Listed by Loren Thall, Dominion Corporation,

10561 Santa Fe Drive

El Monte, CA, 91731

$10,000,000

$10,000,000
Active
Active
 - For Sale
property_type
Land
The property is a fully-entitled, parcel that will become an approximately 175,113-square foot, five-story, residential development project in El Monte’s master planned development called El Monte Gateway. The project is approved for 212 residential units with below-grade resident parking for up to 175 cars and storage. Full set of plans are available with the purchase. Gateway location offers easy access to all Los Angeles has to offer. The development is a short walk from the newest and largest regional transit hub in the Los Angeles, County MTA network. This station also offers a dedicated busway that transports passages to downtown Los Angeles and bypassing the typical traffic on the region's busy freeways. Located approximately 12 miles east of downtown Los Angeles, El Monte is the hub of the San Gabriel Valley, where two major freeways - Interstates 605 and 10 - intersect and is the ninth largest city (out of 88) in Los Angeles County with a population of approximately 120,000. Gateway Apartments is an extremely rare opportunity to acquire a fully-entitled land site with approved market rate apartment units of scale in the heart of one of Los Angeles County’s top 10 biggest cities.
MLS® ID:
SR22086793
Listed:
4/25/22
Updated:
9/30/22

Exterior/Building Features

Lot Size
1.86 acres lot
Lot Details
Over 40 Units/Acre, Near Public Transit, Rectangular Lot

Other Property Details

Area Name
619 - El Monte
Taxes
$88281
Tax Frequency
per YEAR
HOA Amenities
Biking, Curbs, Sidewalks
Garage
No
Parking
N
View
Y
County
Los Angeles
Water Source
Public
Pool
No
Zoning
EMM2*

Property History

Date
Event
Price
Value
9/14/22
Active
-
-
6/15/22
Active Under Contract
-
-

 

Listed by Loren Thall, Dominion Corporation,

Based on information from California Regional Multiple Listing Service, Inc. as of 9/30/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2022 California Regional Multiple Listing Service. All rights reserved.

Data last updated 8:01 PM UTC, 9/30/22

Contact