903 Las Lomas Rd - Multi-Family FOR SALE


Duarte, CA 91010
$1,725,000 USD
626-993-4900

NO PHOTO

$1,725,000 USD
Multi-Family - FOR SALE
null | Request Cap Rate

903 Las Lomas Rd
Duarte, CA 91010


HIGHLIGHTS

  • Four detached homes on a large 0.71-acre lot with separate utility meters for each unit.
  • Two units recently remodeled, reducing immediate capital needs and enhancing rental appeal.
  • All tenants on month-to-month leases, providing flexibility for repositioning or redevelopment.
  • Gross scheduled income of approximately $118,140 annually, supporting strong cash flow.
  • Convenient access to the 210 and 605 freeways, with nearby retail, schools, and parks.

OVERVIEW

4 separate homes on an over 30,000 square foot lot. Could add ADU, turn into condo, lot split or leave as is. This rare residential income property offers a compelling investment opportunity in Duarte, California. Situated on an expansive 0.71-acre lot, the asset comprises four detached homes, providing immediate rental income and long-term upside potential. Two of the homes have been recently remodeled, enhancing tenant appeal and reducing near-term capital expenditure. Each unit is separately metered for gas, water, and electricity, ensuring operational efficiency and simplified management.

FOR SALE DETAILS

PRICE

$1,725,000 USD

PRICE/SF

$56 USD /SF

# OF UNITS

4

PRICE/UNIT

$431,250

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

903 Las Lomas Road

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,872 SF

ZONING

DUR165

APN/PARCEL ID

8604-008-019

ASK ABOUT THIS PROPERTY

Doug MeyerColdwell Banker Commercial RealtyMore Info
626-993-4900

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Doug MeyerColdwell Banker Commercial RealtyMore Info
626-993-4900

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