Listing Agency: CAMBRIDGE CONSOLIDATED r***@gmail.com Show Phone

Listed By: KEVIN LEE · License #01899750

Source: Crexi

Added: Sep 10, 2025 Changed: Aug 8 Last Checked: Jul 23 at 1:19PM

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Investment Insights

Based on property information with market context.

This multifamily property in Monterey Park, California, features 40 units. The property is being offered for sale and has a capitalization rate of 6.70%.

Key Highlights

• Multifamily property ideal for investors.
• Features 40 units.
• Boasts a solid 6.70% CAP rate.

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Gym & Fitness Center Parking Lot & Garage Electrical Service Barber Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,020

Businesses Nearby

Explore this area Business Placement

Demographics for 91754, CA

33,300

Population

12,754

Households

2.6

Avg Household Size

44

Median Age

38%

College-Educated

82%

High-School Grad

4.5 sq mi

ZIP Area

7,400

Density / Sq Mi

$81,890

Median Household Income

$46,992

Median Earnings

$1,884

Median Rent

$845,000

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Apartment building - 40-unit multifamily property in Monterey Park, California, with 6.70% CAP.

Where is this apartment building located?

The property is located at 701 S Garfield Avenue Monterey Park, CA.

What is the asking price?

The asking price for this property is $10,000,000.

What are key features of this property?

This property features: Multifamily property ideal for investors.; Features 40 units.; Boasts a solid 6.70% CAP rate.