623 N Chandler Ave, Monterey Park, CA 91754 (MLS # TR26007907)

Price	$895,000
Status	Active
Beds	2
Baths	1 Bath
Home size	690 sqft
Lot Size	6,173 sqft
Days on Market	0

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 the possibility of developing an additional unit to generate stable rental income, creating a balanced opportunity for personal use and long-term cash flow.

Property Type(s): Single Family

Last Updated	1/28/2026	Year Built	1924
Garage Spaces	1.0	County	Los Angeles

Price History

Prior to Jan 28, '26	$835,000
Jan 28, '26 - Today	$895,000

Additional Details

AIR	Electric
AIR CONDITIONING	Yes
GARAGE	Yes
LOT	6172 sq ft
LOT DIMENSIONS	4,000-7,499 SF
SEWER	Public Sewer
STORIES	1
WATER	Public

Listed with RE/MAX Galaxy

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Properties on this website was last updated as recently as 1/28/26 2:42 PM PST.

This IDX solution is (c) Diverse Solutions 2026.

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