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1581 College View Dr
Monterey Park, CA 91754
Multifamily Property For Sale
·
5 Units
Investment Highlights
- Long-Term ± 20-year Ownership
- Recently updated Electrical and new Roof installed
- Perfect 1031 Exchange Opportunity
- Excellent Unit Mix of 100% 2+1 Units with approximately 20% Upside in Rents
- Spacious lot with select units that open up to private yards
- Well maintained hillside property overlooking East LA Community College and Monterey Park
Property Facts
| No. Units | 5 | Building Size | 4,306 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Building Class | C | Parking Ratio | 2.32/1,000 SF |
| Lot Size | 0.19 AC | ||
| Zoning | R3, Monterey Park - high density multiple-family residential district | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 4,306 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 2.32/1,000 SF |
| Zoning | R3, Monterey Park - high density multiple-family residential district |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 5 | $2,317 | 850 |
Property Taxes
| Parcel Number | 5252-028-029 | Improvements Assessment | $441,396 |
| Land Assessment | $847,274 | Total Assessment | $1,288,670 |
Property Taxes
Parcel Number
5252-028-029
Land Assessment
$847,274
Improvements Assessment
$441,396
Total Assessment
$1,288,670
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