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$2,999,999

FOR SALE
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3462 Durfee

El Monte, CA

MLS# RS26240612

Apartment
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Listing Agent

Mark Perez

Listing Agent

Circle Real Estate

DRE #: 01279393

(562) 754-0660

Brokerage: Circle Real Estate

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1962

Year Built

0.35 acres

Lot Size

N/A

Price/Sq Ft

7

Garage Spaces

N/A

HOA

Apartment

Property Type

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.

Facts & Features

Interior

Fireplace
No
Laundry Features
Community Laundry

Exterior

Private Pool
No
Lot Features
0–1 Acre Lot

Building

Year Built
1962
Building Area Total
5,768
Stories Total
1

Utilities

Heating
Wall Furnace
Cooling
None
Utilities
None
Sewer
Sewer Tap Paid
Water Source
Public

Parking

Garage Spaces
7
Parking Features
Assigned
Parking Total
7

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