Monterey Park, CA 91754,1180 College View Drive
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Monterey Park, CA 91754,1180 College View Drive
Monterey Park, CA 91754,1180 College View Drive
Monterey Park, CA 91754,1180 College View Drive
Monterey Park, CA 91754,1180 College View Drive

$1,450,000

Est. payment /mo

$1,489,000

2.6%
Est.Price: ?

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1180 College View Drive Monterey Park, CA 91754

9 Beds

SOLD DATE : 07/05/2023

Key Details

Sold Price $1,450,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID WS23038143

Bedrooms 9

Property Sub-Type Res Income 2-4 Units

Property Description

All leases are month to month and rents can be increased right after close. Excellent investment opportunity! Monterey Park City prime and high demanded rental area, 3800 SQFT buildings on a 7864 SQFT lot, total four very spacious and bright units. Ideal for living in one and collect rents on others. The front detached one-story single house has 3 bedrooms and 1.75 bathrooms with a private backyard ($1,800/month). The back two-story building has three 2 bedrooms 1 bathroom units ($1,330/month, $1,380/month, and $1,200/month), each one has a private balcony and shared big front patios. Six carport plus tandem total ten parking spaces, on-site laundry, separated electric and gas meters. Well maintained and very easy to manage. The rents are noticeably below market, offer investors over 37% upside potential. Flyer is attached in the supplements section. Very close to Brightwood Elementary School, Sunnyslopes Park, and East Los Angeles College; belonging to the famous Mark Keppel High School; just minutes away from Freeway 60, 710, and 10; only 5 miles away from Downtown Los Angeles. Walking distance to Atlantic Blvd commercial corridor, which has groceries, pharmacy stores, banks, restaurants, various shops, public transportations, and much more. Drive by only, do not disturb tenants, they dont know the sale.

Location

State CA

County Los Angeles

Zoning Public Rec

Exterior

View Y/N No

Others

Acceptable Financing Cash

Listing Terms Cash

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MLS Router / San Diego MLS
Listed by DORESA WANG Palm International Real Estate Inc.
Bought with DORESA WANG Palm International Real Estate Inc.
Candi DeMoura

Candi DeMoura

Realtor | License ID: 01930846

+1(858) 900-1333

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