Excellent positioning, spacious bedrooms within a serene complex. Every unit comprises two bedrooms, a bath, and features a sizable patio or balcony. There are no rent restrictions on this property, and all occupants are up-to-date with their rent payments. Recent upgrades include plumbing and sewer line enhancements, along with a new water heater. Several units have undergone renovations. Conveniently located within walking distance of East LA College, near markets, Starbucks, Chipotle, and various dining options. A mere 15-minute commute to Downtown LA adds to its appeal. The property generates a substantial income with room for further growth. It's effortlessly manageable, offering ease in maintenance.
Sold for $1,668,000
Listed by: Gotham Elite Properties • RICHARD CHOW • Contact: 562-746-1932
Bought with: Re/Max Champions/WC
$1,668,000
1070 College View Dr, Monterey Park, CA 91754
12beds
--baths
5,308sqft
Multi Family
Built in 1959
-- sqft lot
$1,555,200 Zestimate®
$314/sqft
$2,640 Estimated rent
Home value
$1,555,200
$1.37M - $1.79M
$2,640/mo
Zestimate® history
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Sizable patioSpacious bedrooms
Zillow last checked:
Listing updated:
Listed by:
RICHARD CHOW DRE #01934980 562-746-1932,
Gotham Elite Properties
Bought with:
CATHY CUI, DRE #02053410
Re/Max Champions/WC
Source: CRMLS,MLS#: WS23214409
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
Appliances
- Laundry: Common Area, Electric Dryer Hookup, Gas Dryer Hookup
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 5,308
- Total interior livable area: 5,308 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage
- Garage spaces: 6
Features
- Levels: Two
- Stories: 2
- Entry location: front
- Pool features: None
Lot
- Size: 8,019 Square Feet
- Features: 6-10 Units/Acre
Details
- Parcel number: 5253012025
- Zoning: MPR3*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Monterey Park
Financial & listing details
- Price per square foot: $314/sqft
- Date on market: 11/20/2023
- Cumulative days on market: 56 days
- Listing terms: 1031 Exchange
- Total actual rent: 6
- Tenant pays: Cable TV, Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 3/1/2024 | Sold | $1,668,000-12.2%$314/sqft |
Source:  CRMLS #WS23214409 Report a problem | ||
| 1/18/2024 | Contingent | $1,899,000$358/sqft |
Source: CRMLS #WS23214409 Report a problem | ||
| 1/1/2024 | Price change | $1,899,000-1.5%$358/sqft |
Source: CRMLS #WS23214409 Report a problem | ||
| 12/14/2023 | Price change | $1,928,000-1%$363/sqft |
Source: CRMLS #WS23214409 Report a problem | ||
| 12/4/2023 | Price change | $1,948,000-1%$367/sqft |
Source: CRMLS #WS23214409 Report a problem | ||
| 12/1/2023 | Price change | $1,968,000-3.9%$371/sqft |
Source: CRMLS #WS23214409 Report a problem | ||
| 11/24/2023 | Price change | $2,048,000-2.4%$386/sqft |
Source: CRMLS #WS23214409 Report a problem | ||
| 11/20/2023 | Listed for sale | $2,098,000$395/sqft |
Source: CRMLS #WS23214409 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 91754
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Nearby schools
GreatSchools rating
- 9/10Brightwood Elementary SchoolGrades: K-8Distance: 0.6 mi
- 9/10Mark Keppel High SchoolGrades: 9-12Distance: 2.7 mi
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Estimated market value
$1,555,200
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Estimated market value
$1,555,200
- California
- Los Angeles County
- Monterey Park
- 91754
- 1070 College View Dr
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