2429 Central Avenue

South El Monte, CA 91733
$2,300,000
0.69 acres | #AR24053365
Courtesy of IRN Realty

Description

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.

  • Property Details
      • Lot description:ElevenToFifteenUnitsAcre
      • Acres:0.6937
      • Property type:Purchase
      • Utility source:Public
      • County:Los Angeles
      • Original List Price:$2, 300, 000
      • MLS #:AR24053365
      • Cost:2300000
      • Property subtype:Land
      • MLS #:AR24053365

Location

The Alcantara GroupReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

%
2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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