Monterey Park CA Real Estate & Land for Sale

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.

Located in the lively center of Monterey Park, this vacant land meets all the city's requirements for constructing 8 condo units. Ready for the next owner to obtain permits, it sits in close proximity to Encanto Walk, a development of single-family homes by Olson Homes. Positioned for easy access to freeways and surrounded by a variety of amenities, this property offers a seamless blend of convenience and opportunity.

There are 2 parcel numbers, an approximately 1500 sqft single family home that includes 3 beds and 1 bath, plus a vacant land on the side, 2 parcels will be sold together, it's about 31000 sqft in total.Broker and Broker's Agents do your own diligence (square footage, bedroom/bathroom count, lot size or lot dimensions, permitted ). It is Buyer's sole responsibility to perform investigations and satisfy themselves.

Prime location in the heart of Monterey Park. Next to condos, across the street from Marie Callender's and Cathay Bank. Close to many restaurants, banks, offices, markets, retail stores and hotel and residential. Ideal for investment or 1031 exchange. Broker/agent does not guarantee accuracy of square footage, lot size, ordinances, zoning, permits and other information concerning the land use. Buyer/agent are advised to verify the accuracy of all information.

Unique piece of land located in One of America's Best Places to Live and Raise a Family rated by Time/ Money Magazine. Located in the hills of Monterey Park with panoramic views of the city, close to Freeway access to the 10, 60 and 710, close to Transportation and Downtown Los Angeles. City of Monterey Park permits land to be split into 2 parcels to build 2 houses, Buyers and Agent to Verify and Confirm with the City of Monterey Park.