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.
AR24053365
Land, Other
Los Angeles
0.6937
Acres
Public
Exterior / Lot Features
- Parking
- 0 Covered Parking Spaces.
- Zoning
- SER3*
- Additional Exterior/Lot Features
- 11-15 Units/Acre.
Financial Considerations
8103023025
Cash to New Loan
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