Description
An exceptional development opportunity in one of los angeles' most coveted neighborhoods , monterey park. nestled on a tranquil street, this rare property comes with rti-approved plans for two additional units: a second unit featuring 3 bedrooms and 2 baths, and an adu with 2 bedrooms and 2 baths. a turnkey project for investors, developers, and builders, this property offers the potential to create an architectural masterpiece with strong returns. the existing residence is a charming 4-bedroom, 2-bath single-family home situated on a spacious corner lot, providing ample space for all three structures. whether you're looking to expand your real estate portfolio, create a multi-generational living arrangement, or generate rental income, this property offers limitless potential. with the flexibility to live in one unit while leasing the others or to capitalize on the rising demand for multi-family housing, this monterey park gem is an unparalleled investment opportunity. don't miss your chance to develop, invest, and thrive in one of the city's most desirable locations!
Property Type
ResidentialCounty
Los AngelesStyle
TraditionalAD ID
48511382
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 4
Bathroom Information
- Total Baths: 2
- Full Baths: 2
- Half Baths: 0
Water/Sewer
- Water Source : Public
- Sewer : Other
Interior Features
- Property Appliances: Built-In
- Fireplace: Living Room
- Flooring: Tile,Wood
- Furnished Description: Unfurnished
Cooling Features
- Central Air
- Air Conditioning
Heating Source
- Central
- Has Heating
Fireplace
- Fireplace Features: Living Room
- Has Fireplace: 1
-
Exterior Features
Building Information
- Year Built: 1950
- Building Area Total: 1,640
Security Features
- Gated Community
Pool Features
- None
Laundry Features
- Inside
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2268
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 9880
-
Listing Information
Listing Price Information
- Original List Price: 1,350,000
- Listing Contract Date: 2025-02-03
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5266024063
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Door-Multi,Garage,Gated
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 641 - Monterey Park
- Postal Code Plus 4: 6811
- Directions: East of Atlantic
- Zoning: MPR1*
- Source Property Type: Residential
- Area: 641 - Monterey Park
- Property SubType: Single Family Residence
Building and Construction
- Property Age: 75
- Common Walls: No Common Walls
- Structure Type: Single Family Residence
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 1640
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 02/21/2025 @ 22:52
- MLS: 25493817
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 4 bedrooms which is for sale, it has 1,640 sqft, 9,880 sized lot, and 2 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Monterey Park , in zip code 91754, this Los Angeles County Home are nearby neighborhoods.