$1,750,000

601 North Garfield Avenue, Montebello, CA 90640

  • 6,066 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1962
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $288/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

601 N Garfield Avenue presents an outstanding opportunity to acquire a well-located multifamily property offering six income-producing units along with an additional unpermitted studio. The property consists of one building, including four spacious two-bedroom units with one and a half baths each, two one-bedroom units with one bath, and the bonus studio. Positioned on a desirable corner lot, the property includes six covered parking spaces accessible through a rear alley carport. All units appear to be in good condition, and current rents remain below market, allowing for significant upside potential as units turn over. This makes the property ideal for investors seeking long-term growth and stable income in an established rental market. Residents enjoy the convenience of nearby shopping, restaurants, and public transportation, along with easy access to major freeways. Downtown Los Angeles is only a short drive away, further enhancing the appeal of the location for both current and future tenants.This is a rare chance to acquire a well-maintained multifamily asset with value-add potential in a strong rental corridor. The property will be delivered as-is, and the buyer is advised to verify all information, including unit count, permits, and property details. The studio unit is no

Listing Status:
Active
Date Added:
September 23, 2025 at 05:00AM
Listing Office:
First Team Real Estate : 949-759-5747
Listing Agent:
Craig Marson : 562-682-1944
MLS ID:
CRDW25224030
  • Laundry: No Hookups
  • HOA Amenities: 0.0
  • County: Los Angeles
  • Zoning: 5267031010
  • Utilities: Other Water/Sewer
  • Water: Other

This listing courtesy of Craig Marson, First Team Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Wilcox Elementary

816 Donna Way, Montebello, CA, 90640

Grades KG-5

0.48 miles away

M

Montebello Community Day

123 S Montebello Blvd, Montebello, CA, 90640

Grades 7-12

0.58 miles away

S

Schurr High School

820 N Wilcox Ave, Montebello, CA, 90640

Grades 9-12

0.55 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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