1581 College View Drive

Monterey Park, CA 91754

  • 0 Bed(s)
  • 0 Bath(s)
  • 4,306 Sqft
  • 8240
    Sqft(Lot)
$1,550,000

Description

This rare 5-unit apartment building in monterey park, built in 1960 with 4,306 sq. ft. on an 8,238 sq. ft. lot, hits the market for the first time in 20 years, offering strong existing rents and immense investment potential. each of the five 2-bedroom, 1-bathroom units includes a private balcony or patio, with individual gas and electric meters for easy management. the property features 5 tuck-under and 5 tandem parking spaces, ensuring ample parking for tenants. ideally located within walking distance to east los angeles college and brightwood elementary, it provides convenient access to the 710 and 60 freeways, downtown la, and numerous restaurants and retail options. don’t miss this unique opportunity to own a well-maintained property in a thriving rental market

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49801046

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Flat
    • Property Appliances: Gas Range
    • Fireplace: None
    • Flooring: Laminate

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1960
    • Building Area Total: 4,306
    • Roof: Flat

    Foundation

    • Slab

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1892
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 8240

  • Listing Price Information

    • Original List Price: 1,550,000
    • Listing Contract Date: 2025-05-16

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5252028029

  • Garage and Parking

    • Garage Description: Assigned

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Cable TV,Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 641 - Monterey Park
    • Postal Code Plus 4: 5133
    • Directions: College View Dr. & Valley Vista Dr.
    • Zoning: MPR3YY
    • Source Property Type: Residential Income
    • Area: 641 - Monterey Park
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 65
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: Front
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 06/11/2025 @ 06:57

  • MLS: AR25109435
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 4,306 sqft, 8,240 sized lot, and 0 parking. are nearby neighborhoods.