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California, Los Angeles County, Monterey Park, USA

USD $1,350,000
John D Wood International, USA 9
PROPERTY TYPE

Detached

BEDROOMS

4

BATHROOMS

2

SIZE

Ask agent

Key features

  • Cooling: Central A/C
  • Fireplace Count: 1 Fireplace
  • Garage Count: 2 Car Garage
  • Sewer: Public
  • Special Program: Global Luxury

Description

An exceptional development opportunity in one of Los Angeles's most coveted neighborhoods, Monterey Park. Nestled on a tranquil street, this rare property comes with approved plans for two additional units: a second unit featuring 3 bedrooms and 2 baths, and an ADU with 2 bedrooms and 2 baths. A turnkey project for investors, developers, and builders, this property offers the potential to create an architectural masterpiece with strong returns. The existing residence is a charming 4-bedroom, 2-bath single-family home situated on a spacious corner lot, providing ample space for all three structures. Whether you're looking to expand your real estate portfolio, create a multi-generational living arrangement, or generate rental income, this property offers limitless potential. With the flexibility to live in one unit while leasing the others or to capitalize on the rising demand for multi-family housing, this Monterey Park gem is an unparalleled investment opportunity. Don't miss your chance to develop, invest, and thrive in one of the city's most desirable locations!


California, Los Angeles County, Monterey Park, USA

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NEAREST AIRPORTS

Distances are straight line measurements
  • Long Beach(Local)
    16.0 miles
  • Los Angeles(International)
    17.2 miles
  • Palm Springs(Local)
    94.7 miles
Advice on buying American property

Advice on buying American property

Learn everything you need to know to successfully find and buy a property in USA.

About John D Wood International, USA 9

Established in Mayfair in 1872, John D Wood & Co. has 150 years experience specialising in selling and letting properties in London, the South of England, country and internationally, as well as staff relocation services and interior consultancy, and are committed to offering a bespoke service, a strategic approach to marketing, and local expertise that has been trusted for generations.

When we promise the world, we mean it.

We cover 30+ countries through a network of strategically handpicked international partner agents who are leading agents in their markets.

Together we offer an international reach, with local expertise, and a commitment to excellence. Whether you're seeking a rural holiday home, a beachfront villa, or a city centre apartment, we can help make your dream a reality.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by John D Wood International, USA 9 (reference 20321429_14259592) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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