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SFR Redevelopment | ADU Investment - Availability Details

4915 Peck Road, El Monte, CA 91732

  • For Sale $715,000
  • Property Type Other
  • Lot Size 0.5 Acre
  • Date Updated Sep 12, 2021
The site is located in a residential neighborhood at 4915 Peck Rd. The property shares a driveway/easement with it’s neighbors for access. The site has a total land square footage of 23,728 SF or 0.54 Acres and city utilities, making this a highly sought after residential lot. This is a great redevelopment opportunity for single family homes or ADU’s ranging from 1 Bedroom and 2 Bedroom styles, due to the high demand for housing in the area and the fact that the property is located within miles of Downtown Los Angeles. Another highly sought after amenity of the property is its convenient location to the 10 Freeway, 210, Freeway, 605 Freeway and the 60 Freeways, which will help tenants or builders have easy access to local jobs, metro stations and entertainment districts as well as local schools. An astute investor will benefit highly from this asset. Per the City of El Monte, a maximum of two (2) single-family dwellings would be permitted on the parcel. This would also allow a total of one (1) detached or attached ADU per single family dwelling for a maximum of two (2) ADUs up to 1000 square feet. An attached JADU is also permitted in addition to the ADUs so long as the owner lives in the dwelling.
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Location

  • City El Monte, CA
  • Neighborhood El Monte
  • Zip Code 91732
  • Market Los Angeles

Contacts

broker

David Cendejas

SVN | Vanguard

(714) 446-0600

Highlights

  • Centrally Located to Local Freeways, Entertainment Centers and Schools
  • 0.5 Acres of Residential Land off a Major Thoroughfare within the City of El Monte
  • One of last remaining develop-able lots in LA County
  • Minutes to Downtown Los Angeles
  • City Utilities in Place

Attachments

Contact Listing Broker

broker

David Cendejas

SVN | Vanguard

(714) 446-0600

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