The G5, located in El Monte, California at, is part of the Gateway Specific Plan and is one of two remaining developable parcels. The 3.72- acre property located at 3335 Santa Anita Avenue is bounded on the West by Interstate 10 and on the North and East by Gateway Specific Plan’s South Promenade Village and Mixed-use Sub-District. The Property currently has two leases in-place generating approximately $279,600 in annual parking revenue. Leases will not affect pursuit
of entitlements or future development. The Property, footsteps away El Monte Station, is in a “Transit Priority Area” (TPA), and will qualify for, among other benefits, reduced parking and entitlement and CEQA streamlining.
G5 provides investors a tremendous opportunity to develop in one of San Gabriel Valley’s most central transit enabled locations. Situated next to the El Monte Transit Center and visible from the I-10 freeway, The Property commands
significant attention and will remain extremely desirable for years to come due to its accessibility. Moreover, there are only two properties (100+ unit size) under construction within a 3-mile radius of G5 providing a potential investor with the
opportunity to become a major player right away in a supply-constrained and growing El Monte submarket.
