Rare find R3 lot in South El Monte, excellent neighborhood, plan to build 10 units apartment building, each unit is about 2133 sqft. (plan can be review upon request), Current house is 1780 sqft 3 bedrooms 3 bathrooms rent at $3300 per month in m/m lease, purchase includes 8103-024-032.
Courtesy: KELLER WILLIAMS SIGNATURE RLTY
Rare find R3 land in South El Monte, City approved to build 11-12 unit condo apartments, plan can be reviewed upon requested, lot dimension 100 by 300, currently has two structures on the lot rental income $3300 monthly on m/m bases, highly demanding rental area, excellent quiet neighbor. The second lot similar size on north side also for sale. Buyer can develop both at the same time.
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.
