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1251 College View Dr
Monterey Park, CA 91754
Desirable Monterey Park Location | 13 Units · Multifamily Property For Sale
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13 Units
Investment Highlights
- Desirable Monterey Park Location; Walk Score of 81
- Proximate to East LA College with approximately ±30,321 Students Enrolled
- ±8,745 SF Building Size on ±15,192 SF Lot
- Minutes from Atlantic Times Square (a ±230,000 square foot mixed-use complex built-in 2012)
- Strong Unit Mix of 1 (Bachelor/1B), 10 (1B+1B's), 1 (2B+1B), and 1 (2B+2B)
- Current Rents ±25% Under Market; Subject Only to AB 1482, No Local Rent Control Restrictions
Property Facts
| No. Units | 13 | Building Size | 8,745 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1959 |
| Building Class | C | Parking Ratio | 1.37/1,000 SF |
| Lot Size | 0.35 AC | ||
| Zoning | RM - Buyer to Verify Zoning & Density | ||
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 8,745 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 1.37/1,000 SF |
| Zoning | RM - Buyer to Verify Zoning & Density |
Amenities
Site Amenities
- Laundry Facilities
- Pool
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $995.00 | 420 |
| 1+1 | 10 | $1,553 | 650 |
| 2+1 | 1 | $1,620 | 900 |
| 2+2 | 1 | $1,728 | 925 |
Property Taxes
| Parcel Number | 5253-033-043 | Improvements Assessment | $658,449 |
| Land Assessment | $987,682 | Total Assessment | $1,646,131 |
Property Taxes
Parcel Number
5253-033-043
Land Assessment
$987,682
Improvements Assessment
$658,449
Total Assessment
$1,646,131
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