1700 College View Drive Monterey Park, CA $ 1,100,000
1700 College View Drive
$ 1,100,000
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1700 College View Drive

Monterey Park, CA, 91754
$ 1,100,000
Bedrooms5 Baths3.0 Sq 2,344

Monthly Estimate*

$ 7,311

Listed by KELLER WILLIAMS SIGNATURE RLTY
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Multi-Family Home for sale in Monterey Park, CA

for $1,100,000 with 5 bedrooms and 3 full baths. This 2,344 square foot home was built in 1968 on a lot size of 0.1757.

Looking for a multi-family property in sought-after Monterey Park? This is the one! It's a GOOD DEAL for investors! The property includes a 3bed/2bath main house, along with a 2bed/1bath apartment above the garage. Rent out both units to get more income, or test out the short-term rental market. The 1544 sq ft main house is a single-level rancher with a big front porch and double entry doors. The layout is great, it only needs minor cosmetic upgrades to attract tenants in 2024. Just steps away from the kitchen, you'll find a covered back patio that spans the entire length of the house. You have plenty of room for alfresco dining & entertaining, and there’s a fenced-in yard for Fido, too. The isolated primary bedroom includes access to the patio as well. BONUS: This property sits at the edge of a hill, so no back neighbors! The garage layout is unique, as it allows the owner to access 3 bays, while the tenant has a separate driveway & 1-car garage at the back. The 800-sq ft garage apartment has a private back entrance and a covered patio with tree-top views. The interior was updated in 2020, with new floors and appliances. The corner windows bring in lots of natural light, and the kitchen has tons of cabinet & counter space. The large bedrooms share the updated hallway bathroom, complete with a custom-tiled tub surround. This house lives up to its street name, as the backyard overlooks the campus of East Los Angeles College. Since the school is across the street, you will always have tenants lined up to live this close to campus. There are lots of shopping & dining options along Atlantic Ave., which is within a 15-min walk or 3-min drive. Hop on the 60 Fwy or the 710 in no time at all! Two blocks away from Brightwood elementary school. Now is the time to invest in fast-growing Monterey Park! Or you could live in one & rent out the other for extra income.

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Multi-Family Pending

Price

$ 1,100,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Lot Size

0.1757

Year Built

1968

Town/City

Monterey Park

County/Region

Los Angeles

MLS | Web ID

WS24041589

Days on Market

85

Features
General
Sewer PublicSewer
Heating WallFurnace
Cooling WallWindowUnits
Zoning MPR3*
HOA 0.0
Garage Spaces 4.0
Pool Features None
Year Built 1968
Stories 2
Levels Two
Property SubType Duplex
Gross Income 60660.0
Community Features Suburban
County Los Angeles
Net Operating Income 58395.0
Operating Expense 0.0
Insurance Expense 0.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status Pending
Directions Hillside St & College View Dr
City Monterey Park
Entry Location Ground Level
View Y/N N
Senior Community Y/N N
Total Units 2
MLS Area 641 - Monterey Park
Lot Size Square Feet 7653.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name College View
Listing Terms Cash CashtoNewLoan Conventional Item1031Exchange
Property Attached Y/N N
Land Lease Y/N N
Electric Expense 0.0
Home Warranty Y/N N
Fuel Expense 0.0
Trash Expense 0.0
Water Sewer Expense 0.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 17
Building Area Units SquareFeet
Standard Status Pending
Year Built Source Assessor
Tax Lot 107
Property Sub Type Additional Duplex
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Exterior
Lot Features BackYard
Water Source Public
Total Parking 4.0
Lot Size Area 7653.0
Number of Buildings 2
Spa N
Building Area Total 2344.0
Lot Size Acres 0.1757
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 1
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Fireplace Features None
Total Stories 2
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Drive
Laundry Features Inside
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 1700
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* Excluded Features
List By
Keller Williams Signature Rlty

Broker

(626) 964-5500

Phone

Affordability Calculator

$7,311
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,311
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/2/2024$1,100,000 Listed Price

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1700 College View Drive, Monterey Park, CA, 91754 is a Multi-Family Home for sale at $1,100,000 with 2,344 sqft and a lot size of 0.1757. 1700 College View Drive has 5 bedrooms, 3.0 baths, and was built in 1968. The property's zip code is 91754 which is in Monterey Park, CA