Monterey Park, CA 91754,1541 College View DR

$3,710,000

$3,900,000

4.9%
Est.Price: ?

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Est. payment /mo

0.38 Acres Lot


SOLD DATE : 08/08/2018

Key Details

Sold Price $3,710,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Other - Othr

MLS Listing ID P0-818002687

Sold Date 08/08/18

HOA Y/N No

Year Built 1962

Lot Size 0.380 Acres

Property Description

12 units apartment in the prime location of Monterey Park with awarded Brightwood Schools. All units have updates kitchens, new counter tops and cabinets, and new floors. Some units have updates bathrooms. 8 units are two-level condo styles with 2 large bedrooms and 1.5 baths. 4 units are 2 bedrooms plus a den and 2 baths. Some units built with balcony. Some units have patio area. Gated parking and coin-operated laundry room on site with extra income. Each unit has storage cabinets at the parking area. Walking distance to East LA College, Metro station, shopping plaza, banks, markets and restaurants. Easy access to FWY 60 and 710. Few minutes to downtown LA, USC and California State Los Angeles University. High desirable rental area. No rent control. Current rent below market value, great potential!!!

Location

State CA

County Los Angeles

Area 641 - Monterey Park

Zoning MPR3*

Interior

Heating Wall Furnace

Flooring Laminate

Fireplace No

Appliance Range Hood, Water Heater

Exterior

Garage Attached Carport, Side By Side

Carport Spaces 18

Community Features Gated

View Y/N Yes

View Mountain(s)

Total Parking Spaces 18

Building

Lot Description Level

Story 2

Entry Level Two

Level or Stories Two

Others

Tax ID 5252028044

Security Features Gated Community,Key Card Entry

Acceptable Financing Cash, Cash to New Loan, Conventional, Submit

Listing Terms Cash, Cash to New Loan, Conventional, Submit

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Powai Wong • Coldwell Banker Residential Brokerage Company
Bought with Monica Hsu • Deasy Penner Podley
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