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California, Los Angeles County, Monterey Park, USA

£956,973
USD $1,299,000
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

Prime Investment & Development Opportunity in Monterey Park. Unlock the full potential of this rare corner-lot property in the highly sought-after city of Monterey Park, perfect for savvy investors, developers, and income-focused buyers. This exceptional offering includes approved plans for two additional units: a 4-bed, 3-bath second unit and a 2-bed, 2-bath ADU, making it a fully entitled, shovel-ready project. The existing structure is a well-maintained 4-bedroom, 2-bath single-family home, providing immediate rental income while you build. Once completed, the property will feature three separate units ideal for maximizing cash flow, 1031 exchange opportunities, or long-term appreciation. Whether you're looking to: Live in one unit and rent the others, Create a high-yield multi-unit portfolio piece, or Take advantage of Monterey Park's strong rental demand, this property offers a powerful combination of location, entitlement, and income potential. Don't miss this rare opportunity to invest, develop, and generate lasting returns in one of Los Angeles County's most desirable rental markets.


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

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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