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$ 11,500,000
Est. payment /mo
New
11640 Valley El Monte, CA 91732
2.79 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR26124117
Lot Size 2.789 Acres
Property Sub-Type Lots/Land
Property Description
EXCLUSIVE INVESTMENT OPPORTUNITY/ 1164011730 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 Montes 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 State Route 60. Surrounded by significant public and private investment, this large 2.79-acre vacant lot is positioned within a rapidly transforming submarket experiencing significant public and private investment. A premier opportunity in one of Southern Californias most dynamic infill markets, this prope
Location
State CA
County Los Angeles
Direction Valley Blvd and La Madera Ave
Interior
Fireplace No
Exterior
Utilities Available Electric
View Y/N No
Others
Senior Community No
Tax ID 8566021015
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://youtube.com/shorts/KWfnqNPW1Gc?si=vZ3zvGSXQof28O6v
Listed by Kai Kyi, DRE#01986720 Wetrust Realty