Multi-Family investment property in El Monte, CA. Offered at a 5% capitalization rate, this fully occupied quadruplex property generates a positive rate of return with rental upside perfect for a 1031 exchange, first time investment property or an owner-user buyer. Situated on approximately 21,869 sqft (0.5 acre) with major street access from Durfee Avenue between Ramona Blvd and I-10 at Garvey Avenue, this property includes four freestanding single story units with individual laundry hook ups and three two-car garages to total ten bedrooms and 6 bathrooms. Located in a dense infill suburban market located 0/5 miles north of I-10 freeway, near the 605 freeway interchange, this area in El Monte is an excellent locale for continued rental demand
Off market
$1,477,400
3830 Durfee Ave, El Monte, CA 91732
--beds
0baths
4,546sqft
MultiFamily
Built in 1947
-- sqft lot
$1,477,400 Zestimate®
$325/sqft
$2,641 Estimated rent
Owner options
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Estimated market value
$1,477,400