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.
CV23205046
Land, Other
Los Angeles
0.4975
Acres
Public
Exterior / Lot Features
- Parking
- 0 Covered Parking Spaces.
- Zoning
- EMR3YY
Financial Considerations
8549005007
Cash, Cash to New Loan, 1031 Exchange
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