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For SaleLuxury

$4,800,000

28,928 sqft$166/sqft323 days on market

2357 Durfee Ave

El Monte, CA 91732

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

28,928

Square feet

1952

Built

Listing narrative

Description

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.

Listing agent (MLS): CLAIRE CHENG · Listing brokerage (MLS): RE/MAX Premier Properties

Property Details

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Price

$4,800,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Mixed Use

Home Size

28,928 sqft

Baths

Baths n/a

Lot Size

0.66 acres

Year

1952

Status

For Sale

Days on Market

323

$ / Sqft

$166

· 8% down, 7% APR, 30yr fixed
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Courtesy of RE/MAX Premier Properties