Plan amendment
Monterey Park, CA
5/ 5
Prime signal
Bedrock impact score
Action type
Plan amendment
Asset class
Multi-asset · site-wide
Status
On municipal record
Filed
2026-08-05
Jurisdiction
Monterey Park, CA
Days on record
24 days
01Investment highlights
Why this deal matters
- Plan amendment in Monterey Park, CA
- Bedrock impact score 5 of 5 — Prime signal
- If passed, this voter-approved overlay unlocks residential and mixed-use entitlement rights across Monterey Park's entire commercial and industrial land base
- A potential game-changer for site acquisition and rezoning strategy in the city.
- On the municipal record 24 days (filed 2026-08-05)
02Deal summary
The rationale
If passed, this voter-approved overlay unlocks residential and mixed-use entitlement rights across Monterey Park's entire commercial and industrial land base — a potential game-changer for site acquisition and rezoning strategy in the city.
Monterey Park City Council is placing a ballot measure on the November 3 General Municipal Election to adopt the HOME (Housing Overlay – Mixed Environments) overlay, which would allow residential/mixed-use development in commercially and industrially zoned areas citywide.
03Deal facts
The filing record
- Jurisdiction
- Monterey Park, CA
- Action type
- Plan amendment
- Asset class
- Multi-asset · site-wide
- Status
- On municipal record
- Filed
- 2026-08-05
- Days on record
- 24 days
05Record timeline
Filing to current status
- Filed with jurisdiction2026-08-0524 days on record
- Scored by BedrockRelevance 5 / 5Automated land-use signal
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