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$ 12,900,000
Est. payment | /mo
0.86 Acres Lot
$ 12,900,000
Est. payment | /mo
0.86 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS24246557
HOA Y/N Yes
Lot Size 0.865 Acres
Property Description
Calling all Developers, Investors, This Fully Entitled 64 Condominium Development is Ready to Breakground. This project features a semi-subterranean podium + 3 level - 57 unit condo development and 7 townhomes (up to 2,070) sf in the front for a total count of 64 units. This project features a mix of 1,2, and 3 bedrooms. Amenities include 12,600 square feet of open central garden space, in addition to a gym, community room, roof deck with trellis, walking path in the community. There is a total mix of 57 units as market rate, and 7 affordable housing units. This project has been subdivided for sale or for rent.
PRIME LOCATION - within close proximity to Downtown Monterey Park on Garvey and Garfield and Monterey Park Market Place Featuring Costco, Home Depot, In N Out, Starbucks, Guitar Center
LISTED UNDER COMMERCIAL LISTING ID WS24242507
PRIME LOCATION - within close proximity to Downtown Monterey Park on Garvey and Garfield and Monterey Park Market Place Featuring Costco, Home Depot, In N Out, Starbucks, Guitar Center
LISTED UNDER COMMERCIAL LISTING ID WS24242507
Location
State CA
County Los Angeles
Area 641 - Monterey Park
Zoning MPR3*
Interior
Fireplace No
Exterior
Community Features Suburban
View Y/N Yes
View Mountain(s)
Building
Lot Description 36-40 Units/Acre, Sloped Down, Lot Over 40000 Sqft
Water See Remarks
New Construction No
Others
Senior Community No
Tax ID 5259004037
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Listed by ALEX LAI • Longo Realty, Inc. • 626-628-4463