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About This Home
This 3-bedroom, 2-bathroom residential multi family at 5612 Monterey Rd in Los Angeles, CA is listed for $799,000 ($593 per sqft). Built in 1921, the home offers 1,348 sqft of living space on a 0.13 acres lot.
Situated on a beautiful tree-lined street in one of Highland Park's most desirable pockets, this 8,400 SF lot (approx. 60' x 140') is a rare development site with RD1.5 zoning. The property currently features two existing residential units, offering immediate income potential while you plan your project.
Zoning and lot configuration offer a range of paths to redevelopment, including construction of multiple by-right units in the large rear yard, addition of ADUs, or a larger ground-up housing development. Centrally located near vibrant York Blvd and Figueroa Street corridors, the property enjoys easy access to shops, cafes, schools, and major freeways.
This is an ideal site for investors, developers, or owner-users looking to capitalize on Highland Park's strong demand for quality housing and continued neighborhood growth.
Key Features
- Built in 1921
- 0.13 acre lot
- 2 stories
- 6 parking spaces
Property Details
Monthly Cost Estimate
$4,273/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5612 Monterey Rd
Los Angeles, CA 90042
Questions & Answers
This 3-bedroom, 2-bathroom residential multi family at 5612 Monterey Rd is listed at $799,000 ($593/sqft). The estimated monthly payment is $3,462 based on 20% down at 6.5% interest.
Key features include: Built in 1921, 0.13 acre lot, 2 stories, 6 parking spaces.
This property is listed by Daniel Bahr and can be reached at 3236465938 or daniel@core-cre.com.
