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

  • REZONING & DEVELOPMENT POTENTIAL • Current Zoning: Commercial (MPM – Monterey Park Municipal Code). • Future Potential: R3/R4 Residential or Mixed-Use
  • 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. The property’s current commercial zoning provides immediate income opportunities, while California’s recent housing legislation (SB 6 and AB 2011) creates a clear pathway for future residential or mixed-use redevelopment. This dual-positioning makes the asset highly attractive to both long-term investors and forward-looking developers. 2001 Saturn Street is uniquely positioned to deliver both short-term cash flow and long-term capital appreciation. The current commercial zoning allows for continued income generation, while rezoning potential provides substantial upside through higher and better use redevelopment. Under California’s pro-housing policies, this site offers a rare opportunity to develop apartments, condominiums, or a vibrant mixed-use community in a supply-constrained market. This is more than just a property—it’s a strategic development platform in a high-demand urban core.

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.