Listed by: eXp Realty of California Inc • CLARENCE YEUNG • Contact: 626-696-0115
Price cut: $78K (7/17)
$520,000
948 W Newmark Ave Lot 2, Monterey Park, CA 91754
--beds
--baths
0.98Acres
Unimproved Land
Built in ----
0.98 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Incredible viewsBeautiful sunsets
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.
87 days
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157
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11
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Zillow last checked:
Listing updated:
Listed by:
CLARENCE YEUNGDRE #01897557626-696-0115,
eXp Realty of California Inc,
JIMMY TRAMDRE #02151694626-320-2382,
eXp Realty of California Inc
Source: CRMLS,MLS#: WS26113286Originating MLS: California Regional MLS
Facts & features
Property
Features
Has view: Yes
View description: City Lights, Mountain(s), Neighborhood, Panoramic
Lot
Size: 0.98 Acres
Features: Lot Over 40000 Sqft, Sloped Up
Details
Parcel number: 5261010055
Zoning: R1
Special conditions: Standard
Utilities & green energy
Water: Other
Community & HOA
Community
Features: Mountainous
Location
Region: Monterey Park
Financial & listing details
Date on market: 5/26/2026
Cumulative days on market: 88 days
Listing terms: Cash,Cash to Existing Loan,Cash to New Loan