Asking Price: $475,000 | ​​​​​​​

Residential lot consisting of approximately **7,420 square feet**, with dimensions of approximately **59 feet by 126 feet**. The property is zoned **R-3 (Multiple-Family Residential)**. Under the current development scenario confirmed by the City of El Monte, the property may accommodate **one primary residence, one ADU, and one JADU**, subject to applicable City requirements. The lot meets the City's basic **lot size and depth requirements**. The lot width is approximately **58.9 feet**, which is approximately **1.1 feet below the City's 60-foot width requirement**. Because of this width deficiency, development involving additional primary dwelling units or condominium construction would require **Planning Commission review and approval**. The City has indicated that **additional multifamily or condominium development may potentially be considered** with the required approval. The City has not confirmed a specific number of additional units. The final development capacity would depend on the proposed site plan and compliance with applicable requirements, including **parking, setbacks, open space, lot coverage, FAR, landscaping, building height, driveway access, and emergency access**. Parking requirements for multifamily development would vary based on the number, size, and bedroom count of the proposed units and may affect the final development plan. For a single-family development, the property would require a **Zone Clearance and applicable building permits**. Additional primary dwelling units or condominium development would require further **City review and Planning approval**. Additional review may also be required from **Building & Safety, Engineering, Fire, and other applicable agencies**, depending on the proposed development. The property is located within an established residential area of El Monte with access to **local streets, schools, parks, shopping, dining, and major transportation routes**. **Buyers should independently verify zoning, permitted uses, lot dimensions, development standards, parking requirements, setbacks, access, utility availability, entitlement requirements, and all other development potential with the **City of El Monte and applicable agencies**.