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+16262723816
century 21 masters
3462 Durfee, El Monte, CA 91732
- $2,999,999
- List Price
- $2,999,999
- Status
- COMING SOON
- MLS#
- RS26240612
- Year Built
- 1962
- Lot Size
- 15,353
- Acres
- 0.35
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 1
- Property Type
- Multifamily
- Property Sub Type
- Apartment
Property Description
Completely remodeled 7-unit apartment building in El Monte, delivered 100% vacant and ready to go! Each unit has been fully renovated with custom white oak cabinets, brand-new flooring, quartz countertops in every kitchen, and beautiful bathrooms with ceramic tile walls and porcelain tile floors. Spacious mix of four 3-bedroom/1-bath and three 2-bedroom/1-bath units, offering a 7.55% pro forma cap rate at list price based on current Section 8 payment standards. An incredibly versatile property, perfect for sober living, transitional or shared housing, and many other income-producing ventures. Set on a large ±15,353 SF lot with a 7-car garage near shopping, schools, restaurants, parks, and freeways. A rare turnkey opportunity with no deferred maintenance. Be sure to view the photos and video tour to see the stunning finishes in every unit. Buyer to verify all information, zoning, and permitted uses with the City of El Monte.
Additional Information
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- Garage Spaces Total
- 7
- Sewer
- Sewer Tap Paid
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 7
- Gross Scheduled Income
- $273,000
- Operating Expense
- 46500
Listing courtesy of Listing Agent: Mark Perez (mark@socalpropertiesteams.com) from Listing Office: Circle Real Estate.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.