130 S Chandler Avenue $6,750,000


    130 S Chandler Avenue Monterey Park, CA 91754

    • 0.82 Acres
    • Land
    • MLS# WS22082415
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    Views: 9 Days On Market: 72

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    Property Details

    Entitled and ready to submit more drawings for permit to built 40 units residential senior condo units, The project offer the investor an opportunity to acquire a development that eliminates any entitlement risk of building less less units, saving you money ,wait time and carrying cost. The project consists of 3 parcels of land (5257-004-019,020,021) totaling 35,520 square feet of R-3 land. Located in the hart of Monterey Park, South/Garvey Ave. and East of Atlantic Blvd. Close to newly built Hotel, Market, Bus Stop, Banks and many more. The project will feature 36,191 square feet of residential divided into 3 levels ground floor 9 units, Manager's unit plus Community room, second level 15 units, third level 16 units. Total of 40 units, 37 units are 2Br/2Ba, 3 units are 1Br/1Ba. For garage area are 26,260 square feet of subterranean parking, with electric car plug in area, bicycle parking and 81 parking spaces.

    • General Features
      • Buyer Compensation 2.000 %
      • Community Features Sidewalks, Suburban
      • County Or Parish Los Angeles
    • Property Features
      • Lot Size Acres 0.81
      • View Error: ClassID in tblMLSFieldPropertyType is null.
      • Lot Features 36-40 Units/Acre



    91754 (Monterey Park) Demographics

    43 Median Age
    7,337 Population Density (per sq. mile)
    45% College Educated
    $66,218 Estimated Median Income
    6,169 Estimated Total Home Owners
    5,383 Estimated Total Renters
    53% / 47% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    33,343 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $836,650 Median Sales Price
    18 Homes Sold
    24 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $6,750,000
        4/22/2022 11:34:00 AM New in Database Source: Multiple Listing Service New Value: $6,750,000

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        Based on information from California Regional Multiple Listing Service, Inc. as of 7/3/2022 11:02:55 AM. 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. 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, 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.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.