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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
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
HOA Y/N No
Year Built 1924
Lot Size 6,172 Sqft
Property Sub-Type Single Family Residence
Property Description
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 today's 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 nature—combining premium location, zoning flexibility, and income potential—are 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 the possibility of developing an additional unit to generate stable rental income, creating a balanced opportunity for personal use and long-term cash flow.
Location
State CA
County Los Angeles
Area 641 - Monterey Park
Rooms
Main Level Bedrooms 2
Interior
Interior Features Bedroom on Main Level
Cooling Electric
Fireplaces Type Family Room
Fireplace Yes
Laundry Electric Dryer Hookup
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Curbs
View Y/N No
View None
Total Parking Spaces 1
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Dwelling Type House
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
High Schools Mark Keppel
School District Alhambra
Others
Senior Community No
Tax ID 5256002049
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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