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New

$1,068,000

6,791 sqft$157/sqft8 days on market

1520 College View Drive

Monterey Park, CA 91754

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

6,791

Square feet

1968

Built

Listing narrative

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!

Listing agent (MLS): RHEA BAI · Listing brokerage (MLS): RE/MAX Premier Properties

Property Details

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Price

$1,068,000

Beds

Beds n/a

Type

Multi-Family

Home Size

6,791 sqft

Baths

Baths n/a

Lot Size

0.16 acres

Year

1968

Status

New

Days on Market

8

$ / Sqft

$157

· 8% down, 7% APR, 30yr fixed
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Courtesy of RE/MAX Premier Properties