|
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 non-permitted.
| Last Updated | 9/23/2025 | Year Built | 1962 |
|---|---|---|---|
| Community | 674 - Montebello | Garage Spaces | 6.0 |
| County | Los Angeles |
Additional Details
| AREA | 674 - Montebello |
|---|---|
| GARAGE | Yes |
| LOT | 7296 sq ft |
| LOT DESCRIPTION | Corner Lot, Front Yard |
| POOL DESCRIPTION | None |
| SEWER | Unknown |
| STORIES | 2 |
| WATER | Public |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". | |
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.