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… Read More 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! Read Less
Property listed by Coldwell Banker Realty, Walter Castillo 323-464-9272
Listing Snapshot
Days Online
60
Last Updated
Property Type
Single Family Residence
Beds
4
Full Baths
2
Square Ft.
1,640
Lot Size
0.23 Acres
Year Built
1950
MLS Number
25493817
30 Days Snapshot Of 91754
$972k
0%
(avg) sold price
14
0%
homes sold
50
-53%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
BuiltIn
Building
Built in 1950, Building area total: 1,640, Levels: One, Living area: 1640, 1 story, Architectural style: Traditional, Common walls: NoCommonWalls
Community
Gated
Cooling
CentralAir
Fireplaces
LivingRoom
Floors
Tile, Wood
Garage
2 spaces
Heating
Central
Laundry
Inside
Lot
0.2268 acres, 9,880 square feet, Size: 9,880
Parking
4 open parking spaces, 6 totals parking, DoorMulti, Garage, Gated
Pool
None
Property
Zoning: MPR1*, None
Security Features
GatedCommunity
Spa
None
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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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