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338 Sefton Avenue, Monterey Park, CA 91755

Property

338 Sefton Avenue, Monterey Park, CA 91755 Sold May 2024 CRMLS
$3,950,000Sold May 2024

Listing Agent: Benjamin J. Hsiang (DRE #01438644) · Listing Office: Realty Investment Advisors, Inc. · Bought with: LILLIAN YIN · Pinnacle Real Estate Group · MLS #24387231 · Source: CRMLS

0
Bathrooms
38,097 sqft
Lot Size
Property
Type

About this property

We are excited to present a unique opportunity for investors or developers interested in acquiring prime residential land in Monterey Park. The property spans an impressive 38,097 square feet and is zoned R3, offering significant potential for development.Comprising two separate parcels located at 338 Sefton and 346 Sefton, with distinct APNs (5259-007-064 & 5259-007-065), this offering is particularly rare in Monterey Park. Boasting 127 feet of street frontage and 300 feet of lot depth, the property provides ample space for various development possibilities.Situated within blocks of the vibrant Garvey Avenue area, which features an array of shops, restaurants, and amenities, the location offers convenience and accessibility. Additionally, it's just a short distance from Downtown Monterey Park, further enhancing its appeal.The property presents a versatile development opportunity, suitable for PUDs, townhomes, condominiums. Buyer shall conduct Buyer's own due diligence to confirm development possibilities.

Listing description from the May 2024 sale, as reported to CRMLS.

Sale history

$3,950,000
Sold May 2024 · listed $3,995,000, on market May 2024 · MLS #24387231 · Source: CRMLS
Listing Agent: Benjamin J. Hsiang · Listing Office: Realty Investment Advisors, Inc. · Bought with: LILLIAN YIN · Pinnacle Real Estate Group
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