1520 College View Drive Monterey Park, CA $ 1,068,000
1520 College View Drive
$ 1,068,000
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1520 College View Drive

Monterey Park, CA, 91754
$ 1,068,000
Bedrooms-- Baths0.0 Sq 2,377

Monthly Estimate*

$ 7,376

Listed by RHEA BAI, RE/MAX Premier Properties, rheasellshomes@gmail.com
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Multi-Family Home for sale in Monterey Park, CA

for $1,068,000. This 2,377 square foot home was built in 1968 on a lot size of 0.1559.

Originally custom-built in 1968 for the owner’s own family, this unique two-unit property offers thoughtfully designed floor plans, generous living spaces, and exceptional potential rarely found in a typical 2 units income property. The spacious main residence features 3 bedrooms, 2 bathrooms, and approximately 1,700 square feet of single-level living space. Highlights include an oversized living room, a functional kitchen with an additional wok kitchen area offering flexible possibilities, and a large backyard patio ideal for outdoor enjoyment. The second unit offers a well-designed 2-bedroom, 1-bathroom layout with an open kitchen and comfortable living spaces and a front patio area. Both units have separate entrances, providing added privacy and independence for each household. Additional features include three car garages, extensive concrete driveway areas with ample parking, and a dedicated laundry area. Originally designed for family use rather than as a conventional apartment building, the property offers a distinctive residential feel with practical layouts and generous space. The property has been tenant-occupied for many years, offering established rental income and an attractive opportunity for investors or buyers seeking a multi-generational living arrangement. While some features may benefit from updating, the property presents tremendous potential to enhance its value over time. Conveniently located within the Alhambra Unified School District, near schools, parks, shopping, dining, and major transportation routes, with easy access to Downtown Los Angeles and surrounding communities. Enjoy the benefits of two separate residences in one property, with the space, privacy, and flexibility of a traditional home. A wonderful opportunity with endless possibilities!

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Multi-Family Active

Price

$ 1,068,000

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1559

Year Built

1968

Town/City

Monterey Park

County/Region

Los Angeles

MLS | Web ID

WS26228767

Days on Market

5

Features
General
Sewer Public Sewer
Heating Central Wall Furnace
Cooling Central Air Wall/Window Unit(s)
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Roof Shingle
HOA Fee 0
Garage Spaces 3
Architectural Style Ranch Traditional
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Year Built 1968
View City Lights Neighborhood
Stories Count 1
Property Subtype Duplex
Gross Income 39600
Community Features Curbs Golf Street Lights Sidewalks Park
County Los Angeles
Net Operating Income 36240
Operating Expense 3360
Insurance Expense 1200
New Construction false
Property Type Residential Income
HOA false
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions I-10: Exit Atlantic N right on Floral left on College View to property on your right
City Monterey Park
Entry Location Front door
Senior Community Y/N false
Number Of Units Total 2
MLS Area 641 - Monterey Park
Lot Size Units Square Feet
Lot Size Square Feet 6789
Number of Units Leased 1
Listing Terms Cash Cash to New Loan 1031 Exchange
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Property Condition Turnkey
Trash Expense 960
Water Sewer Expense 2400
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 118
Total Actual Rent 2025
Property Sub Type Additional Duplex
Expected Active Date 2026-10-29
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Interior
Interior Amenities Crown Molding Granite Counters Open Floorplan Entrance Foyer
Flooring Carpet Laminate Tile
Fireplace Features Living Room
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Laundry Features Laundry Room Outside
Entry Level 1
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Exterior
Fencing Brick Wrought Iron
Lot Features Back Yard Front Yard Sprinklers In Rear Landscaped Near Park Paved Rectangular Lot Yard
Water Source Public
Total Parking 3
Lot Size Area 6789
Foundation Details Raised Slab
Number of Buildings 2
Spa false
Building Area Total 2377
Lot Size Acres 0.1559
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Door Features Panel Doors Sliding Doors
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Road Frontage Type City Street
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* Excluded Features
List By
RHEA BAI

Listing Agent

Re/Max Premier Properties

Broker

rheasellshomes@gmail.com

Email

Affordability Calculator

$7,376
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Monthly Principal & Interest
$7,376
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Default based on a 30-year fixed rate of 7.375% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/28/2026$1,068,000 Listed Price

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1520 College View Drive, Monterey Park, CA, 91754 is a Multi-Family Home for sale at $1,068,000 with 2,377 sqft and a lot size of 0.1559. 1520 College View Drive has 0.0 baths and was built in 1968. The property's zip code is 91754 which is in Monterey Park, CA