Monterey Park, CA 91754,1581 College View DR
Monterey Park, CA 91754,1581 College View DR
Monterey Park, CA 91754,1581 College View DR
Monterey Park, CA 91754,1581 College View DR
Monterey Park, CA 91754,1581 College View DR
Monterey Park, CA 91754,1581 College View DR
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$ 1,550,000
Est. payment | /mo

8,241 Sqft Lot


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$ 1,550,000
Est. payment | /mo
Save

8,241 Sqft Lot

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR25109435

HOA Y/N No

Year Built 1960

Lot Size 8,241 Sqft

Property Sub-Type Apartment

Property 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

Location

State CA

County Los Angeles

Area 641 - Monterey Park

Zoning MPR3YY

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Laminate

Fireplaces Type None

Fireplace No

Appliance Gas Range

Laundry Common Area

Exterior

Parking Features Assigned

Carport Spaces 5

Pool None

Community Features Urban

Utilities Available Electricity Connected, Natural Gas Connected

View Y/N Yes

View Neighborhood

Roof Type Flat

Total Parking Spaces 10

Private Pool No

Building

Lot Description 2-5 Units/Acre

Faces South

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5252028029

Energy Description 1584.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Matt Cuong Ly • Coldwell Banker Realty • matt.ly@cbcnrt.com
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1581 College View DR