216 E Graves, Monterey Park, CA, 91755

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$1,880,000
6 Days On Site

216 E Graves
Monterey Park, CA 91755

For Sale|Quadruplex|Active
0
Beds
0
Total Baths
3,344
SqFt
$562
/SqFt
1954
Built
County:
Los Angeles
Listed by YIN ZHEN LI of eXp Realty of Southern California, Inc. [email protected]
216 E Graves216 E Graves216 E Graves216 E Graves
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Mortgage Calculator

Monthly Payment (Est.)

$8,577
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

Introducing a rare, turnkey investment opportunity in the heart of Monterey Park, one of the most sought after rental markets in the San Gabriel Valley known for strong tenant demand, central location, and long term appreciation. This well maintained 4-unit income property features updated units, allowing investors to step into immediate, stabilized cash flow without the typical renovation risk or capital expenditure. Offering a 5.35% cap rate, this asset is ideal for buyers seeking both reliable income today and long term upside in a high demand submarket. Positioned centrally, the property benefits from proximity to major employment hubs, retail corridors, and convenient freeway access, consistently driving strong rental demand and minimizing vacancy. Monterey Park continues to outperform as a rental market due to its accessibility to Downtown LA and surrounding job centers. Each unit has been thoughtfully updated, appealing to quality tenants and supporting premium rental positioning. For investors, this means reduced maintenance, stronger tenant retention, and operational efficiency from day one. At the same time, there remains additional upside potential through future rent adjustments as the market continues to appreciate.

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Listing Snapshot
Price 
$1,880,000
Days On Site 
6 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,344 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2895 Acres
Year Built 
1954
MLS® Number 
WS26082158
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoListing first seen on site
6 days agoListing updated with changes from the MLS®
General Features
Acres 
0.2895
Garage 
Yes
Garage Spaces 
4
Land Lease 
No
Number Of Stories 
1
Parking Spaces 
4
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
3344
Water Source 
Public
Interior Features
Laundry Features 
Washer HookupElectric Dryer HookupGas Dryer Hookup
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Exterior Features
Lot Features 
Rectangular Lot
Pool Features 
None
Community Features
Building Access 
Front doors
Community Features 
Sidewalks
Financing Terms Available 
Cash
MLS Area 
641 - Monterey Park


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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