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Listed by Kai Kyi, DRE #01986720 • Wetrust Realty
$ 11,500,000
Est. payment | /mo
2.79 Acres Lot
$ 11,500,000
Est. payment | /mo
2.79 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRAR26124117
Lot Size 2.789 Acres
Property Sub-Type Other Residential Land
Source California Regional MLS
Property Description
EXCLUSIVE INVESTMENT OPPORTUNITY/ 11640-11730 Valley Blvd, El Monte, CA / An exceptional 121,472 SF (2.79-acre) flat vacant lot, zoned Mixed Multi-Use (MMU) development site, fully entitled and ideally situated in the heart of El Monte within the highly desirable San Gabriel Valley. This flat, infill parcel is a zoned MMU offering flexible development potential for commercial, retail, residential, mixed-use, and other permitted uses. It aligns with the City of El Monte's General Plan for general commercial use, allowing for a wide range of high-intensity commercial developments. (buyer to verify). Currently an existing office building is located at the corner of Valley Blvd and La Madera Avenue. The 1,812 SF building was previously used as automotive dealership office space. The site is fully entitled for a mixed-use project across six parcels designed with Lot A (41,364 SF) and Lot B (80,108 SF). The approved plan includes approximately 83 residential units, consisting of 40 townhomes and 43 flats, 191 parking spaces, 21,260 SF of common open spaces, and an approved building height of four stories on Lot A and three stories on Lot B. Strategically located on high-traffic Valley Boulevard, this lot offers unmatched visibility and access to Interstate 10, Interstate 605, and Stat
Location
State CA
County Los Angeles
Area 619 - El Monte
Zoning LZ
Exterior
Fence Barbed Wire
Utilities Available Electricity - On Site
View City Lights
Building
Water District - Public
Others
Tax ID 8566021015
Special Listing Condition Not Applicable
Virtual Tour https://youtube.com/shorts/yHQVCHf2VYE?si=mdvg9WqsZ7kAwa3I
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