Excellent opportunity in a prime South El Monte location with tremendous upside. This property is ideally situated near major transportation routes, industrial and commercial hubs, and key corridors serving the San Gabriel Valley, making it well-positioned for a variety of potential uses. The site offers strong fundamentals and significant potential for redevelopment or expansion, perfect for an owner-user, investor, or developer looking to add value. Whether your vision is to modernize, reposition, or re-imagine the space, this property provides a solid canvas in a location where demand continues to grow. Convenient access to freeways, nearby cities, and employment centers enhances both usability and long-term appeal. Opportunities like this in South El Monte are limited — location, flexibility, and future potential come together here. Some pictures are virtually edited. There is a building on-site that is in need of repairs.
We are pleased to present 2503 Central Avenue, a rare infill multifamily development opportunity located in the heart of South El Monte, which can be purchased with 2429 Central Avenue, located on the same block. Just south of the intersection of Central Avenue and Rosemead Boulevard, the property enjoys exceptional visibility, immediate access to the 60, 10, and 605Freeways, and is surrounded by a mix of established neighborhoods, industrial employers, and major retail corridors. Zoned SER3* (Multi-Family Residential), the site spans approximately 28,210 square feet (0.65 acres) with 100 feet of frontage along Central Avenue and a depth of approximately 510 feet. This oversized lot offers a wide range of development possibilities including apartments, duplexes, or townhomes. The parcel is level and includes an existing residential structure that may offer interim rental income or serve as a short-term owner-occupant solution during entitlement or design phases. Importantly, the property may qualify for additional density under SB 1211, California's new pro-housing legislation aimed at streamlining infill development in transit-rich and jobs-adjacent areas. For developers, this provides an opportunity to unlock greater unit potential and accelerate project timelines, maximizing both scale and long-term value. Combined with the city's supportive stance on housing production, this site presents significant upside for both builders and long-term investors. The South El Monte submarket continues to benefit from limited housing inventory, consistent rental demand, and its strategic location within the San Gabriel Valley, proximate to employment centers in El Monte, Rosemead, and Whittier. The median household income in the City of South El Monte is approximately $83,562, signaling economic stability and strong appeal among working families and young professionals. Nearby amenities include national retailers such as Costco, Target, Home Depot, and In-N-Out, as well as recreational destinations like the Whittier Narrows Recreation Area and El Monte Historical Museum further enhancing the site's appeal to future residents. With flexible zoning, access to potential SB 1211 benefits, excellent freeway connectivity, and a lack of competing development parcels, 2503 Central Avenue offers a compelling opportunity for multifamily developers seeking long-term appreciation, consistent rental demand, and strong exit potential in one of the San Gabriel Valley's most centrally located infill corridors.
We are pleased to present 2429 Central Avenue, a rare infill multifamily development opportunity located in the heart of South El Monte, which can be purchased with 2503 Central Avenue, located on the same block. Just south of the intersection of Central Avenue and Rosemead Boulevard, the property enjoys exceptional visibility, immediate access to the 60, 10, and 605 Freeways, and is surrounded by a mix of established neighborhoods, industrial employers, and major retail corridors. Zoned SER3* (Multi-Family Residential), the site spans approximately 30,233 square feet (0.69 acres) with 100 feet of frontage along Central Avenue and a depth of approximately 510 feet. This oversized lot offers a wide range of development possibilities including apartments, duplexes, or townhomes. The parcel is level and includes an existing residential structure that may offer interim rental income or serve as a short-term owner-occupant solution during entitlement or design phases. Importantly, the property may qualify for additional density under SB 1211, California's new pro-housing legislation aimed at streamlining infill development in transit-rich and jobs-adjacent areas. For developers, this provides an opportunity to unlock greater unit potential and accelerate project timelines, maximizing both scale and long-term value. Combined with the city's supportive stance on housing production, this site presents significant upside for both builders and long-term investors. The South El Monte submarket continues to benefit from limited housing inventory, consistent rental demand, and its strategic location within the San Gabriel Valley, proximate to employment centers in El Monte, Rosemead, and Whittier. The median household income in the City of South El Monte is approximately $83,562, signaling economic stability and strong appeal among working families and young professionals. Nearby amenities include national retailers such as Costco, Target, Home Depot, and In-N-Out, as well as recreational destinations like the Whittier Narrows Recreation Area and El Monte Historical Museum further enhancing the site's appeal to future residents. With flexible zoning, access to potential SB 1211 benefits, excellent freeway connectivity, and a lack of competing development parcels, 2429 Central Avenue offers a compelling opportunity for multifamily developers seeking long-term appreciation, consistent rental demand, and strong exit potential in one of the San Gabriel Valley's most centrally located infill corridors.
South El Monte is located in California. South El Monte, California has a population of 19,860. South El Monte is less family-centric than the surrounding county with 29.16% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in South El Monte, California is $60,244. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in South El Monte is 35.8 years.
The average high temperature in July is 85.9 degrees, with an average low temperature in January of 46.8 degrees. The average rainfall is approximately 16 inches per year, with 0 inches of snow per year.
