2503 Central Ave — Sale in South El Monte, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Commercial Land
  • Location: South El Monte, CA 91733

Description

Marcus & Millichap is pleased to present 2503 Central Avenue, a rare infill multifamily development opportunity located in the heart of South El Monte. Just south of the intersection of Central Avenue and Rosemead Boulevard, the property enjoys exceptional visibility, immediate access to the 60, 10, and 605Freeways, and is surrounded by a mix of established neighborhoods, industrial employers, and major retail corridors. Zoned SER3* (Multi-Family Residential), the site spans approximately ±28,210 square feet (±0.65 acres) with ±100 feet of frontage along Central Avenue and a depth of approximately510 feet. This oversized lot offers a wide range of development possibilities including apartments, duplexes, or townhomes. The parcel is level and includes an existing residential structure that may offer interim rental income or serve as a short-term owner-occupant solution during entitlement or design phases. Importantly, the property may qualify for additional density under SB 1211, California’s new pro-housing legislation aimed at streamlining infill development in transit-rich and jobs-adjacent areas. For developers, this provides an opportunity to unlock greater unit potential and accelerate project timelines, maximizing both scale and long-term value. Combined with the city’s supportive stance on housing production, this site presents significant upside for both builders and long-term investors. The South El Monte submarket continues to benefit from limited housing inventory, consistent rental demand, and its strategic location within the San Gabriel Valley, proximate to employment centers in El Monte, Rosemead, and Whittier. The median household income in the City of South El Monte is approximately $83,562, signaling economic stability and strong appeal among working families and young professionals. Nearby amenities include national retailers such as Costco, Target, Home Depot, and In-N-Out, as well as recreational destinations like the Whittier Narrows Recreation

Market Context

This land in South El Monte, CA is listed for sale. It has been on the market for 100 days. Compare it against other land listings for sale in South El Monte, CA — view the full market.

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