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$ 2,300,000
Est. payment | /mo
0.69 Acres Lot
$ 2,300,000
Est. payment | /mo
0.69 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID AR24053365
HOA Y/N No
Lot Size 0.694 Acres
Property Description
Rare find R3 land in South El Monte, City approved to build 11-12 unit condo apartments, plan can be reviewed upon requested, lot dimension 100 by 300, currently has two structures on the lot rental income $3300 monthly on m/m bases, highly demanding rental area, excellent quiet neighbor. The second lot similar size on north side also for sale. Buyer can develop both at the same time.
Location
State CA
County Los Angeles
Area 657 - So. El Monte
Zoning SER3*
Interior
Fireplace No
Exterior
Community Features Curbs
View Y/N No
View None
Building
Lot Description 11-15 Units/Acre
Water Public
New Construction No
Others
Senior Community No
Tax ID 8103023025
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Listed by Fred Lam • IRN Realty • 626-695-6006
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Justin & Jessica Bouzane
Broker Associate | Lic# 01905244