1581 College View Drive, Monterey Park, CA 91754 - Berkshire Hathaway HomeServices California Properties

1581 College View Drive, Monterey Park, CA 91754

$1,550,000 Approx. USD 0 beds, 0 baths

Listing Agent


Matt Cuong Ly | matt.ly@cbcnrt.com
Lic#: 01441481
Broker: Courtesy of Coldwell Banker Realty

Agent Remarks

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

Listing Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# AR25109435
Price: $1,550,000
HOA Fee is $0.00
Beds: 0
Baths: 0
None fireplaces
Built in 1960
2 stories
0.19 acres
Lot size: 0.1892
County: Los Angeles
Zoning: MPR3YY
Appliances: Gas Range
Parking description: Assigned
Lot description: TwoToFiveUnitsAcre
Heating/cooling: Wall/Window Unit(s)
Heating description: Wall Furnace
MLS area: 641 - Monterey Park

Last Updated: 5/16/2025

 Days On Market (DOM): 35

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This listing belongs to the 641 - Monterey Park MLS area

Lat/Long: 34.044439, -118.151294.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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