1761 College View Drive

    Monterey Park, CA 91754
    • $1,500,000
    • STATUS: CONTINGENT
    • ON SITE: 146 days
    • ID#: 302334947
    Under Contract
    UPDATED: 31 min ago
    $1,500,000
    • 3
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    Description

    The College View Apartments, a 5 unit apartment building located in the beautiful city of Monterey Park, CA, boasts large 1 and 2 bedroom units. Some amenities include an on-site laundry facility, carport parking, quartz countertops, vinyl wood flooring, and stainless steel sinks. The College View Apartments offers an investor the opportunity to purchase an income producing asset with approximately 12% upside just walking distance from East Los Angeles College, restaurants and shops. The College View Apartments, a 5 unit apartment building located in the beautiful city of Monterey Park, CA, boasts large 1 and 2 bedroom units. Some amenities include an on-site laundry facility, carport parking, quartz countertops, vinyl wood flooring, and stainless steel sinks. The College View Apartments offers an investor the opportunity to purchase an income producing asset with approximately 12% upside just walking distance from East Los Angeles College, restaurants and shops.

    Monthly Payment Calculator

    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.triolorealty.com/homes/102066630

    1761 College View Drive Monterey Park, CA 91754

    • Price: $1,500,000
    • Status: CONTINGENT
    • Updated: 31 min ago
    • ID#: 302334947
    3
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    1962
    Built
    Neighborhood:
    Monterey Park (91754)
    County:
    Los Angeles
    Area:
    Monterey Park (91754)
    Property Description
    The College View Apartments, a 5 unit apartment building located in the beautiful city of Monterey Park, CA, boasts large 1 and 2 bedroom units. Some amenities include an on-site laundry facility, carport parking, quartz countertops, vinyl wood flooring, and stainless steel sinks. The College View Apartments offers an investor the opportunity to purchase an income producing asset with approximately 12% upside just walking distance from East Los Angeles College, restaurants and shops. The College View Apartments, a 5 unit apartment building located in the beautiful city of Monterey Park, CA, boasts large 1 and 2 bedroom units. Some amenities include an on-site laundry facility, carport parking, quartz countertops, vinyl wood flooring, and stainless steel sinks. The College View Apartments offers an investor the opportunity to purchase an income producing asset with approximately 12% upside just walking distance from East Los Angeles College, restaurants and shops.
    Exterior Features

    Pool N/K

    Interior Features

    Total Baths Unit1 1 Total Baths Unit2 2

    Property Features

    Actual Cap Rate 3.7 Annual Expense Actual 32533 Buildings 1 Gross Rent Multiplier Actual 16.56 Gross Scheduled Income Actual 90600 Terms CashExchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 1443.0 Unit2 Rent Actual 1750.0 Water Meter On Property Zoning Mpr3yy

    Listing provided courtesy of Triqor Group. Listing information © 2020 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
    Keller Williams - Triolo Realty Group
    12780 High Bluff Drive, Suite 130
    San Diego CA, 92130