The optical properties of narrow quantum wells (QWs) and their dependence on the details in the gas switching procedure have been studied for the InGaAs/InP lattice matched system. Both energy and width of the low temperature photoluminescence peaks depend sensitively and systematically on this procedure. Optimized growth requires a short interrupt at each interface. Differences in well thickness of one monolayer were easily resolved in the spectra and strong luminescence was observed also from a one monolayer thin well. A narrow full width at half maximum of 15 meV for a three monolayer well thickness was measured.