Property Details
About this Property
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
MLS Listing Information
MLS #
CRAR25109435
MLS Source
California Regional MLS
Days on Site
8
Interior Features
Appliances
Oven Range - Gas
Flooring
Laminate
Cooling
Window/Wall Unit
Heating
Wall Furnace
Exterior Features
Roof
Flat
Foundation
Slab
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Garage: 0 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1581 College View Dr is a Residential Income in Monterey Park, CA 91754. This – square foot property sits on a 8,240 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,550,000 and was built in 1960. This address can also be written as 1581 College View Dr, Monterey Park, CA 91754.
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This listing information is up-to-date as of May 16, 2025. For the most current information, please contact Matt Cuong Ly, (626) 821-1216
