Exceptional Mixed-Use Development Opportunity in the Heart of Monterey Park Located just behind the vibrant Times Square of Monterey Park, 623 N Chandler Blvd, Monterey Park offers a truly rare and highly sought-after property with mixed-use zoning, a type of opportunity that is increasingly difficult to find in today’s market. The property presents multiple potential development pathways, providing exceptional flexibility for investors, developers, and owner-users. Possible configurations may include: Development of up to three (3) residential units with full residential use. A commercial and residential mixed-use project, allowing for diversified income potential. Whether envisioned as a residential development or a mixed-use asset, this property stands out for its strong rental income potential and long-term value. Its prime location, consistent demand, and versatile zoning make it well-positioned for attractive rental returns. Surrounded by shops, dining, offices, and everyday conveniences, the site enjoys excellent walkability, strong foot traffic, and a highly central location, appealing to residential tenants, business operators, and mixed-use investors alike. Opportunities of this nature—combining premium location, zoning flexibility, and income potential—are excep
MLS #
CRTR26007907
MLS Source
California Regional MLS
Days on Site
1
Bedrooms
Ground Floor Bedroom
Fireplace
Family Room
Cooling
Central Forced Air - Electric
Pool
None
Garage/Parking
Garage: 1 Car(s)
Elementary District
Alhambra Unified
High School District
Alhambra Unified
HOA Fee
$0
623 N Chandler is a Single Family Residence in Monterey Park, CA 91754. This 690 square foot property sits on a 6,173 Sq Ft Lot and features 2 bedrooms & 1 full bathrooms. It is currently priced at $835,000 and was built in 1924. This address can also be written as 623 N Chandler, Monterey Park, CA 91754.
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This listing information is up-to-date as of January 13, 2026. For the most current information, please contact Grace Zhang