Rare R-3 Zoned Development Opportunity in Prime Monterey Park. This property comes with city-approved plans for two additional units, allowing you to immediately begin your development project and significantly enhance the property’s value. The existing fully upgraded home offers 5 bedrooms and 3 bathrooms, with three bedrooms—including the primary suite—on the main level and two additional bedrooms upstairs. The home features laminated flooring throughout and a spacious enclosed patio that serves as a convenient laundry area and extra storage space. This 2551sqft is move-in ready. Behind the gated driveway, you’ll find a two-car garage, ideal for parking, storage, or use as a workshop/studio. The huge backyard is ready for development. The approved plan includes two units, with 1200sqft and 1497sqft of development. Located within walking distance to restaurants, banks, shops, and the hospital, this property combines unbeatable convenience with strong long-term potential. A perfect choice for developers, investors, or buyers seeking both current rental value and future growth.
Days on market: 49
Listing updated: January 29, 2026 - 01:31:01
Listed by: Fuguo Wang DRE #02011966 626-965-7788, 168 Realty Inc. - Tri-Counties
Source: Tri-Counties, MLS#: PB6143 Originating MLS: CRMLS
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