11346 Stewart StEl Monte, CA 91731

  • Land
  • 0.26 AC
For Sale
$1,050,000 View listing

Property Details for 11346 Stewart St

Year built
1962
Lot size
0.26 AC
Zone code
EMM1*
Property type
Land
Property subtype
Other industrial land
APN
8567-022-006
APU
8567022006

Description

This exceptional 11,427 square foot commercial lot, located at 11346 Stewart St, El Monte, CA 91731 (APN 8567022006), presents a remarkable investment opportunity. Priced at $1,050,000 ($96/SF), this flat, vacant land is zoned C3 (General Commercial), aligning with the General Plan Land Use. Phase 1 development was completed in 2023. The property's strategic location offers easy access to the 10 Freeway, placing it within close proximity to numerous shopping centers and major employers in the heart of El Monte. The C3 zoning permits a wide array of uses, including retail, business, professional, and personal services, recreation, entertainment, and transient lodging. Importantly, cannabis cultivation, distribution, and manufacturing are also possibilities. The zoning also allows for uses typically found in C-2, C-1, and R-4 zones. A warehouse (retailer or retail warehouse) is a permitted use, though further investigation with the city is recommended by prospective buyers to ensure alignment with specific needs. Note that open truck parking or storage is not permitted. Potential uses include multi-family housing, adult daycare, drug/alcohol treatment facilities, childcare, elder care/assisted living, and cannabis-related businesses. The city adopted a new zoning code on June 21, 2022

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,936,593
    Hospitality
    $3,605,898
    Educational
    $3,000,065
    Medical
    $3,103,242
    Retail
    $4,666,768
11346 Stewart St, El Monte, California
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Location Insight

City
El Monte
County
Los Angeles
State
California
Latitude
34.072
Longitude
-118.027
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$1,686
$102,080
-
$102,080
-
-
-
-

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