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Monterey Park, CA

$520,000

948 W Newmark, Monterey Park, CA
52
Days listed

About this home

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.

Facts & features

Exterior & lot
Lot size
0.98 acres (42,701 sq ft)
View
City Lights, Mountains, Neighborhood, Panoramic
Community
Area
641 - Monterey Park
County
Los Angeles
Community features
Mountainous
Listing details
Status
Active
Property type
Land
Days on market
52
Listed
2026-05-25
Original price
$598,000
Terms
Cash, Cash To Existing Loan, Cash To New Loan
Parcel #
5261010055
MLS #
WS26113286
Listed by
CLARENCE YEUNG · eXp Realty of California Inc

Location

Price history

Listed
$598,000 · 2026-05-25
Price reduced
$520,000 (−$78,000)
Days on market
52
Current price
$520,000
Financing

Could this home be yours?

Estimated monthly payment
$3,262
$2,629 principal & interest · $633 taxes & insurance
$104,000
Estimate only
Loan $416,000

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Listing data provided by CRMLS

Listing courtesy of eXp Realty of California Inc. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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