1179 College View Drive
Monterey Park, CA 91754

We are pleased to present a 5-unit apartment building located in Monterey Park, California, only one block walking distance to East Los AngelesCollege. East Los Angeles College is a public community college and has one of the largest student body campus by enrollment in the state ofCalifornia. The property will be delivered 100% vacant allowing an investor the freedom to renovate and immediately obtain market rate rents.The unit mix is all 2 bedroom and 1 bathroom, with large units.The building is located on a corner, which allows for plenty of sunlight to all the units. In addition, the top units have outdoor balconies, and thebottom two units each have an outdoor patio area. Projected proforma rents are around $2,150 per unit, however with amenities such asoutdoor patios and balconies its possible that a higher market rents can be achieved depending on quality of interior renovations. The propertyhas onsite tuck under parking for 5-spaces.