$11,800,000
$1M PRICE DROP

400 S Alhambra Ave Monterey Park, CA 91755

Estimated payment $74,669/month

Total Views 14,221
0.87 Acre
$13,641,618 Price per Acre
37,679 Sq Ft Lot

Highlights

  • 0.87 Acre Lot
  • Garvey (Richard) Intermediate School Rated A-
  • Mountain View

About This Lot

Calling all Developers, Investors, This Fully Entitled 64 Condominium Development is Ready to Breakground. This project features a semi-subterranean podium + 3 level - 57 unit condo development and 7 townhomes (up to 2,070) sf in the front for a total count of 64 units. This project features a mix of 1,2, and 3 bedrooms. Amenities include 12,600 square feet of open central garden space, in addition to a gym, community room, roof deck with trellis, walking path in the community. There is a total mix of 57 units as market rate, and 7 affordable housing units. This project has been subdivided for sale or for rent.

PRIME LOCATION - within close proximity to Downtown Monterey Park on Garvey and Garfield and Monterey Park Market Place Featuring Costco, Home Depot, In N Out, Starbucks, Guitar Center

LISTED UNDER COMMERCIAL LISTING ID WS24242507

Listing Agent

Alex Lai

Longo Realty, Inc. Brokerage Phone: 626-628-4463 License #01961835 Listed on: 12/09/2024

Property Details

Property Type

  • Land

Lot Details

  • 0.87 Acre Lot
  • Lot Sloped Down
  • Density is 36-40 Units/Acre
  • Property is zoned MPR3*

Additional Features

  • Mountain Views
  • Suburban Location

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 8 / O
  • Tax Tract Number 786
  • Assessor Parcel Number 5259004037
  • $3,445 per year additional tax assessments

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: MPR3*
  • Property Type: Land
  • Parcel Number: 5259004037
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 313.17

Exterior Features

  • View: Mountain(s)

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 36-40 Units/Acre, Sloped Down, Lot Over 40000 Sqft
  • Lot Size Sq Ft: 37679.00
  • Lot Size Acres: 0.8650

Multi Family

  • Lot Size Area: 37679.0000 Square Feet

Tax Info

  • Tax Block: O
  • Tax Census Tract: 4822.02
  • Tax Lot: 8
  • Tax Tract Number: 786
  • TaxOtherAnnualAssessmentAmount: 3445.00

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Price Changed $11,800,000 -8.5% --
12/09/2024 12/09/24 For Sale $12,900,000 +286566.7% --
07/19/2019 07/19/19 Sold $4,500 -8.2% --
07/12/2019 07/12/19 Pending -- -- --
12/03/2018 12/03/18 For Sale $4,900 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS24246557

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Monterey Park 91755

400 S Alhambra Ave, Monterey Park, CA

This home is located at 400 S Alhambra Ave, Monterey Park, CA 91755 and is currently priced at $11,800,000. 400 S Alhambra Ave is a home located in Los Angeles County with nearby schools including Hillcrest Elementary School, Garvey (Richard) Intermediate School, and Mark Keppel High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Alex Lai
Listing Agent
Alex Lai
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Longo Realty, Inc.
(626) 618-9473