$1,550,000
Off Market

1581 College View Drive

Monterey Park, CA 91754
0.19 acres | #AR25109435
Listing OfficeColdwell Banker Realty
Type:Multi-Family
Structure:House
Zone:Residential

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

SparrowLily Realty, Inc.Real Estate Group
OR