RealKey
‪(213) 433-7766‬

2012 S Garfield Avenue, Monterey Park, California 91754, Monterey Park, 91754 - bed, bath

2012 S Garfield Avenue, Monterey Park, California 91754 home-pic-0
ACTIVE$1,810,000
2012 S Garfield Avenue, Monterey Park, California 91754
0Bed
0Bath
4,044Sqft
10,377Lot
Year Built
1977
Close
-
List price
$1.81M
Original List price
$1.81M
Price/Sqft
$448
HOA
-
Days on market
-
Sold On
-
MLS number
WS25036937
Home ConditionGood
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.81M(50th), sqft - 4044(50th), beds - undefined(50th), baths - undefined(50th).

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!

Price History

Date
Event
Price
03/17/25
Listing
$1,810,000
Condition Rating
Good
Built in 1977, this property has undergone significant recent updates. The description notes a new roof (approx. 6 years old) and tankless water heaters (2 years old), indicating well-maintained major systems. The interior images reveal updated bathrooms with modern vanities, subway tile, and contemporary fixtures. Flooring throughout the visible units appears to be updated laminate or vinyl plank, and walls have fresh, neutral paint. The kitchen sink area shows modern countertops and a gooseneck faucet. While full kitchen views are limited, the visible updates suggest a property that is move-in ready and has been extensively renovated within the last 5-15 years, aligning with the 'Good' condition criteria.
Pros & Cons

Pros

Income Generating Property: As a Quadplex, this property offers significant potential for rental income, making it an attractive investment opportunity.
Strategic Location & Accessibility: Located near the 10, 710, and 60 freeways, providing excellent connectivity and easy access to Downtown Los Angeles, Pasadena, and surrounding areas.
Recent Major Upgrades: Extensively upgraded with a new roof (approx. 6 years old) and two-year-old tankless efficient gas-powered water heaters, reducing immediate capital expenditure for a new owner.
Tenant-Friendly Amenities: All units feature central air and heat, unique yards or balconies, and convenient laundry facilities (coin-operated for 3 units, private for master), enhancing tenant appeal and retention.
Ample Parking: The property boasts eight parking spaces, including six gated carports and two stalls for larger vehicles, a significant advantage in a multi-unit urban setting.

Cons

Property Age: Built in 1977, the property is over 45 years old. While major systems have been updated, older infrastructure may still require attention or lead to higher maintenance costs in other areas.
Potential for Freeway Noise: Its proximity to major freeways (10, 710, 60) could result in increased noise levels, which might be a drawback for some tenants seeking a quieter living environment.
Unspecified Unit Interior Condition: The description highlights exterior and system upgrades but does not detail the interior condition or renovation status of individual units, which may be dated and require future investment to maximize rental value.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state