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KB Homes project at 2540 Rosemead: 96 of 207 units sold; 21 affordable units tied to 55‑year covenant
Summary
City staff told the South El Monte Planning Commission that construction of the KB Homes development at 2540 Rosemead Boulevard is underway, with 125 permits issued and 96 units sold to date. The project includes 21 deed‑restricted affordable units under a 55‑year covenant; a city-run lottery drew 1,002 applicants.
City staff briefed the South El Monte Planning Commission on progress at the KB Homes development at 2540 Rosemead Boulevard, a previously approved site review for 207 new dwelling units that includes an on‑site affordability component.
The project, originally approved in March 2022, was presented as a mix of single‑family and multifamily units with 21 deed‑restricted affordable homes. "This project not only included new sidewalk, curved ramps, and gutters, but it also provided an affordability component," a Staff member said during the presentation. The staff update reported that construction began in 2025, 125…
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