948 W Newmark,Monterey Park, CA 91754
Monterey Park, CA 91754
Description
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.
Details
| MLS # | WS26113286 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Days On Site | 89 |
| Listing Provided By | eXp Realty of California Inc | CLARENCE YEUNG |
Features
| Zoning | R1 |
|---|---|
| Acreage | 0.98 |
| Property View | Yes |
Exterior
| Lot Features | Lot Over40000Sqft, Sloped Up |
|---|
Location
| Community Features | Mountainous |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Monterey Park |
| Zip Code | 91754 |
| Area | 641 Monterey Park |
| Listing VS Median (in 91754) | |
Price: $520,000 low | high Med: $847,000 On site: 89 low | high Med: 55.5 | |
Market Activity 91754
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Monterey Park |
| Zip Code | 91754 |
| Area | 641 Monterey Park |
| Listing VS Median (in 91754) | |
Price: $520,000 low | high Med: $847,000 On site: 89 low | high Med: 55.5 | |
 | $1,295,000314 Montechico DrMonterey Park, CA 91754 |