Condominium buy in El Monte California

The property is a fully-entitled, parcel that will become an approximately 175,113-square foot, five-story, residential development project in El Monte's master planned development called El Monte Gateway. The project is approved for 212 residential units with below-grade resident parking for up to 175 cars and storage. Full set of plans are available with the purchase. Gateway location offers easy access to all Los Angeles has to offer. The development is a short walk from the newest and largest regional transit hub in the Los Angeles, County MTA network. This station also offers a dedicated busway that transports passages to downtown Los Angeles and bypassing the typical traffic on the region's busy freeways. Located approximately 12 miles east of downtown Los Angeles, El Monte is the hub of the San Gabriel Valley, where two major freeways - Interstates 605 and 10 - intersect and is the ninth largest city (out of 88) in Los Angeles County with a population of approximately 120,000. Gateway Apartments is an extremely rare opportunity to acquire a fully-entitled land site with approved market rate apartment units of scale in the heart of one of Los Angeles County's top 10 biggest cities. MLS® ID: SR22086793 Listed: 4/25/22 Updated: 10/4/22