CA > Monterey Park
Monterey Park, CA 91754,623 North Chandler
Monterey Park, CA 91754,623 North Chandler
Monterey Park, CA 91754,623 North Chandler
Additional details
Paul Ward

Paul Ward

+1(805) 479-5004
Listed by Grace Zhang • RE/MAX Galaxy
$835,000
Est. payment /mo
2 Beds
1 Bath
690 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 690 sqft

Price per Sqft $1,210

MLS Listing ID TR-26007907

Bedrooms 2

Full Baths 1

Year Built 1924

Lot Size 6,173 Sqft

Property Sub-Type Single Family Residence

Source California Regional Multiple Listing Service (CRMLS)

Property Description

Exceptional Mixed-Use Development Opportunity in the Heart of Monterey Park
Located just behind the vibrant Times Square of Monterey Park, 623 N Chandler Blvd, Monterey Park offers a truly rare and highly sought-after property with mixed-use zoning, a type of opportunity that is increasingly difficult to find in today's market.
The property presents multiple potential development pathways, providing exceptional flexibility for investors, developers, and owner-users. Possible configurations may include:
Development of up to three (3) residential units with full residential use.
A commercial and residential mixed-use project, allowing for diversified income potential.
Whether envisioned as a residential development or a mixed-use asset, this property stands out for its strong rental income potential and long-term value. Its prime location, consistent demand, and versatile zoning make it well-positioned for attractive rental returns.
Surrounded by shops, dining, offices, and everyday conveniences, the site enjoys excellent walkability, strong foot traffic, and a highly central location, appealing to residential tenants, business operators, and mixed-use investors alike.
Opportunities of this nature—combining premium location, zoning flexibility, and income potential—are exceptionally rare in Monterey Park.
An outstanding choice for developers, investors, or owner-users seeking to capitalize on a one-of-a-kind property in a thriving urban core.
For owner-users, the property also offers an appealing live-and-income potential. An owner may choose to occupy one unit while exploring the possibility of developing an additional unit to generate stable rental income, creating a balanced opportunity for personal use and long-term cash flow.

Location

State CA

County Los Angeles

Area 641 - Monterey Park

Interior

Cooling Electric

Fireplaces Type Family Room

Laundry Electric Dryer Hookup

Exterior

Garage Spaces 1.0

Pool None

Community Features Curbs

View Y/N No

View None

Building

Lot Description 0-1 Unit/Acre

Sewer Public Sewer

Schools

High Schools Mark Keppel

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Paul Ward
Paul Ward

Broker Associate | License ID: 01354001

+1(805) 479-5004 | paul@homeandranchteam.com

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