701 S Garfield Ave | Monterey Park, CA 91754
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- LoopNet Team
701 S Garfield Ave
Monterey Park, CA 91754
Woodside Village · Multifamily Property For Sale
·
40 Units
Investment Highlights
- Prime rental location in Monterey Park with excellent street visibility.
- On-site laundry facilities and security cameras in each building.
- Well-positioned for a value-add strategy.
- Four separate single-story bungalow-style buildings.
- Strategically situated near the 10, 60, and 710 freeways, ensuring easy access and high tenant demand.
- Rare opportunity to acquire a stable, well-located asset in a high-demand rental market.
Property Facts
| No. Units | 40 | Building Size | 23,952 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1963 |
| Building Class | B | Parking Ratio | 1.8/1,000 SF |
| Lot Size | 1.27 AC | ||
| Zoning | R3 - Limited Multiple Residence | ||
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 1.27 AC |
| Building Size | 23,952 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1963 |
| Parking Ratio | 1.8/1,000 SF |
| Zoning | R3 - Limited Multiple Residence |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Kitchen
- Oven
- Tub/Shower
- Family Room
- Handrails
- Patio
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Security System
- Private Bathroom
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 36 | $2,000 | 580 |
| 2+1 | 4 | $2,600 | 750 |
Property Taxes
| Parcel Number | 5263-008-005 | Improvements Assessment | $2,353,148 |
| Land Assessment | $2,535,001 | Total Assessment | $4,888,149 |
Property Taxes
Parcel Number
5263-008-005
Land Assessment
$2,535,001
Improvements Assessment
$2,353,148
Total Assessment
$4,888,149
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