948 W Newmark, Monterey Park, CA 91754
948 W Newmark, Monterey Park, CA 91754
948 W Newmark, Monterey Park, CA 91754
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$598,000
Est. payment /mo
0.98 Acres Lot
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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS26113286

HOA Y/N No

Lot Size 0.980 Acres

Property Description

What if your next dream home started with nearly one acre of breathtaking hillside land overlooking the San Gabriel Valley mountains? Rare opportunity to own nearly one acre of hillside land in one of Monterey Park's most desirable neighborhoods. Spanning approximately 42,701 square feet (0.98 acres), this R-1 zoned parcel offers breathtaking 180-degree panoramic views of the San Gabriel Valley, city lights, mountain vistas, and spectacular sunsets.

Perched above the surrounding neighborhood, this unique property presents an exceptional opportunity to build a custom dream estate, private hillside retreat, or explore future development possibilities. The lot's size, frontage, and location may offer potential for lot split opportunities such as SB-9 and additional residential development, including ADUs, subject to buyer verification and approval from the appropriate governmental agencies.

Located within the highly regarded Alhambra Unified School District and surrounded by established residential homes, this property combines privacy, convenience, and long-term upside. Vacant land of this size and caliber is becoming increasingly difficult to find in Monterey Park, making this a truly unique offering for builders, developers, investors, or owner-users seeking to create something special.

Enjoy a premier location, stunning views, and endless possibilities. Buyers are advised to conduct their own independent investigations regarding zoning, lot dimensions, lot split potential, development opportunities, utility availability, permits, schools, and all aspects of the property.

Location

State CA

County Los Angeles

Area 641 - Monterey Park

Zoning R1

Interior

Fireplace No

Exterior

Community Features Mountainous

View Y/N Yes

View City Lights, Mountain(s), Neighborhood, Panoramic

Building

Lot Description Lot Over 40000 Sqft, Sloped Up

Water Other

New Construction No

Others

Senior Community No

Tax ID 5261010055

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan

Special Listing Condition Standard


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Listed by CLARENCE YEUNG eXp Realty of California Inc 626-696-0115, DRE #01897557

NEARBY SCHOOL & BUSINESS

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Max Chuong Thai

Max Chuong Thai

+1(323) 309-3423

Agent | License ID: 02134406

Agent License ID: 02134406

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