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Listing Details

Status
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On Site
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MLS #
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School Ratings & Info

Description

* Developer and Investor Opportunity * Great corner lot in desirable El Monte location, Ideal for an owner work and live.The securely gated property features 1 free standing warehouse and 2 houses totally remolded in 2017. newer A/C and newer paint interior and exterior. the property is in move-in condition. 2349 Durfee Ave. is a warehouse could be retail and office.2357 Durfee Ave. is a 2-story house rented by two tenants month to month for $2,800 per month ($1,400 each.) 12242 Klingerman Street. is a 2 bed/1 bath single family house attached 2 car garage current tenant pay $1,400 per month.All tenants are month to month and stay in property for many years they love the property and pay rent on time. Please call LA for detail information.Property proposed to built 31 units including 23 senior condos, 6 medical condos and 2 retails. paid plans is included, property to be sale *AS-IS* *Where-IS* present condition seller will not do any warranty, buyer and buyer's agent to verify with city for all project permits and buyer to responsible for all cost of obtaining the entitlement and final permits.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-16T18:30:54.013. 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 deemed reliable but is not guaranteed accurate by the MLS or Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center. Licensed in the State of California, USA.
www.marknazzalrealty.com/homes/120044830
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2357 Durfee Avenue El Monte, CA 91732

  • Price: $2,680,000
  • Status: Active
  • Updated: 12 min ago
  • ID#: AR21170250
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Beds
0
Baths
0
½ Baths
0.66
Acres
1952
Built
Neighborhood:
619 - El Monte
County:
Los Angeles
Area:
619 - El Monte
Property Description
* Developer and Investor Opportunity * Great corner lot in desirable El Monte location, Ideal for an owner work and live.The securely gated property features 1 free standing warehouse and 2 houses totally remolded in 2017. newer A/C and newer paint interior and exterior. the property is in move-in condition. 2349 Durfee Ave. is a warehouse could be retail and office.2357 Durfee Ave. is a 2-story house rented by two tenants month to month for $2,800 per month ($1,400 each.) 12242 Klingerman Street. is a 2 bed/1 bath single family house attached 2 car garage current tenant pay $1,400 per month.All tenants are month to month and stay in property for many years they love the property and pay rent on time. Please call LA for detail information.Property proposed to built 31 units including 23 senior condos, 6 medical condos and 2 retails. paid plans is included, property to be sale *AS-IS* *Where-IS* present condition seller will not do any warranty, buyer and buyer's agent to verify with city for all project permits and buyer to responsible for all cost of obtaining the entitlement and final permits.
Exterior Features

Lot Features Corner Lot Number Of Separate Electric Meters 3 Open Parking Spaces 10 Parking Features AssignedDrivewayGarageGatedRv Gated Parking Total 12 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Sidewalks Current Financing None Garage YN Yes Gross Income 50400 Gross Scheduled Income 50400 Insurance Expense 3695 Land Lease YN No Laundry Features Inside Listing Agreement Exclusive Right To Sell Listing Service Entry Only Listing Terms Cash To New Loan Net Operating Income 9025 New Construction YN No New Taxes Expense 33000 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 3 Number Of Units Leased 2 Operating Expense 41375 Property Sub Type Mixed Use Rent Control YN No Security Features Carbon Monoxide Detector(S)Security GateSmoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 600 Water Sewer Expense 1200 Water Source Public Zoning Emm1

Listing provided courtesy of Audrey Pan of Century 21 Ludecke Inc.


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-16T18:30:54.013. 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 deemed reliable but is not guaranteed accurate by the MLS or Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center. Licensed in the State of California, USA.
 
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Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center
1473 Ford St., Suite 200
Redlands CA, 92373