Active

948 W Newmark

Monterey Park, CA 91754

$598,000 $2,521/Mo

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Overview

42,701

Sqft(Lot)

Description

What if your next dream home started with nearly one acre of breathtaking hillside land overlooking the San Gabriel Valley mountains? Rare opportunity to own nearly one acre of hillside land in one of Monterey Park's most desirable neighborhoods. Spanning approximately 42,701 square feet (0.98 acres), this R-1 zoned parcel offers breathtaking 180-degree panoramic views of the San Gabriel Valley, city lights, mountain vistas, and spectacular sunsets. Perched above the surrounding neighborhood, this unique property presents an exceptional opportunity to build a custom dream estate, private hillside retreat, or explore future development possibilities. The lot's size, frontage, and location may offer potential for lot split opportunities such as SB-9 and additional residential development, including ADUs, subject to buyer verification and approval from the appropriate governmental agencies. Located within the highly regarded Alhambra Unified School District and surrounded by established residential homes, this property combines privacy, convenience, and long-term upside. Vacant land of this size and caliber is becoming increasingly difficult to find in Monterey Park, making this a truly unique offering for builders, developers, investors, or owner-users seeking to create something special. Enjoy a premier location, stunning views, and endless possibilities. Buyers are advised to conduct their own independent investigations regarding zoning, lot dimensions, lot split potential, development opportunities, utility availability, permits, schools, and all aspects of the property.

Property Details

Property Type : Land

Price : $598,000

AD Id : 79260272

MLS Id : WS26113286

Lot Size : 42,701 Sqft(Lot)

County : Los Angeles

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Features

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.9803
Lot Size Source: Assessor Lot Size Square Feet: 42701

Listing Price Information

Original List Price: 598,000 Listing Contract Date: 2026-05-25
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5261010055

Other Property Info

Source Listing Status: Active Source Neighborhood: 641 - Monterey Park Directions: Between 940 and 956 W Newmark Ave Monterey Park Zoning: R1 Source Property Type: Land Area: 641 - Monterey Park

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
Atlantic Boulevard, Monterey Park, CA, 91754	$299,000	--	--	--	9,980 Sqft(Lot)

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ByOwner last updated this listing 06/07/2026 @ 15:17

MLS: WS26113286 LISTED BY: CLARENCE YEUNG, eXp Realty of California Inc 888-832-7179 SOURCE: CRMLS