Rare R-3 Zoned Development Opportunity in Prime Monterey Park
Discover an exceptional investment opportunity in the heart of Monterey Park. This rare R-3 zoned property comes with city-approved plans for two additional units, allowing you to immediately begin your development project and significantly enhance the property’s value.
The existing fully upgraded home… Read More offers 5 bedrooms and 3 bathrooms, with three bedrooms—including the primary suite—on the main level and two additional bedrooms upstairs. The home features laminated flooring throughout and a spacious enclosed patio that serves as a convenient laundry area and extra storage space.
Behind the gated driveway, you’ll find a two-car garage, ideal for parking, storage, or use as a workshop/studio. The expansive backyard provides further possibilities for improvement and future development.
Located within walking distance to restaurants, banks, shops, and the hospital, this property combines unbeatable convenience with strong long-term potential.
A perfect choice for developers, investors, or buyers seeking both current rental value and future growth. Read Less
Property listed by 168 Realty Inc., Fuguo Wang 626-965-7788
Listing Snapshot
Days Online
0
Last Updated
Property Type
SingleFamilyResidence
Beds
5
Full Baths
3
Square Ft.
2,551
Lot Size
0.26 Acres
Year Built
1945
MLS Number
TR25273924
Additional Details
Appliances & Equipment
Dishwasher, GasOven, GasRange
Building
Built in 1945, Living area: 2551.0, Living area units: SquareFeet, 2 stories, Levels: Two, Entry level: 1, Entry location: Front
Based on information from California Regional Multiple Listing Service, Inc. as of 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. Properties may or may not be listed by the office/agent presenting the information.
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