Rare find! Excellent opportunity to fix and save or invest and develop! Currently featuring a 1,600 sq ft single-family Craftsman-style home with 3 bedrooms, 3 bathrooms, and a detached 2-car garage, this home is ideal for those looking to fix and save or re-imagine the property?s full potential with R3 zoning for multifamily development on a sprawling 10,000 sq ft corner lot in the heart of Monterey Park. Located in a desirable neighborhood known for its vibrant community, the property is within the highly rated Ynez Elementary and Keppel High School district. Enjoy easy access to a variety of shopping, dining, and outdoor recreation options, while being conveniently close to major freeways, including the 10, 710, 60, 5, and 110, making commuting a breeze. Whether you're looking to invest, completely redevelop, or simply fix and save, this property is a golden opportunity with endless possibilities!