422 Mooney Drive
Monterey Park, CA 91755

Looking for the perfect investment opportunity in one of the top-rated cities in the country? In 2017, Monterey Park was voted one of the top cities in Money magazine, making this the perfect opportunity for savvy investors looking to capitalize on the thriving real estate market thanks to its good schools, neighbors, and growing economy. Don't miss out on this rare chance to own a piece of the American dream in one of the most sought-after locations in the country. This charming single-family home boasts an enormous 15,902 square foot lot with coveted R2 zoning and backs up to the serene Garvey Ranch Park, providing a tranquil setting for your daily routine. Los Angeles County Assessor's portal shows 17,572 square feet. Buyer to confirm and satisfy themselves with square footage, permits and condition of property.The possibilities are endless with so much potential. Interested buyers are encouraged to speak with the City about their development plans. Take advantage of the rare opportunity to develop and increase the value of your investment. The home itself offers 1,840 square feet of spacious living, perfect for owner occupancy or renters. The large basement provides additional space to transform into giant storage with loads of shelf space.Storage won't be an issue with two extra storage rooms and a detached two-car garage, providing ample space for all of your belongings. Located in the heart of Monterey Park, this home is in close proximity to top-rated schools, making it the ideal location to settle down.The home itself features hardwood floors and a huge dining room with built-in cabinetry. The property is in need of repair, but its large size and huge basement offer ample potential for customization and renovation. Long cement driveway leads to the large storage room connected to the 2 car garage.One of the best features of this property is its location, which backs up to the beautiful Garvey Ranch Park. The area is also home to top-rated schools and offers great access to downtown Los Angeles, as well as a wide variety of parks, restaurants, and shopping options.This property is truly a developer's dream, with many newly built homes around the area. It's hard to find a lot this size in such a prime location in Monterey Park, so don't miss out on this incredible opportunity to create the home or investment property of your dreams!