623 N Chandler, Monterey Park, CA 91754
Local realty services provided by:ERA Excel Realty
623 N Chandler,Monterey Park, CA 91754
$895,000
- 2 Beds
- 1 Baths
- 690 sq. ft.
- Single family
- Active
Listed by: grace zhang
Office: re/max galaxy
MLS#:TR26007907
Source:CRMLS
Price summary
- Price:$895,000
- Price per sq. ft.:$1,297.1
About this home
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 today’s 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 nature—combining premium location, zoning flexibility, and income potential—are 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 the possibility of developing an additional unit to generate stable rental income, creating a balanced opportunity for personal use and long-term cash flow.
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Home facts
- Year built:1924
- Listing ID #:TR26007907
- Added:46 day(s) ago
- Updated:February 21, 2026 at 02:34 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Living area:690 sq. ft.
Heating and cooling
- Cooling:Electric
Structure and exterior
- Year built:1924
- Building area:690 sq. ft.
- Lot area:0.14 Acres
- Levels:1 Story
Schools
- High school:Mark Keppel
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$895,000
- Price per sq. ft.:$1,297.1
Features and amenities
- Laundry features:Electric Dryer Hookup
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