Properties

Monterey Park, CA 91754 1700 College View Drive

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Presented By: RAYMOND TSAI with KELLER WILLIAMS SIGNATURE RLTY; 626-214-6780
  • MLS# WS24041589
  • 03/01/2024
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  • Beds • 5
  • Baths • 3
  • SQFT • 2,344
  • Garage • 4

Home Details

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 thereโ€™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.
Presented By: RAYMOND TSAI with KELLER WILLIAMS SIGNATURE RLTY; 626-214-6780

Interior Features for 1700 College View Drive

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesInside
Street SuffixDrive
Total Stories2

Other Rooms

Entry Level1

General for 1700 College View Drive

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityMonterey Park
Community FeaturesSuburban
CoolingWallWindowUnits
CountyLos Angeles
Days on Market17
DirectionsHillside St & College View Dr
Electric Expense0.0
Entry LocationGround Level
Fuel Expense0.0
Garage Spaces4.0
Garage Y/NYes
Gross Income60660.0
HOA0.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashtoNewLoan, Conventional, Item1031Exchange
Lot Size Square Feet7653.0
MLS Area641 - Monterey Park
MobileHomeRemainsYNNo
Net Operating Income58395.0
New ConstructionNo
Operating Expense0.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubTypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories2
Street NameCollege View
Tax Lot107
Total Units2
Trash Expense0.0
View Y/NNo
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1968
Year Built SourceAssessor
ZoningMPR3*

Exterior for 1700 College View Drive

Building Area Total2344.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesBackYard
Lot Size Acres0.1757
Lot Size Area7653.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters1
Number of Separate Gas Meters1
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking4.0
Water SourcePublic

Additional Details

Price History

Connect Realty

Price $1,100,000
MLS#WS24041589
List Date 03/01/2024
Property Type Pending
Phone 888.795.6274
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