1581 College View DR new Save Request In-Person Tour Request Virtual Tour
Monterey Park,CA 91754
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25109435
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
Laundry Common Area
Exterior
Parking Features Assigned
Pool None
Community Features Urban
Utilities Available Electricity Connected,Natural Gas Connected
View Y/N Yes
View Neighborhood
Roof Type Flat
Building
Lot Description 2-5 Units/Acre
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard