- Summary
- Location
- Amenities
Realty Investment Advisors is 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.
- 38,097 Square Feet of Land Zoned R3
- Two Separate Parcels (338 Sefton & 346 Sefton)
- APNs 5259-007-064 & 5259-007-065.
- Rare Monterey Park Offering
- 127 Feet of Street Frontage X 300 Feet of Lot Depth
- Blocks from Garvey Avenue Shops, Restaurants, Etc.
- Minutes from the Downtown Monterey Park
Current Listings
REDUCED – DUPLEX | SAWTELLE
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7 UNITS | ARCADIA
PRICED TO SELL AT UNDER $505 PER SQUARE FOOT! CONDO COMPS ARE SELLING AROUND $600 PER SQUARE FOOT IN ARCADIA!! Offered for sale by the original owner/developer of the complex, this is an extremely rare opportunity for investors to acquire 7 residential units built in 2004 in prime Arcadia with multiple investment options. Option 1:…
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NEW – 9 UNITS | PASADENA
4.8% CAP RATE ON CURRENT RENTS and EXCELLENT LOCATION!! We are pleased to present for sale this 9-unit property in one of the best rental areas of Pasadena. The Playhouse Village area boasts as a WALKER’S PARADISE with its close proximity to restaurants, retail and S. Lake Ave. The property features remodeled interiors, FULL copper…
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NEW – 12 UNITS | PASADENA
5% CAP RATE AND 13.76 GRM ON EXISTING RENTS!! We are pleased to present for sale an outstanding 12-unit property in one of the best rental areas of Pasadena with excellent in place rental income. Madison Heights is a WALKER’S PARADISE score with its close proximity to restaurants, retail and S. Lake Ave. The property…
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NEW – 26 UNIT DEVELOPMENT | PASADENA
We are pleased to present a rare development and investment opportunity only about 1/3 of a mile to the San Marino city limit. The new owner will have the opportunity to develop a brand new, modern 26-unit apartment building project in the Unincorporated area of Pasadena. This development boasts a contemporary design, featuring 31 on-grade…
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NEW – TRIPLEX | ALHAMBRA
We are proud to present the sale of 1600 S. Sierra Vista, an exquisite triplex nestled in the heart of Alhambra. Located just a few blocks from Valley Boulevard and Garfield Avenue, this property offers an incredible opportunity for a buyer to live in one unit while the other tenants help pay the mortgage. The…
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10 UNITS | SANTA MONICA
Realty Investment Advisors presents 1427 15th Street, a 10 unit apartment building in Santa Monica. Eight of the 10 units are deed-restricted to 30% AMI affordability, limiting rent levels on those 8 units to $757 for 1 bedroom units and $898 for 2 bedroom units. However, unit 4 (2 bed 2 bath) and unit 10…
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NEW – 3 UNITS | WESTCHESTER
We are pleased to present an exceptional investment opportunity in the heart of Westchester. This triplex, featuring three one-bedroom, one-bath units with one unit currently vacant, offers significant value-add potential for investors and owner-users. Notably, the vacant unit has been completely renovated with a new kitchen and fixtures, new bathroom and fixtures, new cabinets, new…
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NEW – TRIPLEX | WESTCHESTER
We are pleased to present an exceptional investment opportunity in the heart of Westchester. This triplex, featuring two one-bedroom, one-bath units and one two-bedroom, one-bath unit, is fully occupied, offering immediate rental income for investors and owner-users. Notably, one of the one-bedroom units has been completely renovated with a new kitchen and fixtures, new bathroom…
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NEW – 6 UNITS | PASADENA
We are pleased to present for sale this fantastic 6-unit property in one of the best rental areas of Pasadena with excellent rental income. The Playhouse District boasts a WALKER’S PARADISE score with its close proximity to restaurants, retail and S. Lake Ave. The property features remodeled interiors, FULL copper plumbing and W/D inside units…
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