Properties

South El Monte, CA 91733 2503 Central Avenue

2503 Central Avenue South El Monte, CA - Image 12503 Central Avenue South El Monte, CA - Image 22503 Central Avenue South El Monte, CA - Image 3
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2503 Central Avenue South El Monte, CA - Image 42503 Central Avenue South El Monte, CA - Image 52503 Central Avenue South El Monte, CA - Image 62503 Central Avenue South El Monte, CA - Image 72503 Central Avenue South El Monte, CA - Image 8
Presented By: Oscar Diaz with Marcus & Millichap;
  • MLS# 25569231
  • 08/07/2025
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We are pleased to present 2503 Central Avenue, a rare infill multifamily development opportunity located in the heart of South El Monte, which can be purchased with 2429 Central Avenue, located on the same block. 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 approximately 510 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 Area and El Monte Historical Museum further enhancing the site's appeal to future residents. With flexible zoning, access to potential SB 1211 benefits, excellent freeway connectivity, and a lack of competing development parcels, 2503 Central Avenue offers a compelling opportunity for multifamily developers seeking long-term appreciation, consistent rental demand, and strong exit potential in one of the San Gabriel Valley's most centrally located infill corridors.
Presented By: Oscar Diaz with Marcus & Millichap;

Interior Features for 2503 Central Avenue

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths

General for 2503 Central Avenue

CitySouth El Monte
CountyLos Angeles
DirectionsTo reach 2503 Central Ave in South El Monte from the I-10 and I-605 freeway junction, take I-605 S and exit at Peck Rd. Head north on Peck Rd, then turn left onto Central Ave. The property will be on your right.
Full Baths
HOANo
Lot Size Square Feet28210
Lot Size UnitsSquareFeet
MLS Area657 - So. El Monte
New ConstructionNo
PostalCitySOUTH EL MONTE
Property TypeLand
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
ZoningSER3*

Exterior for 2503 Central Avenue

Lot Dimensions94x300
Lot Size Acres0.6476
Lot Size Area28210
Lot Size SourceAssessor
Total Parking0

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,950,000
MLS#25569231
List Date 08/07/2025
Property Type Land
Phone 888.795.6274
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