CA > Monterey Park
Monterey Park, CA 91755,801 803 E Newmark Ave
Monterey Park, CA 91755,801 803 E Newmark Ave
Monterey Park, CA 91755,801 803 E Newmark Ave
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LaKeshia Lindsey

LaKeshia Lindsey

Divine Fog Realty San Diego

+1(619) 746-0849
$3,500,000
Est. payment /mo
0.82 Acres Lot
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UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID PW25009779

HOA Y/N No

Year Built 1952

Lot Size 0.823 Acres

Property Sub-Type Apartment

Property Description

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.

Location

State CA

County Los Angeles

Area 641 - Monterey Park

Interior

Fireplace No

Laundry Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Carport Spaces 6

Pool None

Community Features Urban

Total Parking Spaces 6

Private Pool No

Building

Lot Description Rectangular Lot

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5259013038

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jackson Jorgensen • Younglewin Advisors, Inc. • jack@younglewin.com
agent-avatar

Lakeshia's passion for real estate and her love for California are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in California. 

+1(619) 746-0849

lakeshiasellsrealestate@gmail.com

USA

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801 803 E Newmark Ave

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