• 338 Sefton Avenue Monterey Park, CA 91755

  • $3,995,000
  • 0
    Sq Ft
  • 38097
    Sqft
  • Listed By: Benjamin J. Hsiang, Realty Investment Advisors, Inc., DRE #01438644
  • Source: CRMLS

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.

Property Type :

Land

Subdivision :

Fallbrook

County :

Los Angeles

Style :

Land

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Property Details

 

Bathroom Information

Total Baths: 0

Full Baths: 0

Half Baths: 0

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.8746

Lot Size Source: Assessor

Lot Size Square Feet: 38097

Listing Price Information

Original List Price: 3,995,000

Listing Contract Date: 2024-05-03

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5259007064

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

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

Building and Construction

Year Built Source: Vendor Enhanced

Nearby Home Value

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.

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