KB Home, the Weswood-based development firm, recently purchased 13.5 acres of commercial land in South El Monte for $24 million on which it plans plan to build as many 200 homes. Zoning for the land, which was originally commercial, was changed to residential by city officials due to significant housing shortages in the San Gabriel Valley.
Pasadena Livery Stable Sells for $6M - Los Angeles Business Journal labusinessjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from labusinessjournal.com Daily Mail and Mail on Sunday newspapers.