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Large Lot with Development Potential
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Pending

3903 Gilman, El Monte, CA 91732

Half-acre lot in El Monte suitable for development.

Property SizeContact for details
Lot Size0.50 Acres
Days on Market612

Property Features for 3903 Gilman

General Information

Standard status Pending
Lot size 0.50 Acres
Property subtype Land
Zoning 2024-11-07
Listing Agency: Re/Max Masters Realty
Listed By: Cesar Navarro · License #CA
Source: Crexi
Added: Feb 4, 2025 Changed: Sep 10 Last Checked: Oct 7 at 8:55AM

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

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Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Daycare Center Gym & Fitness Center Accounting Firm Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

442
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 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.
(626) 967-1779 Call to check price and availability
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