1520 College View Dr , Monterey Park, CA 91754
$1,068,000
Est. Payment: $5,541.62/mo
2377 Sqft
0.16 Acres
Status: active | Days on site: 1
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7465 - W71705
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House 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!

Highlights

Listed by RHEA BAI , 626-229-2200 RE/MAX Premier Properties , 626-229-2200. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.16

Year Built

1968

County

Los Angeles

Area

641 - Monterey Park

Listing ID

WS26228767

Questions about this listing?

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Interior Features

Air Cond:Central Air,Wall/Window Unit(s)
Fireplaces:Living Room
Floor:Carpet,Laminate,Tile
Other:
  • ▪ Additional:Crown Molding, Granite Counters, Open Floorplan, Entrance Foyer
Water:Public

Exterior Features

Lot:Back Yard,Front Yard,Sprinklers In Rear,Landscaped,Near Park,Paved,Rectangular Lot,Yard,No Land Lease
Garage Capacity:3
Roof:Shingle
Others:
  • ▪ Additional:Turnkey, 2+ Total Units
Sewer:Public Sewer
Principal Interest
$5,542
Taxes
$681

Home Price

$1,068,000

Loan Details

30 yrs
6.75%

Down Payment

20%
$213,600
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,541.62

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,541.62 $680.85 $0.00 $6,222.47
Yearly $66,499.47 $8,170.20 $0.00 $74,669.67
Total $1,994,983.97 $245,106.00 $0.00 $2,240,089.97

Today's Rates

30 Year

6.75%

20 Year

6.86%

15 Year

6.24%

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Market insight data is pulled from the same city as the listing being viewed (Monterey Park, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-07T21:34:20.000Z

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