3903 Gilman RD Pending

El Monte,CA 91732

$ 1188800

2 Beds

1 Bath

1050 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 1,050 sqft

Price per Sqft $1,132

MLS Listing ID CV23205066

Bedrooms 2

Full Baths 1

Year Built 1950

Lot Size 0.497 Acres

Property Description

Attention all investors , developers, and builders: Come see this amazing property consisting of a 2 bedroom 1 bath, House plus a converted 1 bedroom 1 bath garage sitting on a huge 1/2 Acre = 21,669 square feet LOT located in a prime area of El Monte surrounded by new developments! The city will allow you to do a Subdivision / Tract Map / PUD / Apartment Building to build 5 brand new Houses, PUDs, Condos, Townhouses, (each unit should easily sell around $800K + each) or multiple apartments. Please look at the adjoining and surrounding lots . What a better way to address the housing shortage while making a nice profit.

Location

State CA

County Los Angeles

Area 619 - El Monte

Zoning EMR3YY

Interior

Cooling Wall/Window Unit(s)

Fireplaces Type None

Laundry Laundry Room

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Biking,Sidewalks

View Y/N Yes

View Neighborhood

Building

Lot Description Value In Land

Dwelling Type House

Story 1

Sewer Public Sewer

Water Public

New Construction No

Schools

School District El Monte Union High

Others

Acceptable Financing Cash,Cash to New Loan,1031 Exchange

Listing Terms Cash,Cash to New Loan,1031 Exchange

Special Listing Condition Standard

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