338 Sefton AVE, Monterey Park, CA 91755

$3,950,000

$3,995,000

1.1%
Est.Price: ?

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Est. payment /mo

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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Listed by Benjamin J. Hsiang Realty Investment Advisors, Inc. #01438644
Bought with LILLIAN YIN Pinnacle Real Estate Group

Nearby Locations

Calvin Gong

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2633 S Baldwin Ave, Arcadia, CA, 91007, USA

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