21
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$3,980,000
Est. payment /mo
1.07 Acres Lot
New
2620 Tyler El Monte, CA 91733
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Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR26185633
Lot Size 1.072 Acres
Property Sub-Type Lots/Land
Property Description
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
Location
State CA
County Los Angeles
Direction S/Garvey Av, E/Santa Anita Av, W/Peck Rd, N/Elliott Av
Interior
Fireplace No
Exterior
Utilities Available Electric
View Y/N No
Others
Senior Community No
Tax ID 8105013015
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
Listed by Gloria Chuang, DRE#02052550 Tendwell Realty & Invest.
NEARBY SCHOOL & BUSINESS
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