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1581 College View Drive, 
Monterey Park, CA 91754

$1,550,000


Bed


Bath


4,306

Sq Ft


Multi-Family

Active

Listed by

Matt Cuong Ly

626-445-5500

Last updated:

May 17, 2025, 10:16 AM

MLS#

AR25109435

Source:

CRMLS

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About This Home

1581 College View Drive

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

Home Facts

Multi-Family

Built in 1960

Price Summary

1,550,000

$359 per Sq. Ft.

MLS #:

AR25109435

Last Updated:

May 17, 2025, 10:16 AM

Added:

2 day(s) ago


Rooms & Interior

Interior

Living Area:

4,306 Sq. Ft.


Structure

Structure

Building Area:

4,306 Sq. Ft.

Year Built:

1960


Lot

Lot Size (Sq. Ft):

8,241


Finances & Disclosures

Finances

Price:

$1,550,000

Price per Sq. Ft:

$359 per Sq. Ft.

Source:CRMLS
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). Coldwell Banker Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker Realty, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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