El Monte Land for Sale

El Monte Land for Sale

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Newest El Monte Land for Sale

$475,000
AR26195386 MLS
Residential lot consisting of approximately **7,420 square feet**, with dimensions of approximately **59 feet by 126 feet**. The property is zoned **R-3 (Multiple-Family Residential)**. Under the current development scenario confirmed by the City of El Monte, the property may accommodate **one primary residence, one ADU, and one JADU**, subject to applicable City requirements. The lot meets the City's basic **lot size and depth requirements**. The lot width is approximately **58.9 feet**, which is approximately **1.1 feet below the City's 60-foot width requirement**. Because of this width deficiency, development involving additional primary dwelling units or condominium construction would require **Planning Commission review and approval**. The City has indicated that **additional multifamily or condominium development may potentially be considered** with the required approval. The City has not confirmed a specific number of additional units. The final development capacity would depend on the proposed site plan and compliance with applicable requirements, including **parking, setbacks, open space, lot coverage, FAR, landscaping, building height, driveway access, and emergency access**. Parking requirements for multifamily development would vary based on the number, size, and bedroom count of the proposed units and may affect the final development plan. For a single-family development, the property would require a **Zone Clearance and applicable building permits**. Additional primary dwelling units or condominium development would require further **City review and Planning approval**. Additional review may also be required from **Building & Safety, Engineering, Fire, and other applicable agencies**, depending on the proposed development. The property is located within an established residential area of El Monte with access to **local streets, schools, parks, shopping, dining, and major transportation routes**. **Buyers should independently verify zoning, permitted uses, lot dimensions, development standards, parking requirements, setbacks, access, utility availability, entitlement requirements, and all other development potential with the **City of El Monte and applicable agencies**.

2509 Floradale, El Monte

Listing courtesy of Listing Agent: Manuel Aleja Morales Enamorado (Alejandro.morales@compass.com) from Listing Office: COMPASS.

$3,980,000
AR26185633 MLS
DEVELOPER'S DREAM!! RARE OPPORTUNITY to acquire a flat rectangular 1.07 Acres of R3 zoned property with 205 feet of combined street frontage in prime centralized location in the City of El Monte. Currently there are some income producing multi-residential properties on the land and an on-site parking area. Value is mainly in the land and its redevelopment potential. Occupied units are on a month-to-month term to facilitate quick termination for investor's development plans. The property is comprised of three individual parcels with separate addresses which are to be sold together. APN: 8105013015 consists of 2620 Tyler Ave (2BR+1BA) and 2622 Tyler Ave (3BR+1BA). APN: 8105013016 consists of 2630 Tyler Ave (3BR+1BA) and 2630-1/2 Tyler Ave (1BR+1BA). APN: 8105013017 consists of 2634 Tyler Ave (2BR+1BA) and 2634-1/2 Tyler Ave (3BR+1BA). Property is located within blocks from El Monte High School, elementary schools, El Monte Community Center, El Monte Aquatics Center, County Library, local parks, markets, restaurants, and access to the freeway. Value is mainly in the land of the combined parcels which has the potential to be developed into 15 units (PUDs or Townhouses or Condos). Medium Density R3 Zone allows for 10-14 units per acre. Buyer(s) to independently verify all information with appropriate professionals and authorities including but not limited to the number of units, number of bedroom & bathroom counts, and intended uses and/or development requirements. In recent years, there are many new/newer development communities nearby (within approx. 1 mi radius) including the Solstice 70 Community at SEC of Tyler Av & Garvey Av., Clementine Community (40 units) on Santa Anita Av. just south of Garvey Av, KB Home Belcourt Place (82 SFR units); KB Home Jade (87 Townhome units), and Brookhaven by Century Communities (61 Townhomes almost sold out). Property to be sold "as is" in their present physical condition.

2620 Tyler Avenue, El Monte

Listing courtesy of Listing Agent: Gloria Chuang (REbygloriac@gmail.com) from Listing Office: Tendwell Realty & Invest..

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