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948 W Newmark, Monterey Park, CA 91754

Property

948 W Newmark, Monterey Park, CA 91754 Sold September 2026 CRMLS
$450,000Sold September 2026

Listing Agent: CLARENCE YEUNG (DRE #01897557) · Listing Office: eXp Realty of California Inc · Contact: 626-696-0115 · Bought with: CLARENCE YEUNG · eXp Realty of California Inc · MLS #WS26113286 · Source: CRMLS

42,701 sqft
Lot Size
Property
Type
CityLights, Mountains, Neighborhood, Panoramic
View

How this sale compares

948 W Newmark sold for $450,000 in September 2026, 13% under its $520,000 list price, after 85 days on the market. It was first listed at $598,000. Across 105 closed sales in 91754 over the last 12 months, the median sold price is $867,500 and the median is $583 per square foot.

$583
91754 median per sq ft (12 mo)
$867,500
91754 median sold price (12 mo)
105
Closed sales in 91754 (12 mo)
85
Days on market
−13%
Sold vs. list price
QuarterClosed sales in 91754Median sold price
Q1 202610$711,250
Q2 202642$887,750
Q3 202652$874,000
Q4 20261$1,315,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Monterey Park · Homes for sale in 91754

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.

Listing description from the September 2026 sale, as reported to CRMLS.

Sale history

$450,000
Sold September 2026 · listed $520,000, orig. $598,000, on market May 2026, 85 days on market · MLS #WS26113286 · Source: CRMLS
Listing Agent: CLARENCE YEUNG · Listing Office: eXp Realty of California Inc · Contact: 626-696-0115 · Bought with: CLARENCE YEUNG · eXp Realty of California Inc

Recent sales near 948 W Newmark

Closed sales reported in 91754, nearest first, last 12 months. All recent sales in Monterey Park →

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Sale history for this address is based on MLS-reported closed transactions provided through CRMLS. Information is deemed reliable but not guaranteed and should be independently verified. Nalren does not provide price estimates or valuations.

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