3903 Gilman, El Monte, CA 91732

$1,188,800
List Price
$1,188,800
MLS#
CV23205046
Status
ACTIVE
Type
Land

Property Description

Attention all investors , developers, and builders: Come see this amazing property consisting of a 2 bedroom 1 bath, House plus a converted 1 bedroom 1 bath garage sitting on a huge 1/2 Acre = 21,669 square feet LOT located in a prime area of El Monte surrounded by new developments! The city will allow you to do a Subdivision / Tract Map / PUD / Apartment Building to build 5 brand new Houses, PUDs, Condos, Townhouses, (each unit should easily sell around $800K + each) or multiple apartments. Please look at the adjoining and surrounding lots . What a better way to address the housing shortage while making a nice profit.

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of RE/MAX MASTERS REALTY, Cesar Navarro.