El Monte Mixed Use Development Site | 2446 Durfee Ave
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El Monte Mixed Use Development Site 2446 Durfee Ave
3,416 SF 100% Leased Retail Building El Monte, CA 91732 $1,900,000 ($556/SF)
Investment Highlights
- Mixed Use Development Opportunity
- High Density Community
- High Traffic Counts
Executive Summary
Five Heights Realty Corp is pleased to present for sale 2446 Durfee Ave, a street-front, mixed use, commercial property in the city of El Monte. The property consists of a ±2,000 SF street front retail building, a ±1,400 SFR with 2 Bedrooms and 1 Restroom on a ±17,566 SF lot centrally located in a dense city in the San Gabriel Valley. Located on a busy street with high vehicular traffic, the street front building faces Durfee Ave and is in close proximity to retail and amenities. Conveniently located off the 60 and 605 Freeways, and a short commute to DTLA. Gated lot provides ample parking and security. Currently a single tenant leases the entire property as a specialty motorcycle customization and showroom business. The property benefits from recent capital improvements in the area including new street improvements and street signage. Buyer to conduct their investigations to suit their use. Property may delivered vacant or with tenant.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
3,416 SF
Building Class
C
Year Built
1947
Price
$1,900,000
Price Per SF
$556
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
0.40 AC
Zoning
MMU - Commercial Residential Mixed Multiple Use; FAR 1.0, Max 50 feet high.
Parking
7 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
75 FT on Durfee
Amenities
- Air Conditioning
Walk Score ®
Very Walkable (74)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 8108-012-002 | Improvements Assessment | $268,048 |
Land Assessment | $857,760 | Total Assessment | $1,125,808 |
PROPERTY TAXES
Parcel Number
8108-012-002
Land Assessment
$857,760
Improvements Assessment
$268,048
Total Assessment
$1,125,808
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El Monte Mixed Use Development Site | 2446 Durfee Ave
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