7,752 sqft

$3,350,000

801 803 E Newmark Ave, Monterey Park CA, 91755

Price per sqft$432.15

Built in1952

Property size7,752 sqft

Property typeCondominium

Bought with Johnny Lam with Treeline Realty & Investment and Listed by Jackson Jorgensen CA DRE# 02022727 with Younglewin Advisors, Inc. [email protected]

Overview

Sold

Closed

Listed Jan 14, 2025

Updated Aug 25

First time on the market in over 70 years! Young Lewin Advisors is pleased to present 801 and 803 Newmark Ave, an 8 unit property on two contiguous parcels totaling a lot size of 35,833 with R3 zoning. 801 E Newmark consists of a conventional 6 unit single story building with two separate front houses,(built in 1915 and 1952) and two duplex's (all 2 bed/1 bath units) built in 1962 with a carport in the rear. 802 Newmark Ave consists of two single family houses in the front- a 3 bed house built in 1956 and a two bed house built in 1950. Behind the houses is a substantial amount of vacant land. The Newmark properties have development potential being on nearly an acre of land. The lot dimensions for 801 per the assessor are 60.48 feet by 300.4 feet, and for 803 are 58.5 feet by 300.4 feet for a total of 35,833 square feet. Per the R-3 guidelines of the Monterey Park Development Standards (buyer to verify) - you can build one unit per 3,000 square feet with a maximum of 2 stories not to exceed 30 feet. If developed together you could build 11 units by right - and with AB-1211 you could add up to 8 ADU's making a 19 unit development potentially.

Additional information

MLS^® ID: PW25009779

Interior Features

Basement: No

Exterior Features

Lot Size: 0.82 Acres

Other Property Details

55+/Senior Community: No

Bought with Johnny Lam with Treeline Realty & Investment and Listed by Jackson Jorgensen CA DRE# 02022727 with Younglewin Advisors, Inc. [email protected]

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/25/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 8/25/2026 at 1:24 AM UTC Last Checked: 1:24 AM UTC