About This Home

This 0-bedroom, 0-bathroom multi-family at 1520 College View Drive in Monterey Park, CA is listed for $1,068,000. Built in 1968, on a 0.16 acres lot.

Key Features

  • Built in 1968
  • 0.16 acre lot
  • 2 stories
  • 3 parking spaces
  • Fireplace

Property Details

2 stories
3-car garage
1968

Amenities

FireplaceViewA/C
Listing 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!

Monthly Cost Estimate

$5,712/mo

20% down · 6.5% · 30 years

Principal$772
Interest$4,628
Insurance$312

Estimates only. Actual payments may vary.

Location

1520 College View Drive

Monterey Park, CA 91754

Features & Amenities

Interior Features

Crown MoldingCopper Plumbing PartialOpen FloorplanGranite Counters

Property Details

Flooring

TileCarpetLaminate

Views

City

Heating

Wall FurnaceCentral

Cooling

Central AirWall/Window Unit(s)Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 1520 College View Drive is listed at $1,068,000. The estimated monthly payment is $5,712 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1968, 0.16 acre lot, 2 stories, 3 parking spaces, Fireplace. Interior Features: Crown Molding, Copper Plumbing Partial, Open Floorplan.

This property is listed by RHEA BAI.

RB

RHEA BAI

License 01360246

Agent at Rhea Bai

Listed by Rhea Bai · Broker phone: (626) 589-7958 · Broker website

MLS# WS26228767· Source: California Regional Multiple Listing Service, Inc· 3 days on PropertySimple

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1520 College View Drive, Monterey Park, CA 91754

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