Active
$1,590,000
6%
3 Units
2 Beds
1 Baths
3,416 Area(sq.ft.)
Lot: 17,571 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 1 | No | $ 2,700 | $ 2,700 | $ 3,000 |
| Unit 2 | 2 | studio | 1 | No | $ 2,500 | $ 5,000 | $ 6,000 |
| 3 | 2 | 3 | $ 7,700 | $ 12,700 | $ 15,000 |
| MLS #: | 25520413 |
| Days On Market: | 245 |
| Listing Date: | April 4, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 465 |
| Price per unit: | $ 530,000 |
| Year Built: | 1963 |
Property Details
Five Heights Realty Corp is pleased to present for sale 2446 Durfee Ave, a street-front, mixed use, commercial property in the city of El Monte. The property consists of a 2,400 SF street front retail building, a 1,000 SFR with 2 Bedrooms and 1 Restroom on a 17,566 SF lot centrally located in a dense city in the San Gabriel Valley. Located on a busy street with high vehicular traffic, the street front building faces Durfee Ave and is in close proximity to retail and amenities. Conveniently located between the 60 and 10 Freeways, off the 60 Freeway, and a short commute to DTLA. Gated lot provides ample parking and security. Currently a single tenant leases entire property as a specialty motorcycle customization business and showroom. The property benefits from recent capital improvements in the area including new residential and mixed-use developments, new street improvements and street signage. Buyer to conduct their investigations to suit their use and all information. Property may delivered vacant or with current tenant.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Gross Operating Income: | $ 92,400 |
| Total Annual Expense: | $ 27,669 |
| Net Operating Income: | $ 64,731 |
| Gross Annual Income: | $ 92,400 |
| Cap Rate: | 3.81% |
| Gross Rent Multiplier: | 18.40 |
| Actual Gross Rent: | $ 92,400 |
Structure
| Type of Units: | Commercial |
| Buildings: | 3 |
| Levels: | One |
| Style: | Bungalow |
Land & Parking
| Zoning: | MMU |
| Land Lease Type: | Gross |
| Parking Garage: | Driveway, Direct Entrance, Driveway - Gravel, Gated, Garage Is Detached, Garage - 2 Car |
| Total Parking: | 24 |
Interior
| AC/Cooling: | Window Unit(s), Air Conditioning |
| Equipment: | None |
| Heating: | Wall, Central |
Exterior
Detailed Map
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Income
