11407 Garvey Avenue, El Monte, CA 91732

$1,688,000
List Price
$1,688,000
MLS#
819001217
Lot Size
16,988
Property Type
Land
Status
Active

Property Description

Land Advisors Organization is pleased to present Garvey Mixed-Use, an exceptional development opportunity for builders looking to capitalize on the tax benefits of Opportunity Zones. Investments made by individuals and entities through designated funds in these zones will be eligible to defer and/or eliminate federal taxes on capital gains. The Property has a condominium map for 12 units and 2,561 SF of retail, and it will be delivered with Ready-to-Issue ('RTI') permits. The estimated time to building permits is 60 days; however, the Buyer may change retail to 3-4 moderately priced affordable units. Located within the federally designated opportunity zone, this prime infill location offers great incentives for builders and residents.

Additional Information

Electric
In Street
Gas
In Street
View
School District
El Monte Union
Association Dues
7.0
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Park Place Partners, Inc., Richard Byrd.

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