SOLD 03/01/2024
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Commercial sold for $1,668,000 in 103 days
1070 College View Dr Monterey Park, CA, 91754
Off the market Other
Excellent positioning, spacious bedrooms within a serene complex. Every unit comprises two bedrooms, a bath, and features a sizable patio or balcony. There are no rent restrictions on this property, and all occupants are up-to-date with their rent payments. Recent upgrades include plumbing and sewer line enhancements, along with a new water heater. Several units have undergone renovations. Conveniently located within walking distance of East LA College, near markets, Starbucks, Chipotle, and various dining options. A mere 15-minute commute to Downtown LA adds to its appeal. The property generates a substantial income with room for further growth. It's effortlessly manageable, offering ease in maintenance.
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Property details
5,308 sqft interior area
Land area
8,019 sqft (0.18 acres)
Address
1070 College View Dr, Monterey Park, CA, 91754
City of California
Monterey Park
County
Los Angeles
Previous price
$1,928,000
Year Built
1959
District
Listing
Nearby major retailers
Costco
Lowe's
Walmart Supercenter
BMW
Albertsons
Aldi
Wholesale: 3
Do it yourself: 1
Supermarket: 5
Car: 1
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Listed by
Richard Chow, Gotham Elite Properties
Name
Richard Chow
License number
01934980
Brokerage company
Gotham Elite Properties
MLS #
CRWS23214409
Buyer agent
Name
Hai Cui
Brokerage company
Re/Max Champions/WC
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Calculate your monthly payments
Mortgage
$5,122
Taxes
$0
HOA dues
$0
Mortgage
$333,600 / 20%
2.28%
30 years
Your amount
$5,122 / month
Lot details
TMK #5253012025
Parcel nr.
5253012025
91754 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 91754
40%
Families with children
National average: 39%
23%
Non family households
502,571
Population
$68,514
Average Income
Age & gender
Median age 37 years
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Commute types
87% commute by car
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Education level
31% have not graduated education
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Number of employees
2% work in education and healthcare
More info
Vehicles available
35% have 2 vehicle
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Vehicles by gender
35% have 2 vehicle
More info
Housing market insights for
$849.7k
Neighborhood average
sales price*
sales price*
$800k
Neighborhood median
sales price*
sales price*
427
Number
of sales*
of sales*
Housing type
58% are single detacheds
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Rooms
49% of the houses have 4 or 5 rooms
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Bedrooms
68% have 2 or 3 bedrooms
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Owners vs Renters
55% are renters
More info
15.83 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Mar 1, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Mar 1, 2024 | Sold | $1,668,000 | 0 | Public Record |
| Mar 1, 2024 | Price Decrease | $1,668,000 -12.16% | 0 | MLS #CRWS23214409 |
| Jan 18, 2024 | Under contract | $1,899,000 | 0 | MLS #CRWS23214409 |
| Jan 1, 2024 | Price Decrease | $1,899,000 -1.5% | 0 | MLS #CRWS23214409 |
| Dec 14, 2023 | Price Decrease | $1,928,000 -1.03% | 0 | MLS #CRWS23214409 |
| Dec 4, 2023 | Price Decrease | $1,948,000 -1.02% | 0 | MLS #CRWS23214409 |
| Dec 1, 2023 | Price Decrease | $1,968,000 -3.91% | 0 | MLS #CRWS23214409 |
| Nov 24, 2023 | Price Decrease | $2,048,000 -2.38% | 0 | MLS #CRWS23214409 |
| Nov 20, 2023 | New Listing | $2,098,000 | 0 | MLS #CRWS23214409 |
Taxes of 1070 College View Dr, Monterey Park, CA, 91754
MPR3 zoning / MLS #CRWS23214409
Zoning
MPR3
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Frequently Asked Questions about 1070 College View Dr
What is 1070 College View Dr?
1070 College View Dr is a Commercial/Industrial propertywith 5,308 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
1070 College View Dr, Monterey Park, CA, 91754.
What comparable properties are nearby?
Comparable nearby commercial properties include 812 S Atlantic Blvd, 601 Monterey Pass Rd, 5332 Beverly Blvd, 3511 W Beverly Blvd, 4537 E Cesar E Chavez Ave, 2603 W Beverly Blvd.
Based on information from the bridgeMLS as of 05-13-2024. 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. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Mar 03, 2024
Verhouse Last checked 2 minutes ago
The closest grocery stores are Smart & Final, 1.29 miles away and 99 Ranch Market-Monterey Park, 1.68 miles away.
The 91754 zip area has a population of 502,571, and 40% of the families have children. The median age is 37.89 years and 87% commute by car. The most popular housing type is "single detached" and 55% is renter.
