Bedrock
Rezoning

1688 West Garvey Avenue, Monterey Park, CA

On municipal recordMonterey Park, CA
4/ 5
High impact
Bedrock impact score
Action type
Rezoning
Asset class
Multifamily / Residential
Status
On municipal record
Filed
2026-08-19
Jurisdiction
Monterey Park, CA
Days on record
10 days
Aerial view of 1688 West Garvey Avenue, Monterey Park, CA
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01Investment highlights

Why this deal matters

  • Rezoning in Monterey Park, CA · Multifamily / Residential
  • Bedrock impact score 4 of 5 — High impact
  • The rollback from a custom Specific Plan to base R-3 zoning resets the entitlement framework on this site
  • Any developer who underwrote to the Specific Plan's standards must re-underwrite, and new buyers should model R-3 density limits rather than any bespoke plan allowances.
  • On the municipal record 10 days (filed 2026-08-19)
02Deal summary

The rationale

The rollback from a custom Specific Plan to base R-3 zoning resets the entitlement framework on this site — any developer who underwrote to the Specific Plan's standards must re-underwrite, and new buyers should model R-3 density limits rather than any bespoke plan allowances.

Monterey Park City Council is introducing an ordinance to repeal the 1688 West Garvey Avenue Specific Plan (Ord. No. 2210) and revert the property's zoning back to High-Density Residential (R-3), while also rescinding a related uncodified ordinance (Ord. No. 2211).

03Deal facts

The filing record

Jurisdiction
Monterey Park, CA
Action type
Rezoning
Asset class
Multifamily / Residential
File number
#21-01
Status
On municipal record
Filed
2026-08-19
Days on record
10 days
04Location

Where this sits

Satellite view of the parcel — pan, zoom, and switch layers.Esri World Imagery
1688 West Garvey Avenue, Monterey Park, CA
34.05989, -118.14508
Street view

At street level

Street view of 1688 West Garvey Avenue, Monterey Park, CA
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Area demographics

Los Angeles County

10,040,682
Population
$71,358
Median HH income
3,332,504
Households
$1,415
Median rent
U.S. Census · ACS 5-year
Nearby amenities

Within ~1 mile

20 Transit
20 Schools
20 Dining
2 Grocery
7 Banks
5 Parks
Points of interest · Google Places
05Record timeline

Filing to current status

  1. Filed with jurisdiction
    2026-08-19
    10 days on record
  2. Scored by Bedrock
    Relevance 4 / 5
    Automated land-use signal
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