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400 S Alhambra Ave - 338-410 S Alhambra Ave, Monterey Park

1.73 Acres of Residential Land Offered at $12,900,000 in Monterey Park, CA 91755

Residential Land & Home Lots California Monterey Park 400 S Alhambra Ave, Monterey Park, CA 91755

Executive Summary

Prime Development Opportunity Near Downtown Corridor

Property Facts

Price $12,900,000 Property Type Land
Sale Type Investment or Owner User Property Subtype Residential
Sale Conditions 1031 Exchange Total Lot Size 1.73 AC
No. Lots 1
Price $12,900,000
Sale Type Investment or Owner User
Sale Conditions 1031 Exchange
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 1.73 AC

1 Lot Available

Lot

Price $12,900,000 Lot Size 1.73 AC
Price Per AC $7,453,959
Price $12,900,000
Price Per AC $7,453,959
Lot Size 1.73 AC

FULLY ENTITLED, 64 Unit Condominium Development (7 townhomes up to 2,070 sf modern style and 57 unit condominium on a podium plus 3. Rare Opportunity to Develop within distance to downtown Corridor.

Description

3 Parcel Assemblage of 1.73 Acres with Full Entitlements for 64 Condominium Development subdivided for Sale or for Rent.

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PROPERTY TAXES

Parcel Number 5259-004-037 Improvements Assessment $1,060,452
Land Assessment $3,063,537 Total Assessment $4,123,989

PROPERTY TAXES

Parcel Number
5259-004-037
Land Assessment
$3,063,537
Improvements Assessment
$1,060,452
Total Assessment
$4,123,989

zoning

Zoning Code Residential (High Density R3 Residential Zone)
Residential (High Density R3 Residential Zone)
  • Alex Lai
    Alex Lai
  • Longo Realty Inc
(626) 389-2481

  • Listing ID: 34049298

  • Date on Market: 12/2/2024

  • Last Updated:

  • Address: 400 S Alhambra Ave, Monterey Park, CA 91755

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400 S Alhambra Ave - 338-410 S Alhambra Ave, Monterey Park
(626) 389-2481 x

400 S Alhambra Ave - 338-410 S Alhambra Ave, Monterey Park

Alex Lai

(626) 389-2481

(626) 389-2481

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