Monterey Park, CA 91755,338 Sefton Ave
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Monterey Park, CA 91755,338 Sefton Ave
Monterey Park, CA 91755,338 Sefton Ave
Monterey Park, CA 91755,338 Sefton Ave
Monterey Park, CA 91755,338 Sefton Ave

$3,950,000

Est. payment /mo

$3,995,000

1.1%
Est.Price: ?

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338 Sefton Ave Monterey Park, CA 91755

0.87 Acres Lot

SOLD DATE : 05/24/2024

Key Details

Sold Price $3,950,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 24-387231

Sold Date 05/24/24

Lot Size 0.875 Acres

Acres 0.874

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.

Location

State CA

County Los Angeles

Area Monterey Park

Zoning MPR3*

Exterior

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Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Realty Investment Advisors, Inc.
Bought with Pinnacle Real Estate Group

GUIDE SoCal

Broker | License ID: DRE#01976964

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