2319 Durfee Avenue

El Monte , CA 91732

MLS#: CV25167036

$5,488,900

Status: Active
Listing number: CV25167036
Listing provided by: RE/MAX MASTERS REALTY
Listing agent phone: None
Last update: 2 months ago
On site: 2 months ago
Browse Properties
Main image without alt text

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1979

Sq.Footage

N/A

Welcome to "Twin Palms Estate" an amazing income producing property! 18 Unit mixed Retail / Proffessional / Commercial / Multifamily apartment complex located in the heart of the Mountain View neighborhood between the activity nodes of Durfee Ave and Klingerman St, and Durfee Ave and Fineview St. of El Monte California. This property consists of 5 buildings totaling 10,355 square feet on a 30,542 square feet lot with 122 ft frontage on Durfee Avenue. It's conveniently located minutes from California freeways 10, 60, and 605. Nearby amenities include 3 shopping centers, 5 parks, including the Whittier Narrows Nature Center and Whittier Narrows Recreation Area and a close proximity to industrious South El Monte. 2319 Durfee Avenue is a well-maintained, fully occupied complex with a good projected income!

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central, Wall Furnace

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Features

    Back Yard, Level, Near Public Transit, Paved

  • Lot Size(acres)

    0.7014

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $5,488,900

  • Tax Amount

    19180.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Cesar Navarro , RE/MAX MASTERS REALTY

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent LinaMirza

FOUNDER

LinaMirza

Call Lina today to schedule a private showing.

(818) 321-0175

Lina@theosrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Welcome to "Twin Palms Estate" an amazing income producing property! 18 Unit mixed Retail / Proffessional / Commercial / Multifamily apartment complex located in the heart of the Mountain View neighborhood between the activity nodes of Durfee Ave and Klingerman St, and Durfee Ave and Fineview St. of El Monte California. This property consists of 5 buildings totaling 10,355 square feet on a 30,542 square feet lot with 122 ft frontage on Durfee Avenue. It's conveniently located minutes from California freeways 10, 60, and 605. Nearby amenities include 3 shopping centers, 5 parks, including the Whittier Narrows Nature Center and Whittier Narrows Recreation Area and a close proximity to industrious South El Monte. 2319 Durfee Avenue is a well-maintained, fully occupied complex with a good projected income!

2319 Durfee Avenue

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

12207-12213 Valley Blvd and 3122 Maxson Rd, a single tenant automotive dealership located along the well-known Valley Blvd in El Monte, CA. This is the first time these properties ever offered for sale since the owner bought the first one in 1979 (±45 years). This property offers a unique opportunity for savvy developers providing a clean slate redevelopment project. Situated on a large ±1.3-acre (±56,898 SF) corner lot, the site boasts approximately ±183 feet of prime street frontage along the highly sought-after Valley Blvd. This area is renowned for its rapid redevelopment, with many significant projects either completed or in progress. Recent residential condominiums’ sales comparable show attractive sold condo prices ranging from $645,000 to $742,000 per condo (MLS sales comps from May 2024 - buyer to verify). The property is zoned C3 (Commercial Mixed-Use, buyer to verify), offering a variety of potential uses, including residential (R4) and commercial (refer to Development Guidelines for details). The site benefits from a daily traffic count of approximately ±23,380 vehicles on Valley Blvd and ±214,000 VPD on 10FWY, providing superb exposure. Valley Blvd serves as the primary retail corridor for several cities in the San Gabriel Valley, including Alhambra, San Gabriel, Rosemead, and El Monte. The flow of both foreign capital and local investments has fueled rapid growth and development in the region over the past decade. Currently, the property houses a single-story car dealership and auto-body shop totaling ±9,389 SF, divided into several units. The anchor tenant, Lucy’s Auto Dealership, occupies about 85% of the space (±8,000 SF), with the remaining area leased to an auto-body shop. The property includes expansive parking, adding further value to the investment. The C3 zoning allows for a wide range of redevelopment options. Potential uses include mixed-use residential, retail and office spaces, community care facilities, assembly & entertainment venues, and more. A buyer may also consider subdividing the lot for residential development on one parcel while maintaining commercial use on another, or even redeveloping the site into a hotel. Buyers should conduct their own investigations with the city of El Monte to explore specific opportunities. The property is strategically located along Valley Blvd, a major retail corridor in the west San Gabriel Valley, which is particularly popular among affluent Asian investors from China, Taiwan.
#AR25250132

El Monte

12207 12213 Valley Boulevard

None Beds

None Baths

9,389 Sq.Ft.

$6,000,000

MLS#: AR25250132

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here