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2503 Central Ave, 
South El Monte, CA 91733

$1,950,000


Bed


Bath


-

Sq Ft


0.65

Acres (Lot)


Land

Active

Listed by

Oscar Diaz

Marcus & Millichap

310-909-5500

Last updated:

January 18, 2026, 02:41 PM

MLS#

25569231

Source:

CA CLAW

About This Land

2503 Central Ave

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.

Land Facts

Description/Design:

Land

Lot Size (Acres)

0.65

MLS #:

25569231

Last Updated:

January 18, 2026, 02:41 PM

Added:

5 month(s) ago


Finances & Disclosures

Finances

Price:

$1,950,000

Source:CA CLAW
The information being provided by The Mls/Claw is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 The Mls/Claw All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.