2001 Saturn St - Light Distribution FOR SALE


Monterey Park, CA 91755
$26,000,000 USD
213-445-4989
2001 Saturn St, Monterey Park, CA for Sale
$26,000,000 USD
Light Distribution - FOR SALE
1/154
null | Request Cap Rate

2001 Saturn St
Monterey Park, CA 91755


HIGHLIGHTS

  • REZONED & DEVELOPMENT POTENTIAL • Current Zoning: R3/R4 Residential or Mixed-Use * please refer to new zoning" (Ordinance 2270) Monterey Park S-P.
  • PROPERTY ADVANTAGE • Flat, buildable lot with generous site dimensions and existing parking. • Surrounded by established retail corridors and amenitie
  • MARKET DRIVERS • Strong Housing Demand: Monterey Park is experiencing robust population growth and a chronic undersupply of new housing.
  • • Flexible parcel configuration supports a wide range of residential or mixed-use projects.

OVERVIEW

2001 Saturn Street presents a rare and compelling investment opportunity in the heart of Monterey Park, one of the most dynamic and desirable submarkets in Los Angeles County. This is no longer just an industrial asset—it is the cornerstone of a brand-new "Innovation Hub." A Visionary Transformation The city is actively transforming the Saturn Park area from a traditional office and industrial park into a vibrant, high-energy center for technology and lifestyle. Under the recently implemented Ordinance No. 2270 (Measure JJ), the zoning has been significantly broadened. We are moving beyond simple warehouses to a sophisticated mix of: Innovation & Technology spaces High-Density Residential (R3/R4) Retail & Entertainment destinations Prime Redevelopment Potential The property at 2001 Saturn St—currently a ~50,000 sq. ft. flex/warehouse building—is the prime candidate for this evolution. With the new zoning updates, the site is perfectly positioned for conversion into a Mixed-Use development that meets the massive demand for housing and modern workspace in the area. Strategic Location: Located in the Saturn Park Innovation/Technology Zone (SPITZ). Flexible Future: Whether you envision high-density residential or a tech-focused commercial hub, the path to redevelopment is now open. Market Leadership: Be at the forefront of Monterey Park’s transition into a more dynamic, modern community. The era of traditional industrial use is evolving. 2001 Saturn Street is your chance to lead that change and capture the immense value of Monterey Park’s next great chapter.

FOR SALE DETAILS

PRICE

$26,000,000 USD

PRICE/SF

$510 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

UTILITIES

Heating

CLEAR CEILING HT

21 Ft

DOCKS

3

DRIVE INS

-

PARKING SPACES

154

LAND DETAILS

LAND ACRES

3.5

LAND SF

152,460

ZONING

M

APN/PARCEL ID

5265-025-048

ASK ABOUT THIS PROPERTY

Keith HyunHK Mega RealtyMore Info
213-445-4989

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Keith HyunHK Mega RealtyMore Info
213-445-4989

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.