11407 Garvey Avenue El Monte, CA - 91732

  • El Monte Homes For Sale
  • Status Active
  • MLS# 819001217
  • List Price $1,688,000
  • Bedrooms N/A
  • Days On Market 153
  • Acres 0.39
  • Sq.ft 16988
  • Sale Type Standard
  • Type Land

Property Description

Land Advisors Organization is pleased to present Garvey Mixed-Use, an exceptional development opportunity for builders looking to capitalize on the tax benefits of Opportunity Zones. Investments made by individuals and entities through designated funds in these zones will be eligible to defer and/or eliminate federal taxes on capital gains. The Property has a condominium map for 12 units and 2,561 SF of retail, and it will be delivered with Ready-to-Issue ('RTI') permits. The estimated time to building permits is 60 days; however, the Buyer may change retail to 3-4 moderately priced affordable units. Located within the federally designated opportunity zone, this prime infill location offers great incentives for builders and residents.

Features & Utilities

  • Driving Directions Peck Road and Garvey Avenue
  • Lot Features 16-20 Units/Acre
Courtesy of Listing : Park Place Partners, Inc., Richard Byrd

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