Constructed in 1959 on a 15,192 square foot double lot, 1251 College View Drive is a two-story, 13-unit property with a total building size of 8,745 square feet. The property is separately metered for gas and electric, is serviced by a central water heater, and offers a gated pool, an on-site laundry facility, and covered and carport parking with storage bins. 1251 College View Drive boasts a strong unit mix of one bachelor/one-bathroom unit, ten one-bedroom/one-bathroom units, one two-bedroom/one-bathroom unit, and one two-bedroom/two-bathroom unit. The units offer wall units for cooling. With current rents approximately 26% below market, a new owner is presented with the opportunity to increase rents to market upon vacancy or further increase rental income with complete unit renovations. There are no local rent control restrictions, but the property is subject to AB 1482. The property offers easy access to the 10, 60, and 710 freeways, providing ease of access to neighboring cities as well as Downtown Los Angeles, located less than 8 miles away. 1251 College View Drive is walking distance to East Los Angeles College (ELAC), which has a 2023 enrollment of 33,397 students.
Property Details
Property Features
Property Information:
Year Built: 1959
Stories: 2
Living Area: 8,745 SqFt
Listing Office:
Office Name: CB Richard Ellis, Inc.
Listing Agent: Priscilla Nee
Interior Features
Interior Information:
Fireplace: None
Bedroom and Bathroom Information:
Total Bedroom Count: 15
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Parking: Covered, Carport
Lot Features
Lot Information:
Lot Size: 0.35 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
School Info
Assigned Schools Information:
Mark Keppel High School, Public District Grades 9-12
Brightwood Elementary School, Public District Grades KG-8
Other
Directions Information:
Directions: Located just west of Atlantic Boulevard, between Floral Drive and Brightwood Street.
Price Information
Listing Price Info
Price Summary:
List Price: $3,100,000
Price Per SqFt: $354/SqFt
Tax Information:
Annual Amount: $22,281
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Monterey Park, CA.
This property is $2.2M more than the Median Sold Price and $211/SqFt less than other homes in Monterey Park, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24380549
Listing Office:
Office Name: CB Richard Ellis, Inc.
Listing Agent: Priscilla Nee
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/30/2024, 10:25:23 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jun 20, 1988
Jun 20, 1988Home Sold
$860,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$22,281
$1,522,884
2020
$21,549
$1,505,181
2019
$21,485
$1,475,668
2018
$21,178
$1,446,735
2017
$21,178
$1,418,369
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Middle School
8
/10
Brightwood Elementary School
1701 Brightwood St
Distance between this listing and this school0.37 miles
Public District Grades KG-8
High School
9
/10
Mark Keppel High School
501 E Hellman Ave
Distance between this listing and this school2.63 miles
Public District Grades 9-12
Nearby Schools
8
/10
Robert Hill Lane Elementary School
1500 Cesar Chavez Ave
Distance between this listing and this school0.34 miles
Public District Grades KG-6
10
/10
Kipp Iluminar Academy
4856 E 1st St
Distance between this listing and this school0.79 miles
Public Charter Grades KG-4
6
/10
Morris K. Hamasaki Elementary School
4865 E 1st St
Distance between this listing and this school0.82 miles
Public District Grades KG-6
Assigned Schools
8
/10
Brightwood Elementary School
1701 Brightwood St
Distance between this listing and this school0.37 miles
Public District Grades KG-8
Nearby Schools
5
/10
Brooklyn Avenue Elementary School
4620 E Cesar E Chavez Ave
Distance between this listing and this school0.99 miles
Public District Grades KG-8
9
/10
Monterey Highlands Elementary School
400 Casuda Canyon Dr
Distance between this listing and this school1.13 miles
Public District Grades KG-8
Assigned Schools
9
/10
Mark Keppel High School
501 E Hellman Ave
Distance between this listing and this school2.63 miles
Public District Grades 9-12
Nearby Schools
6
/10
James A. Garfield Senior High School
5101 E 6th St
Distance between this listing and this school1.32 miles
Public Magnet Grades 9-12
2
/10
Hilda L. Solis Learning Academy School of Tech, Business And
319 N Humphreys Ave
Distance between this listing and this school1.40 miles
The neighbors living near this home have an average income of $43,714. The majority of Monterey Park, CA residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1251 College View Dr
What is the listing price of this property?
The listing price of 1251 College View Dr property is $3,100,000.
What type of property is this?
The property 1251 College View Dr is a house located in Monterey Park, California, 91754.
Is this property for sale now?
Active Listing: 1251 College View Dr is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1251 College View Dr are: Brightwood Elementary School: GreatSchools Rating 8/10Mark Keppel High School: GreatSchools Rating 9/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $22,281 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 20, 1988 for $860,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1251 College View Dr has 15 bedrooms and 14 bathrooms.
What is the square footage of this property?
The property 1251 College View Dr is 8,745 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1251 College View Dr is 1959.
Interested in 1251 College View Dr? Let's connect.
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This home is located at 1251 College View Dr in Monterey Park, CA and zip code 91754 in the The San Gabriel Valley neighborhood. This 8,745 square foot home, which was built in 1959, sits on a 0.35 acre lot. Features: 15 bedrooms, 14 bathrooms. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $3,100,000.
Monterey Park, CA housing market in March 2024 saw over 13 listings sold above listed price, more than 2 sold at listed price and over 8 sold below. In March 2024 in Monterey Park, CA there were 5.6% less homes for sale than in February 2024. In March 2024, listings were on the market for 25 days. During the same period, the median list price in this real estate market was $858,000.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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