Description
Rare R-3 Zoned Development Opportunity in Prime Monterey Park. This 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 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.
Property Features
Appliances: Dishwasher
Community Features: Sidewalks, Urban
Cooling: Electric, Zoned
Heating: Central
High School District: Alhambra
Levels: Two
Senior Community YN: false
Structure Type: House
Water Source: Public
High School District: Alhambra
Senior Community YN: false
MLS Area Major: 641 - Monterey Park
City: Monterey Park