1170 College View Drive, Monterey Park, California 91754, Monterey Park, 91754 - 0 bed, 0 bath
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1170 College View Drive
Monterey Park, California 91754
ACTIVE UNDER CONTRACT
CONDITION: FAIR
0Beds
0Baths
3,737Sq Ft
7,952Lot Size
Property Price
LIST PRICE$1,395,000
EST. MARKET VALUE
$1,419,772
SUMMARY
This Quadruplex Residential Income Asset is a High-Potential Investment Opportunity, listed at $1,395,000—positioned well below the $1,419,773 Fair Market Value by 1.76%. This valuation gap offers $24,773 in Instant Equity. Featuring a Condition Rating of 4, the property includes three recently upgraded rental units and a spacious owner's unit with City Lights Views and a Covered Patio. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, income-generating property in a prime Monterey Park location.
Estimated Market Value
$1,419,772
Based on Realkey algorithm analyzing recent comparable sales in Monterey Park.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1964 and on the market for the first time, the property is well-maintained but dated. While the three apartment units have received recent cosmetic upgrades (quartz counters, newer vanities/floors), the owner's unit and overall building systems reflect their 60-year age and will require modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Owner-Occupant Appeal
The spacious 3-bedroom owner's unit features central AC, a private garage, and a large covered patio with a BBQ, making it an ideal opportunity for an owner-user or a high-value market-rate rental.
- Recent Interior Upgrades
The three additional rental units have been recently renovated with modern quartz countertops, new vanities, and updated flooring, minimizing immediate capital expenditure for the new owner.
- Scenic City Views
Most units benefit from elevated city light views and private balconies, significantly increasing the property's desirability and rental premium within the Monterey Park market.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Built in 1964 and held by the original owner for decades, the property may require professional inspection of aging core systems, such as plumbing and electrical, that may not have been modernized.
- Shared Facilities
The reliance on a shared laundry room and carport-heavy parking rather than private garages for all units may limit the ability to attract premium tenants seeking maximum privacy.
About 1170 College View Drive
First time on the market since built in 1964! Owner's unit PLUS three apartment units in an excellent Monterey Park location. The ONE LEVEL OWNER'S UNIT includes 3 bedrooms, 1 3/4 bath, central AC, forced air heating, built-in appliances and wood burning fireplace. Also includes a garage, 2 carport spaces and a huge covered patio with built-in BBQ grill. Live in the owner's unit or rent it out at MARKET RATE. The 3 large recently upgraded 1 bedroom 1 bath apartments include newer quartz kitchen counters, newer vanities, newer floor coverings. Each unit enjoys a balcony off the living room and one assigned carport space. Most have city lights views and beyond. Shared laundry room for the entire building. Near shopping and freeway access. DO NOT DISTURB TENANTS!!!!
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1964
- Lot Size
- 7,952 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 0.0 | 1.0 |
| Square foot | 3,737 | 2,780 |
| Lot Size | 7,952 | 8,337.6 |
| Price | $1.40M | $1.20M |
| Price per sq ft | $373 | $527 |
| Built year | 1964 | 1956 |
| HOA | $0 | $0 |
| Days on market | 34 | 78 |
Pricing History
Listed for Sale
Aug 6, 2026
$1,395,000
Initial Listing