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$1,188,800
Est. payment /mo
0.5 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CV23205046
HOA Y/N No
Lot Size 0.497 Acres
Acres 0.4975
Property Sub-Type Lots/Land
Property Description
Attention all investors , developers, and builders: Come see this amazing property consisting of a 2 bedroom 1 bath, House plus a converted 1 bedroom 1 bath garage sitting on a huge 1/2 Acre = 21,669 square feet LOT located in a prime area of El Monte surrounded by new developments! The city will allow you to do a Subdivision / Tract Map / PUD / Apartment Building to build 5 brand new Houses, PUDs, Condos, Townhouses, (each unit should easily sell around $800K + each) or multiple apartments. Please look at the adjoining and surrounding lots . What a better way to address the housing shortage while making a nice profit.
Attention all investors , developers, and builders: Come see this amazing property consisting of a 2 bedroom 1 bath, House plus a converted 1 bedroom 1 bath garage sitting on a huge 1/2 Acre = 21,669 square feet LOT located in a prime area of El Monte surrounded by new developments! The city will allow you to do a Subdivision / Tract Map / PUD / Apartment Building to build 5 brand new Houses, PUDs, Condos, Townhouses, (each unit should easily sell around $800K + each) or multiple apartments. Please look at the adjoining and surrounding lots . What a better way to address the housing shortage while making a nice profit.
Attention all investors , developers, and builders: Come see this amazing property consisting of a 2 bedroom 1 bath, House plus a converted 1 bedroom 1 bath garage sitting on a huge 1/2 Acre = 21,669 square feet LOT located in a prime area of El Monte surrounded by new developments! The city will allow you to do a Subdivision / Tract Map / PUD / Apartment Building to build 5 brand new Houses, PUDs, Condos, Townhouses, (each unit should easily sell around $800K + each) or multiple apartments. Please look at the adjoining and surrounding lots . What a better way to address the housing shortage while making a nice profit.
Location
State CA
County Los Angeles
Area El Monte (91732)
Zoning 2024-11-07
Building
Lot Description Curbs
Others
Monthly Total Fees $50
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
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Listed by Cesar Navarro • RE/MAX MASTERS REALTY