3733 Durfee Ave - Multi-Family FOR SALE


El Monte, CA 91732- Mountain View
$3,400,000 USD
310-351-0481
3733 Durfee Ave, El Monte, CA for Sale
$3,400,000 USD
Multi-Family - FOR SALE
1/7
null | 6.13% Cap Rate

3733 Durfee Ave
El Monte, CA 91732
Mountain View


HIGHLIGHTS

  • Value-Add Building ~25% Upside in Rents
  • No Local Rent Control
  • 4 Units Delivered Vacant
  • Upgraded Electric Main Panel | All New Windows

OVERVIEW

**CONTACT LISTING AGENT DIRECTLY** NICK HAYNER 310.994.9158 or NICK@MAYWOODPROPERTYGROUP.COM This 14-unit apartment community in the City of El Monte offers a balanced mix of six 2-bed/1-bath and eight 1-bed/1-bath units with four delivered vacant (three 1+1s and one 2+1) providing immediate value-add upside through renovation and lease- up at market rents. The property has received significant capital upgrades including a new roof (2017) with warranties, upgraded main electrical panel, all-new windows, a new main-to- street plumbing line (2022), security cameras and lighting, and secure gated entry. Only one unit has been fully renovated, offering a model for interior improvement potential. An unfinished on-site laundry facility provides an additional revenue opportunity, expected to generate roughly $200/month plus rental premium once completed. The property includes 18 parking spaces with covered parking. This offering presents an excellent opportunity for investors seeking both stability and upside in a strong San Gabriel Valley rental market.

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$299 USD /SF

# OF UNITS

14

PRICE/UNIT

$242,857

CAP RATE

6.13%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Roybal Haven Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,743 SF

ZONING

-

APN/PARCEL ID

8549-016-011

ASK ABOUT THIS PROPERTY

Marc BretterMaywood Property GroupMore Info
310-351-0481

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Marc BretterMaywood Property GroupMore Info
310-351-0481

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