Located in the lively center of Monterey Park, this land meets all the city's requirements for constructing 8 condo units. Ready for the next owner to obtain permits, it sits in close proximity to Encanto Walk, a development of single-family homes by Olson Homes. Positioned for easy access to freeways and surrounded by a variety of amenities, this property offers a seamless blend of convenience and opportunity.
The median home value in Monterey Park, CA is $864,800. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Monterey Park, CA is $864,800. Approximately 47.49% of Monterey Park homes are owned, compared to 46.36% rented, while 6.15% are vacant. Monterey Park real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Monterey Park real estate agent to arrange a tour today!
Monterey Park, California 91755 has a population of 61,153. Monterey Park 91755 is less family-centric than the surrounding county with 25.08% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Monterey Park, California 91755 is $68,497. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Monterey Park 91755 is 43.8 years.
The average high temperature in July is 85.8 degrees, with an average low temperature in January of 46.7 degrees. The average rainfall is approximately 15.8 inches per year, with 0 inches of snow per year.