$3,950,000
$3,995,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
338 Sefton Ave Monterey Park, CA 91755
0.87 Acres Lot
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
View Y/N No
View None
Others
Special Listing Condition Standard
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Bought with Pinnacle Real Estate Group
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Broker | License ID: DRE#01976964