Located in the lively center of Monterey Park, this 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.
Developers opportunity. 3.97 Acres raw land. Ready for developer or private party who wants to build houses with spectacular view. This land is adjacent to Monterey Hills Estate. Million dollar homes possible. Property consist of 4 A.P.N # 's 5253-008-036 , 5253-008-024 , 5253-008-061 ,5253-008-023
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.
Monterey Park is located in California. Monterey Park, California has a population of 61,153. Monterey Park is less family-centric than the surrounding county with 24.99% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Monterey Park, California is $68,497. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Monterey Park is 43.8 years.
The average high temperature in July is 85.8 degrees, with an average low temperature in January of 46.7 degrees. The average rainfall is approximately 15.8 inches per year, with 0 inches of snow per year.