1251 College View Drive

Monterey Park, CA 91754

  • 15 Bed(s)
  • 0 Bath(s)
  • 8,745 Sqft
  • 15192
    Sqft(Lot)
$3,100,000

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.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    45865375

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Property Details

  • Bedroom Information

    • Total Bedrooms : 15

    Bathroom Information

    • Total Baths: 14
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Fireplace: None

    Heating Source

    • Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1959
    • Building Area Total: 8,745
    • Construction: Frame,Stucco,Wood Siding

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.3488
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 15192

  • Listing Price Information

    • Original List Price: 3,100,000
    • Listing Contract Date: 2024-04-16

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 5253033043

  • Garage and Parking

    • Garage Description: Covered,Carport

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 641 - Monterey Park
    • Postal Code Plus 4: 6126
    • Directions: Located just west of Atlantic Boulevard, between Floral Drive and Brightwood Street.
    • Zoning: MPR3YY
    • Source Property Type: Residential Income
    • Area: 641 - Monterey Park

    Building and Construction

    • Property Age: 65
    • Year Built Source: Assessor
    • Total Square Feet Living: 8745
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 11/21/2024 @ 16:54

  • MLS: 24380549
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 15 bedrooms which is for sale, it has 8,745 sqft, 15,192 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Monterey Park , in zip code 91754, this Los Angeles County Home are nearby neighborhoods.