$895,000

623 N Chandler, Monterey Park, CA 91754

  • 2 beds |
  • 1 bath |
  • 690 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1924
  • Property Lot Size Icon6,172sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $1,297/sqft
  • Property List Date Icon Listed 26 days ago

Property Description

Exceptional Mixed-Use Development Opportunity in the Heart of Monterey Park Located just behind the vibrant Times Square of Monterey Park, 623 N Chandler Blvd, Monterey Park offers a truly rare and highly sought-after property with mixed-use zoning, a type of opportunity that is increasingly difficult to find in todays market. The property presents multiple potential development pathways, providing exceptional flexibility for investors, developers, and owner-users. Possible configurations may include: Development of up to three (3) residential units with full residential use. A commercial and residential mixed-use project, allowing for diversified income potential. Whether envisioned as a residential development or a mixed-use asset, this property stands out for its strong rental income potential and long-term value. Its prime location, consistent demand, and versatile zoning make it well-positioned for attractive rental returns. Surrounded by shops, dining, offices, and everyday conveniences, the site enjoys excellent walkability, strong foot traffic, and a highly central location, appealing to residential tenants, business operators, and mixed-use investors alike. Opportunities of this naturecombining premium location, zoning flexibility, and income potentialare exceptionally rare in Monterey Park. An outstanding choice for developers, investors, or owner-users seeking to capitalize on a one-of-a-kind property in a thriving urban core. For owner-users, the property also offers an appealing live-and-income potential. An owner may choose to occupy one unit while exploring t

Listing Status:
Active
Data Last Updated:
February 7, 2026 at 5:11PM
Listing Office:
RE/MAX Galaxy : 909-860-8668
Listing Agent:
Grace Zhang : 909-223-2297
MLS ID:
TR26007907
  • Laundry: Electric
  • A/C: Electric
  • Fireplace: FP in Family Room
  • Pool: N/K
  • Parking: Parking spaces: 1
  • General: 1
  • HOA Amenities: 0.0
  • Originating MLS: California Regional MLS
  • County: Los Angeles
  • Zoning: 5256002049
  • View: N/K
  • Water: Public
  • Sewer: Public Sewer
  • Source: California Regional MLS

Presented by Veterans United Realty

This listing courtesy of Grace Zhang , RE/MAX Galaxy

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Marguerita Elementary School

1603 S Marguerita Ave, Alhambra, CA, 91803

Grades KG-8

0.52 miles away

M

Marguerita Elementary School

1603 S Marguerita Ave, Alhambra, CA, 91803

Grades KG-8

0.52 miles away

M

Mark Keppel High School

501 E Hellman Ave, Alhambra, CA, 91801

Grades 9-12

0.96 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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