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13-Unit Apartment Building with Pool
For Sale
$2,265,745

1251 College View Drive, Monterey Park, CA 91754

Two-story multifamily property with gated pool, on-site laundry, covered parking, and a varied unit mix.

Property Size15,192 SF
Lot Size0.35 Acres
Price / SF$149.14
Days on Market92

Property Features for 1251 College View Drive

General Information

Standard status Active
Size 15,192 SF
Lot size 0.35 Acres
Property subtype Multifamily

Units

Unit Mix 1 x bachelor/1BA, 10 x 1BR/1BA, 1 x 2BR/1BA, 1 x 2BR/2BA
Multifamily Units 13

Additional Details

Utilities to Site Yes

Amenities

gated pool
on-site laundry
covered parking
carport parking
storage bins

Building Details

Year Built 1959
Stories 2
Listing Agency:
Listed By: Priscilla Nee · License #01435254
Source: Cbre
Added: Jun 2 Changed: Aug 30 Last Checked: Aug 31 at 2:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Priscilla Nee

Investment Insights

Based on property information with market context.

1251 College View Drive is a two-story apartment property built in 1959, comprising 13 units within approximately 8,745 square feet on an approximately 15,192-square-foot double lot. The unit mix includes one bachelor/one-bathroom unit, ten one-bedroom/one-bathroom units, one two-bedroom/one-bathroom unit, and one two-bedroom/two-bathroom unit. Wall units provide heating and cooling, while gas and electric service are separately metered.

Property amenities include a gated pool, on-site laundry, and covered and carport parking with storage bins. A central water heater serves the building. The property is located in Monterey Park, just west of Atlantic Boulevard and between Floral Drive and Brightwood Street.

Key Highlights

  • 13‑unit, two‑story apartment property built in 1959
  • Approximately 8,745 square feet on an approximately 15,192‑square‑foot double lot
  • Unit mix includes 1 bachelor, 10 one‑bedroom, and 2 two‑bedroom units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Food Market Grocery & Convenience Store Hotel & Motel Furniture & Home Goods (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

13
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,130
Businesses Nearby

Demographics for 91754, CA

33,300
Population
12,754
Households
2.6
Avg Household Size
44
Median Age
38%
College-Educated
82%
High-School Grad
4.5 sq mi
ZIP Area
7,400
Density / Sq Mi
$81,890
Median Household Income
$46,992
Median Earnings
$1,884
Median Rent
$845,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-story multifamily property with gated pool, on-site laundry, covered parking, and a varied unit mix.
Where is this apartment building located?
The property is located at 1251 College View Drive Monterey Park, CA.
What is the asking price?
The asking price for this property is $2,265,745.
What are key features of this property?
This property features: 13‑unit, two‑story apartment property built in 1959; Approximately 8,745 square feet on an approximately 15,192‑square‑foot double lot; Unit mix includes 1 bachelor, 10 one‑bedroom, and 2 two‑bedroom units
More about this property
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