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1140 College View Dr
Monterey Park, CA 91754
Multifamily Property For Sale
·
5 Units
Investment Highlights
- First time on market since 1988
- Newer Roof ( replaced 6 year ago) and copper plumbing on the main pipe and in selected units
- Minutes from East Los Angeles College, Retail shops, and DTLA
- Long Term tenant with 38 %upside on market rent
- 100 % Rent collection during COVID
- Individually metered for gas and electric
Property Facts
| No. Units | 5 | Building Size | 4,570 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1958 |
| Building Class | C | Parking Ratio | 2.19/1,000 SF |
| Lot Size | 0.18 AC | ||
| Zoning | MULTI-FAMILY | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 4,570 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 2.19/1,000 SF |
| Zoning | MULTI-FAMILY |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | $1,050 | 880 |
| 2+1 | 2 | $1,350 | 965 |
Property Taxes
| Parcel Number | 5253-013-026 | Improvements Assessment | $636,724 |
| Land Assessment | $774,681 | Total Assessment | $1,411,405 |
Property Taxes
Parcel Number
5253-013-026
Land Assessment
$774,681
Improvements Assessment
$636,724
Total Assessment
$1,411,405
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