948 W Newmark , Monterey Park, CA 91754
$520,000
Est. Payment: $2,616.56/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 52
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

What if your next dream home started with nearly one acre of breathtaking hillside land overlooking the San Gabriel Valley mountains? Rare opportunity to own nearly one acre of hillside land in one of Monterey Park's most desirable neighborhoods. Spanning approximately 42,701 square feet (0.98 acres), this R-1 zoned parcel offers breathtaking 180-degree panoramic views of the San Gabriel Valley, city lights, mountain vistas, and spectacular sunsets. Perched above the surrounding neighborhood, this unique property presents an exceptional opportunity to build a custom dream estate, private hillside retreat, or explore future development possibilities. The lot's size, frontage, and location may offer potential for lot split opportunities such as SB-9 and additional residential development, including ADUs, subject to buyer verification and approval from the appropriate governmental agencies. Located within the highly regarded Alhambra Unified School District and surrounded by established residential homes, this property combines privacy, convenience, and long-term upside. Vacant land of this size and caliber is becoming increasingly difficult to find in Monterey Park, making this a truly unique offering for builders, developers, investors, or owner-users seeking to create something special. Enjoy a premier location, stunning views, and endless possibilities. Buyers are advised to conduct their own independent investigations regarding zoning, lot dimensions, lot split potential, development opportunities, utility availability, permits, schools, and all aspects of the property.

Highlights

Listed by CLARENCE YEUNG , 626-696-0115 and JIMMY TRAM , 626-320-2382 eXp Realty of California Inc , 888-832-7179. CRMLS/Multi-Regional MLS mls logo

Property Type

Vacant Land

Lot/Acreage
0.98

County

Los Angeles

Area

641 - Monterey Park

Listing ID

WS26113286

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Other:Other

Exterior Features

Lot:Lot Over 40000 Sqft,Sloped Up,No Land Lease
Zoning:R1
Principal Interest
$2,617
Taxes
$332

Home Price

$520,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$104,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,616.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,616.56 $331.50 $0.00 $2,948.06
Yearly $31,398.69 $3,978.00 $0.00 $35,376.69
Total $941,960.81 $119,340.00 $0.00 $1,061,300.81

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Monterey Park, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-09T00:36:01.000Z

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