338 Sefton Avenue

Monterey Park, CA 91755

$3,950,000

Sold Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $103 / sqft

calendar_month Built

Property Description

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 Information

Close Price $3,950,000
Close Date Friday, May 24th, 2024
Status Closed
MLS 24387231
Type Land
Lot Size 38,097
Structure Size N/A
DOM 19
Courtesy Of Realty Investment Advisors, Inc.
Listing Agent Benjamin J. Hsiang DRE#01438644
Co-Listing Agent Alexander Metaxas DRE#01784652

Interior Features

Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

Listing information courtesy of: Benjamin J. Hsiang, Alexander Metaxas, Realty Investment Advisors, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of May 24th, 2024 at 12:54 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.