1520 College View Drive, Monterey Park, CA 91754

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List Price
$1,068,000
Status
COMING SOON
MLS#
WS26228767
Year Built
1968
Lot Size
6,789
Acres
0.16
Lot Location
Back Yard, Front Yard, Sprinklers In Rear, Landscaped, Near Park, Paved, Rectangular Lot, Yard
Days on Market
0
Property Type
Multifamily
Style
Ranch, Traditional
Property Sub Type
Duplex

Property Description

Originally custom-built in 1968 for the owner’s own family, this unique two-unit property offers thoughtfully designed floor plans, generous living spaces, and exceptional potential rarely found in a typical 2 units income property. The spacious main residence features 3 bedrooms, 2 bathrooms, and approximately 1,700 square feet of single-level living space. Highlights include an oversized living room, a functional kitchen with an additional wok kitchen area offering flexible possibilities, and a large backyard patio ideal for outdoor enjoyment. The second unit offers a well-designed 2-bedroom, 1-bathroom layout with an open kitchen and comfortable living spaces and a front patio area. Both units have separate entrances, providing added privacy and independence for each household. Additional features include three car garages, extensive concrete driveway areas with ample parking, and a dedicated laundry area. Originally designed for family use rather than as a conventional apartment building, the property offers a distinctive residential feel with practical layouts and generous space. The property has been tenant-occupied for many years, offering established rental income and an attractive opportunity for investors or buyers seeking a multi-generational living arrangement. While some features may benefit from updating, the property presents tremendous potential to enhance its value over time. Conveniently located within the Alhambra Unified School District, near schools, parks, shopping, dining, and major transportation routes, with easy access to Downtown Los Angeles and surrounding communities. Enjoy the benefits of two separate residences in one property, with the space, privacy, and flexibility of a traditional home. A wonderful opportunity with endless possibilities!

Additional Information

Pool Description
None
Fireplace Description
Living Room
Heat
Central, Wall Furnace
Cooling
Yes
Cooling Description
Central Air, Wall/Window Unit(s)
View
City Lights, Neighborhood
Roof
Shingle
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Interior Features
Crown Molding, Granite Counters, Open Floorplan, Entrance Foyer
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$39,600
Operating Expense
3360

Listing courtesy of Listing Agent: RHEA BAI (rheasellshomes@gmail.com) from Listing Office: RE/MAX Premier Properties.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.