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$1,188,800
Est. payment /mo
0.5 Acres Lot
UPDATED:
12/05/2024 05:31 AM
Key Details
Property Type Vacant Land
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CV23205046
HOA Y/N No
Lot Size 0.497 Acres
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.
Location
State CA
County Los Angeles
Area 619 - El Monte
Zoning EMR3YY
Interior
Fireplace No
Exterior
Community Features Curbs
View Y/N Yes
Building
Water Public
New Construction No
Others
Senior Community No
Tax ID 8549005007
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
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Listed by Cesar Navarro • RE/MAX MASTERS REALTY • 626-806-4140