2357 Durfee Ave - Storefront Retail/Residential FOR SALE


El Monte, CA 91732- Mountain View
$4,800,000 USD
626-675-3888
2357 Durfee Ave, El Monte, CA for Sale
$4,800,000 USD
Storefront Retail/Residential - FOR SALE
1/18
null | 6.04% Cap Rate

2357 Durfee Ave
El Monte, CA 91732
Mountain View


HIGHLIGHTS

  • Fully Approved Mixed-Use Project-Ready to build 4-story development with 26 units and 4 units of commercial

OVERVIEW

Prime Developer & Investor Opportunity – Fully Approved Mixed-Use Project Exceptional corner lot in a highly desirable El Monte location, ideal for owner-user, investment, or immediate development. This securely gated property includes one free-standing warehouse and two residential homes, all remodeled in 2017 with newer A/C systems and fresh interior/exterior paint. Current Improvements & Income: 2349 Durfee Ave. – Free-standing warehouse suitable for retail or office use 2357 Durfee Ave. – Updated 2-story home, fully rented month-to-month by two tenants 12242 Klingerman St. – 2 bed / 1 bath SFR with attached 2-car garage, All tenants are long-term, month-to-month, pay on time Development Highlights: Fully Approved Mixed-Use Project. Ready to Build. Approved for a 4-story development featuring 26 residential units and 4 commercial units (Paid plans included) Fantastic opportunity to secure a turn-key development site with existing income in a strong, centralized El Monte location. Call Listing Agent 626-321-1410 for full plans and details.

FOR SALE DETAILS

PRICE

$4,800,000 USD

PRICE/SF

$584 USD /SF

CAP RATE

6.04%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

MOUNTAIN VIEW PLACE

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

MMU

APN/PARCEL ID

8107-017-002

ASK ABOUT THIS PROPERTY

GREG CHOUGreg ChouMore Info
626-675-3888

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GREG CHOUGreg ChouMore Info
626-675-3888

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.