1581 College View Drive, Monterey Park, CA 91754

Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
1581 College View Drive,Monterey Park, CA 91754
$1,499,000
  • 10 Beds
  • 5 Baths
  • 4,306 sq. ft.
  • Multi-family
  • Active
Listed by:tim steuernol
Office:nai capital commercial inc.
MLS#:25602295
Source:CRMLS

Price summary

  • Price:$1,499,000
  • Price per sq. ft.:$348.12

About this home

Located at 1581 College View Drive in Monterey Park, CA, this well maintained 5-unit multifamily building was constructed in 1960, spans4,306 square feet, and sits on an 8,238-square-foot lot zoned MPR3YY.The property offers a desirable unit mix of (5) 2-bedroom, 1-bath units. Each unit is individually metered for gas and electricity, while water and sewer are master-metered. On-site amenities include a laundry facility, providing added convenience for tenants. Electrical at the property was recently updated and it is set up to add charging stations for electric vehicles. Additionally, the roof was just replaced. Plumbing has been updated to copper over time throughout most of the building. The property offers 5 tuck-under parking spaces. This apartment building presents a solid investment opportunity with stable income with approximately 20%upside in rents, in a sought-after Monterey Park location near schools, shopping, and major transportation routes. The property is subject to

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Home facts

  • Year built:1960
  • Listing ID #:25602295
  • Added:1 day(s) ago
  • Updated:October 07, 2025 at 06:29 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:5
  • Living area:4,306 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Roof:Bitumen
  • Year built:1960
  • Building area:4,306 sq. ft.
  • Lot area:0.19 Acres

Utilities

  • Water:Public

Finances and disclosures

  • Price:$1,499,000
  • Price per sq. ft.:$348.12
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