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.
For sale
Price cut: $200K (12/10)
$799,000
5612 Monterey Rd, Los Angeles, CA 90042
3beds
2baths
1,348sqft
Est.:
Multi Family
Built in 1921
-- sqft lot
$-- Zestimate®
$593/sqft
$-- HOA
What's special
Large rear yardTree-lined street
- 114 days |
- 2,475 |
- 48 |
Zillow last checked: 8 hours ago
Listing updated: December 10, 2025 at 03:06am
Listed by:
Daniel Bahr DRE # 01488504 323-646-5938,
CORE Commercial Real Estate, Inc. 323-646-5938
Source: CLAW,MLS#: 25606891
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- None
Cooling
- None
Interior area
- Total structure area: 1,348
- Total interior livable area: 1,348 sqft
Property
Parking
- Total spaces: 6
- Parking features: Other
Features
- Levels: One
- Stories: 2
Lot
- Size: 5,601.82 Square Feet
- Dimensions: 60 x 140
Details
- Additional structures: None
- Parcel number: 5301013017
- Zoning: LARD1.5
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1921
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $593/sqft
- Tax assessed value: $712,070
- Annual tax amount: $9,007
- Date on market: 10/16/2025
Estimated market value
Not available
Estimated sales range
Not available
$3,729/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/10/2025 | Price change | $799,000-20%$593/sqft |
Source: | ||
| 10/16/2025 | Listed for sale | $999,000+40.5%$741/sqft |
Source: | ||
| 10/29/2020 | Sold | $711,000+18.7%$527/sqft |
Source: CRISNet / SRAR #SR20176737 Report a problem | ||
| 10/16/2020 | Pending sale | $599,000$444/sqft |
Source: Jon Buxer #SR20176737 Report a problem | ||
| 9/10/2020 | Listed for sale | $599,000+256.5%$444/sqft |
Source: Jon Buxer #SR20176737 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,007 +0.9% | $726,311 +2% |
| 2024 | $8,924 +1.9% | $712,070 +2% |
| 2023 | $8,754 +4.8% | $698,108 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,915/mo
Principal & interest
$3849
Property taxes
$786
Home insurance
$280
Climate risks
Neighborhood: 90042
Nearby schools
GreatSchools rating
- 8/10Monterey Hills Elementary SchoolGrades: K-5Distance: 0.4 mi
- 8/10South Pasadena Middle SchoolGrades: 6-8Distance: 1.3 mi
- 10/10South Pasadena Senior High SchoolGrades: 9-12Distance: 1 mi
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