Save
Ask
Tour
Hide
Share
$3,500,000
8 Days On Site

801 E Newmark Ave
Monterey Park, CA 91755

For Sale|Apartment|Active
0
Beds
0
Full Baths
0
Partial Baths
7,752
SqFt
$451
/SqFt
1952
Built
County:
Los Angeles
Listed by Jackson Jorgensen of Younglewin Advisors, Inc. jack@younglewin.com

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

801 E Newmark Ave801 E Newmark Ave801 E Newmark Ave801 E Newmark Ave
Save
Ask
Tour
Hide
Share

First time on the market in over 70 years! Young Lewin Advisors is pleased to present 801 and 803 Newmark Ave, an 8 unit property on two contiguous parcels totaling a lot size of 35,833 with R3 zoning. 801 E Newmark consists of a conventional 6 unit single story building with two separate front houses,(built in 1915 and 1952) and two duplex's (all 2 bed/1 bath units) built in 1962 with a carport in the rear. 802 Newmark Ave consists of two single family houses in the front- a 3 bed house built in 1956 and a two bed house built in 1950. Behind the houses is a substantial amount of vacant land. The Newmark properties have development potential being on nearly an acre of land. The lot dimensions for 801 per the assessor are 60.48 feet by 300.4 feet, and for 803 are 58.5 feet by 300.4 feet for a total of 35,833 square feet. Per the R-3 guidelines of the Monterey Park Development Standards (buyer to verify) - you can build one unit per 3,000 square feet with a maximum of 2 stories not to exceed 30 feet. If developed together you could build 11 units by right - and with AB-1211 you could add up to 8 ADU's making a 19 unit development potentially.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$3,500,000
Days On Site 
8 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,752 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.8226 Acres
Year Built 
1952
MLS® Number 
PW25009779
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoStatus changed to Active
a week agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.8226
Carport 
6
Number Of Stories 
1
Parking Spaces 
6
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
7752
Water Source 
Public
Interior Features
Laundry Features 
Electric Dryer HookupGas Dryer Hookup
Save
Ask
Tour
Hide
Share
Exterior Features
Lot Features 
Rectangular Lot
Pool Features 
None
Community Features
Building Access 
Front
Financing Terms Available 
Conventional
MLS Area 
641 - Monterey Park


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share