Large Lot with Development
For Sale
$1,188,800
Pending
3903 Gilman Road, El Monte, CA 91732
Half-acre lot in El Monte suitable for development.
Property SizeContact for details
Lot Size0.50 Acres
Days on Market1012
Property Features for 3903 Gilman Road
General Information
Standard status
Pending
Lot size
0.50 Acres
Property subtype
Lots/Land
Listing Agency:
RE/MAX MASTERS REALTY
(626) 806-4140
Listed By:
Cesar Navarro · License #01250916
(626) 806-4140
Source:
Exitrealty
Added: Nov 5, 2023
Changed: Aug 8
Last Checked: Aug 8 at 6:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX MASTERS REALTY
Investment Insights
Based on property information with market context.
This property features a 2-bedroom, 1-bath house and a converted 1-bedroom, 1-bath garage, situated on a 0.5-acre lot, which is equivalent to 21,669 square feet. Located in El Monte, the property is surrounded by new developments. The city permits subdivision, tract map, planned unit development (PUD), or apartment building construction, potentially allowing for the development of 5 new houses, PUDs, condos, or townhouses. The property is presented as an investment opportunity for developers and builders, with the potential to address housing shortages and generate profit.
Key Highlights
- Large 1/2 Acre (21,669 sq ft) lot in El Monte.
- Development potential: Subdivision/Tract Map/PUD/Apartment Building possible.
- City allows building 5 new houses/PUDs/condos/townhouses or multiple apartments.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
610
Businesses Nearby
Explore this area
Business Placement
Demographics for 91732, CA
60,137
Population
15,995
Households
3.8
Avg Household Size
36
Median Age
15%
College-Educated
66%
High-School Grad
4.5 sq mi
ZIP Area
13,364
Density / Sq Mi
$67,172
Median Household Income
$31,884
Median Earnings
$1,752
Median Rent
$628,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Half-acre lot in El Monte suitable for development.
Where is this residential land & home lot located?
The property is located at 3903 Gilman Road El Monte, CA.
What is the asking price?
The asking price for this property is $1,188,800.
What are key features of this property?
This property features: Large 1/2 Acre (21,669 sq ft) lot in El Monte.; Development potential: Subdivision/Tract Map/PUD/Apartment Building possible.; City allows building 5 new houses/PUDs/condos/townhouses or multiple apartments.
