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$ 835,000
Est. payment /mo
New
623 N Chandler Monterey Park, CA 91754
2 Beds
1 Bath
690 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 690 sqft
Price per Sqft $1,210
MLS Listing ID TR26007907
Bedrooms 2
Full Baths 1
Year Built 1924
Lot Size 6,173 Sqft
Property Sub-Type Detached
Property Description
Exceptional Mixed-Use Development Opportunity in the Heart of Monterey Park Located just behind the vibrant Times Square of Monterey Park, 623 N Chandler Blvd, Monterey Park offers a truly rare and highly sought-after property with mixed-use zoning, a type of opportunity that is increasingly difficult to find in todays market. The property presents multiple potential development pathways, providing exceptional flexibility for investors, developers, and owner-users. Possible configurations may include: Development of up to three (3) residential units with full residential use. A commercial and residential mixed-use project, allowing for diversified income potential. Whether envisioned as a residential development or a mixed-use asset, this property stands out for its strong rental income potential and long-term value. Its prime location, consistent demand, and versatile zoning make it well-positioned for attractive rental returns. Surrounded by shops, dining, offices, and everyday conveniences, the site enjoys excellent walkability, strong foot traffic, and a highly central location, appealing to residential tenants, business operators, and mixed-use investors alike. Opportunities of this naturecombining premium location, zoning flexibility, and income potentialare exceptionally rare in Monterey Park. An outstanding choice for developers, investors, or owner-users seeking to capitalize on a one-of-a-kind property in a thriving urban core. For owner-users, the property also offers an appealing live-and-income potential. An owner may choose to occupy one unit while exploring t
Location
State CA
County Los Angeles
Direction In the back of Atlantic time square
Interior
Cooling Electric
Fireplaces Type FP in Family Room
Fireplace No
Laundry Electric
Exterior
Garage Spaces 1.0
View Y/N Yes
Water Access Desc Public
Total Parking Spaces 1
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Senior Community No
Tax ID 5256002049
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Grace Zhang RE/MAX Galaxy
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