977, the property may eventually require updates to original plumbing or electrical systems common in buildings of this vintage, despite recent surface and mechanical upgrades.
- Current Contract Status
The property is currently 'Active Under Contract,' which limits immediate availability for new buyers and may require a backup position to secure the asset.
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
- -
- 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 2.0 | 50% |
| Baths | - | 1.0 | 50% |
| Square foot | 4,044 | 2,906 | 50% |
| Lot Size | 10,377 | 8,341.5 | 50% |
| Price | $1.81M | $1.40M | 50% |
| Price per sq ft | $448 | $504 | 50% |
| Built year | 1977 | 1963 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 354 | 251 | 0% |
Pricing History
Listed for Sale
Mar 17, 2025
$1,810,000
Initial Listing