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10561 Santa Fe Drive

El Monte, CA 91731
  • $10,000,000
  • STATUS: Active
  • ON SITE: 217 Days
  • ID#: SR22086793
UPDATED: 25 min ago
$10,000,000
  • 0
    BEDS
  • 1.86
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Loren Thall of Dominion Corporation (310-477-3041)


Description

The property is a fully-entitled, parcel that will become an approximately 175,113-square foot, five-story, residential development project in El Montes master planned development called El Monte Gateway. The project is approved for 212 residential units with below-grade resident parking for up to 175 cars and storage. Full set of plans are available with the purchase.Gateway location offers easy access to all Los Angeles has to offer. The development is a short walk from the newest and largest regional transit hub in the Los Angeles, County MTA network. This station also offers a dedicated busway that transports passages to downtown Los Angeles and bypassing the typical traffic on the region's busy freeways. Located approximately 12 miles east of downtown Los Angeles, El Monte is the hub of the San Gabriel Valley, where two major freeways - Interstates 605 and 10 - intersect and is the ninth largest city (out of 88) in Los Angeles County with a population of approximately 120,000.Gateway Apartments is an extremely rare opportunity to acquire a fully-entitled land site with approved market rate apartment units of scale in the heart of one of Los Angeles Countys top 10 biggest cities.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-12-01T17:34:40.083. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Elite Real Estate Group | Keller Williams Realty Central Coast. Licensed in the State of California, USA.
www.swackrealestategroup.com/homes/128126857
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10561 Santa Fe Drive El Monte, CA 91731

  • Price: $10,000,000
  • Status: Active
  • On Site: 217 Days
  • Updated: 25 min ago
  • ID#: SR22086793
0
Beds
0
Baths
0
½ Baths
1.86
Acres
Neighborhood:
619 - El Monte
County:
Los Angeles
Area:
619 - El Monte
Property Description
The property is a fully-entitled, parcel that will become an approximately 175,113-square foot, five-story, residential development project in El Montes master planned development called El Monte Gateway. The project is approved for 212 residential units with below-grade resident parking for up to 175 cars and storage. Full set of plans are available with the purchase.Gateway location offers easy access to all Los Angeles has to offer. The development is a short walk from the newest and largest regional transit hub in the Los Angeles, County MTA network. This station also offers a dedicated busway that transports passages to downtown Los Angeles and bypassing the typical traffic on the region's busy freeways. Located approximately 12 miles east of downtown Los Angeles, El Monte is the hub of the San Gabriel Valley, where two major freeways - Interstates 605 and 10 - intersect and is the ninth largest city (out of 88) in Los Angeles County with a population of approximately 120,000.Gateway Apartments is an extremely rare opportunity to acquire a fully-entitled land site with approved market rate apartment units of scale in the heart of one of Los Angeles Countys top 10 biggest cities.
Exterior Features

Fencing Chain Link Lot Features Over 40 Units/AcreNear Public TransitRectangular Lot Road Frontage Type City Street Road Surface Type Paved View Mountain(S) View YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features BikingCurbsSidewalks Current Financing None Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashOwner May Carry New Construction YN No Senior Community YN No Special Listing Conditions Standard Tax Annual Amount 88281 Water Source Public Zoning Emm2*



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-12-01T17:34:40.083. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Elite Real Estate Group | Keller Williams Realty Central Coast. Licensed in the State of California, USA.
 
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Elite Real Estate Group | Keller Williams Realty Central Coast
1851 Shell Beach Road Ste B
Shell Beach CA, 93449
Listing Agent(s): Loren Thall of Dominion Corporation (310-477-3041)