$3,950,000
$3,995,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
0.87 Acres Lot
SOLD DATE : 05/24/2024
Key Details
Sold Price $3,950,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 24387231
Sold Date 05/24/24
HOA Y/N No
Lot Size 0.875 Acres
Property Description
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.
Location
State CA
County Los Angeles
Area 641 - Monterey Park
Zoning MPR3*
Interior
Fireplace No
Exterior
View Y/N No
View None
Building
New Construction No
Others
Senior Community No
Tax ID 5259007064
Special Listing Condition Standard
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Bought with LILLIAN YIN • Pinnacle Real Estate Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner