About this home

**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.

Facts and features

Schools

• Macy Intermediate School

  middle · 6-8 · 0.2 mi

  7

• Bella Vista Elementary School

  elementary · K-5 · 0.7 mi

  5

• Schurr High School

  high · 9-12 · 1.0 mi

  6

• Meher Montessori School

  elementary · PK-K · 0.1 mi

• Our Lady of the Miraculous Medal School

  elementary · K-8 · 0.7 mi

• Saint Thomas Aquinas

  elementary · K-8 · 0.8 mi

Price history

• Aug 10, 2026 · Listed$1,680,000
• Jan 12, 2005 · Sold$800,000
• Jul 28, 1988 · Sold$455,000

Tax history

• 2025$15,221 tax · $1,137,416 assessed
• 2024$15,021 tax · $1,115,115 assessed
• 2023$15,060 tax · $1,071,816 assessed
• 2022$14,556 tax · $1,050,801 assessed
• 2021$14,059 tax · $1,030,198 assessed
• 2020$13,954 tax · $1,019,635 assessed
• 2019$13,523 tax · $999,643 assessed
• 2018$13,749 tax · $980,043 assessed

Home value

$1,663,000

• Collateral Analytics$1,663,000
• Quantarium$1,531,041

Where it is