512 Everett Ave, Monterey Park, CA 91755

Property Description

Explore an unparalleled investment opportunity in Monterey Park – a developer's dream with R2 zoning. This 1993 sq ft single-family home on a vast 10,959 sq ft lot offers immense potential for expansion and increased value. Situated in a prime location with excellent schools, restaurants, and shopping nearby, this property is a canvas for transformation. The 3-car garage adds convenience and an incomplete upstairs flat with a separate entrance presents versatile living options. Buyers should verify land use, permits, and property conditions. Despite the need for repairs, this 4-bed, 2.5-bath home with a separate laundry room is a solid foundation for customization. A unique feature is its participation in a Power Purchase Agreement with IGS Solar, resulting in significantly reduced energy costs and a commitment to green living. Don't miss the chance to shape the future of this Monterey Park gem and capitalize on a rare investment opportunity!