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948 W Newmark

Monterey Park, CA 91754
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SqFt42,701

Sqft(Lot)

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.

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Detail Ic 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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  • Lot Information

    Main Square Feet: 42701 Lot Size Acres: 0.9803 Lot Size Source: Assessor Lot Size Square Feet: 42,701 Lot Description: Lot Over 40000 Sqft,Sloped Up

  • Listing Price Information

    Listing Price: $598000
    Cash, Cash to Existing Loan, Cash to New Loan

  • Tax Information

    Parcel Number: 5261010055 Tax Lot: 2

  • Location Information

    Direction: Between 940 and 956 W Newmark Ave Monterey Park WaterSource: Other
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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 07/24/2026 @ 04:47

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

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