El Monte Guide for Commercial Real Estate

*For informational purposes only. Not to beĀ construed as legal advice.

History of El Monte

The city of El Monte first got its first settlers during the California Gold Rush in the late 19th century. Agriculture was the core in the economy of El Monte and it remained that way well into the early 20th century. After the Great Depression in the 1930s, El Monte subdivided its large tracts of agriculture into smalled sized home lots, transforming its agricultural community to a bedroom community. Railroad stops were introduced to the area and a railroad depot opened by Southern Pacific further stimulated the city of El Monte.

Economy

According to the data from the Census Bureau, the average housing income for El Monte lands at $43,504. There are a total of 9,866 total businesses with a total of 50,025 employees estimated in 2012. The total average housing unit value lands at $401,000.

Household IncomeTotal BusinessesEmployeesAverage Housing Value
$43,5049,866 (2012)50,025$401,000

Demographics

According to the 2010-2015 ACS, the median age for El Monte is at around 35.4 years. There is a majority Latino population, landing at 65.2%, Asian alone 29%, and 4.01% white alone.

Total PopulationPercent with College Degree or Above
115,586 (estimated 2018)11.6% (2013-2017)

Age Distribution

<5yr<18yr>65+yr
5.8%23.9%12.6%

Commercial Real Estate

El Monte offers plenty of opportunities for those looking to invest in commercial real estate. View some of the available listings that we are currently brokering, as well as previously sold properties.

Commercial Real Estate Listings near El Monte

Properties Sold

Resources

Check out these free resources to help you manage your commercial real estate portfolio.

Glossary of Commercial Real Estate Terms

Free Commercial Property Valuation

Commercial Real Estate Blog

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