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Prime Development Opportunity in the heart of Monterey Park! Rare R3-zoned property on a large, flat 8,528 SF lot (approx. 55’ x 155’) offering outstanding potential for homeowners, investors, or future development.Located in one of the most convenient areas of Monterey Park, the property is within walking distance to the highly regarded Mark Keppel High School and just minutes to shopping centers, supermarkets, restaurants, hospitals, freeways, and public transportation.The existing two-story home features 3 bedrooms and 2 bathrooms, with two spacious bedrooms downstairs and one upstairs, making it ideal for flexible living arrangements. Recent upgrades include: Brand NEW roof. Brand NEW AC. Newly renovated bathroom.Fresh interior paint. The home also offers an updated kitchen with granite countertops and newer cabinetry, plus a laundry room with side-by-side washer/dryer hookups and utility sink. Modern conveniences include a 220V EV charging outlet already installed and an automatic gated driveway entrance providing added security and privacy. The large, level lot is truly a rare find and features a private orchard and garden paradise filled with many mature fruit trees and vegetables. Enjoy harvesting your own loquat, lychee, dragon fruit, guava, jujube, fig, peach, grapes, papaya, mulberry, pomelo, pomegranate and more—perfect for those who love farm-to-table living right at home. Additional features include two bonus workshop/accessory rooms next to the garage with attic storage space. This is a rare opportunity to own a versatile property combining prime location, excellent schools, development potential, and a private garden lifestyle in one of Monterey Park’s most sought-after neighborhoods. Property sold AS-IS & WHERE-IS. Buyers to verify zoning, permits, and development possibilities with the City of Monterey Park. Information deemed reliable but not guaranteed.
Listing agent: XIAOQING WANG DRE #01981881 iriswangrealtor@gmail.com, Listing office: Pinnacle Real Estate Group
MLS data updated 10/19/2026, 5:17:50 AM PT
Source: CRMLS, MLS #: WS26052986
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 12, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,180,000Closed sale · May 12, 2026ZIP 91755 · May 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.