CA > Monterey Park
Monterey Park, CA 91754,1251 College View Dr
Monterey Park, CA 91754,1251 College View Dr
Monterey Park, CA 91754,1251 College View Dr
9
See all 9 photos
$3,100,000
Est. payment /mo
Save
15 BD
14 BA
8,745 SqFt
Active

1251 College View Dr Monterey Park, CA 91754

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Travis Scholl

Travis Scholl

+1(702) 232-5376

UPDATED:

08/28/2024 06:08 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,745 sqft

Price per Sqft $354

MLS Listing ID 24-380549

Bedrooms 15

Year Built 1959

Lot Size 0.349 Acres

Acres 0.3488

Property Description

Constructed in 1959 on a 15,192 square foot double lot, 1251 College View Drive is a two-story, 13-unit property with a total building size of 8,745 square feet. The property is separately metered for gas and electric, is serviced by a central water heater, and offers a gated pool, an on-site laundry facility, and covered and carport parking with storage bins. 1251 College View Drive boasts a strong unit mix of one bachelor/one-bathroom unit, ten one-bedroom/one-bathroom units, one two-bedroom/one-bathroom unit, and one two-bedroom/two-bathroom unit. The units offer wall units for cooling. With current rents approximately 27% below market, a new owner is presented with the opportunity to increase rents to market upon vacancy or further increase rental income with complete unit renovations. There are no local rent control restrictions, but the property is subject to AB 1482. The property offers easy access to the 10, 60, and 710 freeways, providing ease of access to neighboring cities as well as Downtown Los Angeles, located less than 8 miles away. 1251 College View Drive is walking distance to East Los Angeles College (ELAC), which has a 2023 enrollment of 33,397 students.

Location

State CA

County Los Angeles

Area Monterey Park

Zoning MPR3YY

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall Unit(s)

Fireplaces Type None

Equipment Other

Laundry Community

Exterior

Garage Carport, Covered Parking

Garage Spaces 12.0

Pool None

Waterfront Description None

Roof Type Flat

Building

Story 2

Level or Stories Two

Structure Type Frame, Stucco, Wood Siding

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by CB Richard Ellis, Inc.

GET MORE INFORMATION

Travis Scholl

Agent | RE.S.0069556

+1(702) 232-5376

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

1251 College View Dr