2012 S Garfield Ave Monterey Park, CA 91754
Estimated payment $11,205/month
About This Home
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!
Listing Agent
SAN GABRIEL VALLEY REALTY Brokerage Email: Realtor@CharlieLac.com License #01777052 Listed on: 03/17/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,733
Year Built
- Built in 1977
Lot Details
- 10,377 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 2 Open Parking Spaces
- 6 Car Garage
- 6 Carport Spaces
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 4,044 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 9 Bedrooms
- 8 Bathrooms
Listing and Financial Details
- Tax Lot 106
- Tax Tract Number 31231
- Assessor Parcel Number 5274012032
Community Details
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- Fuel Expense $1,816
- Insurance Expense $1,987
- Trash Expense $2,194
- Water Sewer Expense $2,194
- Operating Expense $9,900
- Gross Income $102,000
- Net Operating Income $83,000
Additional Features
- 4 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $18,733 | $1,422,282 | $836,637 | $585,645 |
| 2024 | $18,733 | $1,394,395 | $820,233 | $574,162 |
| 2023 | $18,785 | $1,367,054 | $804,150 | $562,904 |
| 2022 | $18,149 | $1,340,250 | $788,383 | $551,867 |
| 2021 | $17,530 | $1,313,972 | $772,925 | $541,047 |
| 2019 | $15,617 | $1,175,652 | $655,452 | $520,200 |
| 2018 | $7,520 | $506,332 | $248,000 | $258,332 |
| 2016 | $7,213 | $486,672 | $238,371 | $248,301 |
| 2015 | $6,794 | $479,363 | $234,791 | $244,572 |
| 2014 | $6,721 | $469,974 | $230,192 | $239,782 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/17/2025 03/17/25 | For Sale | $1,810,000 | +42.0% | $448 / Sq Ft |
| 02/01/2019 02/01/19 | Sold | $1,275,000 | -1.9% | $315 / Sq Ft |
| 01/02/2019 01/02/19 | Pending | -- | -- | -- |
| 12/24/2018 12/24/18 | For Sale | $1,299,900 | -- | $321 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Grant Deed | $1,275,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | First American Title | |
| Grant Deed | -- | Southland Title Company | |
| Grant Deed | -- | Southland Title Corporation | |
| Quit Claim Deed | -- | -- | |
| Individual Deed | $367,500 | United Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $898,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $892,500 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $484,400 | New Conventional | |
| Previous Owner | $350,000 | New Conventional | |
| Previous Owner | $223,000 | Purchase Money Mortgage | |
| Previous Owner | $56,000 | Unknown | |
| Previous Owner | $82,000 | Credit Line Revolving | |
| Previous Owner | $175,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS25036937
APN: 5274-012-032
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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