1581 College View Dr Monterey Park, CA 91754
Property details
About 1581 College View Dr
This rare 5-unit apartment building in Monterey Park, built in 1960 with 4,306 sq. ft. on an 8,238 sq. ft. lot, hits the market for the first time in 20 years, offering strong existing rents and immense investment potential. Each of the five 2-bedroom, 1-bathroom units includes a private balcony or patio, with individual gas and electric meters for easy management. The property features 5 tuck-under and 5 tandem parking spaces, ensuring ample parking for tenants. Ideally located within walking distance to East Los Angeles College and Brightwood Elementary, it provides convenient access to the 710 and 60 freeways, Downtown LA, and numerous restaurants and retail options. Don’t miss this unique opportunity to own a well-maintained property in a thriving rental market
Highlights
Summary
- Appliances: Gas Range
- Flooring Type: Laminate
- Fireplace: None
- Private Pool: No
- Parking: Assigned
- View: Neighborhood
- Heating: Wall Furnace
- Cooling: Wall/Window Unit(s)
- List Price: $1,550,000
- Annual Tax Amount: $17,589
- Tax Year: 2024
- Directions: College View Dr. & Valley Vista Dr.
- Year Built: 1960
- Stories: 2
- Lot Size: 0.1892 Acres
- MLS Number: AR25109435
- MLS Name: CRMLS
- Office Name: Coldwell Banker Realty
- Office Email: matt.ly@cbcnrt.com
- Listing Agent: Matt Cuong Ly
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/20/2025, 9:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,550,000
1581 College View Dr
$10,000
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jul 25, 2005 | Home Sold | $943,000 |
Apr 08, 2004 | Home Sold | $750,000 |
Mar 29, 2002 | Home Sold | $363,000 |
Sep 30, 1994 | Home Sold | $359,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,263,883 | $17,589 |
2023 | $1,239,111 | $17,247 |
2022 | $1,214,825 | $16,461 |
2021 | $1,191,015 | $16,262 |
2020 | $1,178,328 | $15,703 |
2019 | $1,155,225 | $15,723 |
2018 | $1,132,575 | $15,527 |
2017 | $1,110,369 | $15,527 |
History based on county public records data.
Nearby schools
6
Robert Hill Lane Elementary School
Public District KG-6
0.3 mi
•1500 Avenida Cesar Chavez
3
Kipp Iluminar Academy
Public Charter KG-4
0.6 mi
•4800 E Cesar Chavez Ave
6
Morris K. Hamasaki Elementary
Public District PK-6
0.7 mi
•4865 E 1st St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $43,714. Most Monterey Park, CA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
Frequently asked questions
About 1581 College View Dr
The listing price of 1581 College View Dr property is $1,550,000.
The property 1581 College View Dr is a condo located in Monterey Park, California, 91754.
Active Listing: 1581 College View Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1581 College View Dr are: Robert Hill Lane Elementary School (GreatSchools Rating 6/10), Kipp Iluminar Academy (GreatSchools Rating 3/10), Morris K. Hamasaki Elementary (GreatSchools Rating 6/10), Brightwood Elementary School (GreatSchools Rating 9/10), Kipp Sol Academy (GreatSchools Rating 5/10), Brooklyn Avenue School (GreatSchools Rating 6/10), Monterey Continuation (GreatSchools Rating 2/10), Hilda L. Solis College Prep High School (GreatSchools Rating 3/10), Ednovate - Esperanza College Preparatory (GreatSchools Rating 9/10).
According to the records, the last property tax for 2024 is $17,589 (source: MLS/based on county public records data).
The last sale was on July 25, 2005 for $943,000 (source: MLS/tax record).
The property at 1581 College View Dr has 0 bathroom.
The year of construction for 1581 College View Dr is 1960.
This home is located at 1581 College View Dr in Monterey Park, CA and zip code 91754 in the The San Gabriel Valley neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 16, 2025 and is currently priced at $1,550,000.
Over 10 listings were sold over their listed price in April 2025 in Monterey Park, CA. In the same period over 10 listings were sold below the listed price and 3 listings were sold for the listed price. The number of listings in Monterey Park, CA increased by 9.9% between March and April 2025. The median list price of listings available in April 2025 was $928,000, while the average time on the real estate market was 32 days.