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Benjamin J. Hsiang
Realty Investment Advisors, Inc.
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We are excited to present a unique opportunity for investors or developers interested in acquiring prime residential land in Monterey Park. The property spans an impressive 38,097 square feet and is zoned R3, offering significant potential for development.Comprising two separate parcels located at 338 Sefton and 346 Sefton, with distinct APNs (5259-007-064 & 5259-007-065), this offering is particularly rare in Monterey Park. Boasting 127 feet of street frontage and 300 feet of lot depth, the property provides ample space for various development possibilities.Situated within blocks of the vibrant Garvey Avenue area, which features an array of shops, restaurants, and amenities, the location offers convenience and accessibility. Additionally, it's just a short distance from Downtown Monterey Park, further enhancing its appeal.The property presents a versatile development opportunity, suitable for PUDs, townhomes, condominiums. Buyer shall conduct Buyer's own due diligence to confirm development possibilities.
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Total Baths: 0
Full Baths: 0
Half Baths: 0
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.8746
Lot Size Source: Assessor
Lot Size Square Feet: 38097
Original List Price: 3,995,000
Listing Contract Date: 2024-05-03
Listing Agreement: Exclusive Right To Sell
Parcel Number: 5259007064
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: 641 - Monterey Park
Directions: East on E. Newmark Ave, South on S. Sefton Ave
Zoning: MPR3*
Source Property Type: Land
Area: 641 - Monterey Park
Year Built Source: Vendor Enhanced
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
313 315 N New Avenue #2, Monterey Park, CA,91755 | $2,100,000 | -- | -- | 2,566 | 15030 Sqft |
1110 E Hellman Avenue, Monterey Park, CA,91755 | $3,500,000 | -- | -- | -- | 17282 Sqft |
2011 Potrero Grande Drive, Monterey Park, CA,91755 | $1,600,000 | -- | -- | -- | 31906 Sqft |
553 E Fernfield Drive, Monterey Park, CA,91755 | $1,150,000 | 3 | 3 | 2,055 | 9970 Sqft |
318 S Lincoln Avenue, Monterey Park, CA,91755 | $1,750,000 | 6 | 6 | 3,054 | 11725 Sqft |
318 S Lincoln Avenue, Monterey Park, CA,91755 | $1,750,000 | 6 | 6 | 3,054 | 11725 Sqft |
405 S Lincoln Avenue, Monterey Park, CA,91755 | $1,230,000 | 4 | 3 | 2,003 | 39738 Sqft |
620 Sefton Avenue, Monterey Park, CA,91755 | $1,098,000 | 4 | 4 | 1,969 | 8718 Sqft |
521 Pomelo Avenue, Monterey Park, CA,91755 | $2,380,000 | -- | -- | 4,473 | 17752 Sqft |
1305 Milam Place, Monterey Park, CA,91755 | $965,000 | 3 | 1 | 1,412 | 8446 Sqft |
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ByOwner last updated this listing 05/19/2024 @ 04:22
MLS: 24387231
LISTED BY: Benjamin J. Hsiang, Realty Investment Advisors, Inc.
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.