Under Contract
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Property Details
Address
1741 College View Dr, Monterey Park, CA 91754
Price
$1,795,000
# of Units
6
Status
Under Contract
Building Size
5,746 SF
Price/Unit
$299,167
CAP Rate
4.90%
Year Built
1958
GRM
14.07
Type
Apartment
Lot Size
8,513 SF
Price/SF
$312
Property Information
Long time Owners!! First time on market since 1965!! 6 Unit Apartment in Monterey Park, CA walking distance to East Los Angeles College and Brightwood Elementary. 3 miles from Cal State LA. All units are separately metered for electric and gas. Laundry units are owned by Seller and will be included with the sale for additional income. The building was just repainted 3 months ago. Milgard windows have been installed. Very convenient location with easy access to 710 FWY and 60 FWY. Less than 2 miles from Monterey Park Golf Club and 2.5 miles away from Montebello Country Club. Many parks, restaurants, retail shops, and coffee/tea shops nearby.