$1,550,000

1581 College View Dr Monterey Park, CA 91754

$10,000
Closing credit¹
0.2 acres
Condo

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

Home typeCondominium
HeatingWall Furnace
StatusActive
CoolingWall/Window Unit(s)
Lot size0.1892 Acres
Year built1960
ParkingAssigned
MLS #AR25109435
ViewNeighborhood

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

IDX 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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townhome / multi-family property with stucco siding, a carport, stone siding, and concrete driveway

$1,550,000

1581 College View Dr

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
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

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

37%
<35k
51%
35k-100k
6%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

40%
Single, No Kids
13%
Single, with Kids
24%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
8%
12-17 yrs old
26%
18-34 yrs old
39%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • Foot LockerFoot Locker
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • PopeyesPopeyes
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • HondaHonda
  • NissanNissan
  • DodgeDodge

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
  • NewsNews
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

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