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Listed by CLAIRE CHENG • RE/MAX PREMIER/ARCADIA
$4,800,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS-25270879
Year Built 1952
Property Sub-Type Mixed Use
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Prime Developer & Investor Opportunity – Fully Approved Mixed-Use Project
Exceptional corner lot in a highly desirable El Monte location, ideal for owner-user, investment, or immediate development. This securely gated property includes one free-standing warehouse and two residential homes, all remodeled in 2017 with newer A/C systems and fresh interior/exterior paint.
Current Improvements & Income: 2349 Durfee Ave. – Free-standing warehouse suitable for retail or office use 2357 Durfee Ave. – Updated 2-story home, fully rented month-to-month by two tenants. 12242 Klingerman St. – 2 bed / 1 bath SFR with attached 2-car garage, All tenants are long-term, month-to-month, pay on time
Development Highlights: Fully Approved Mixed-Use Project. Ready to Build. Approved for a 4-story development featuring 26 residential units and 4 commercial units(Paid plans included) Fantastic opportunity to secure a turn-key development site with existing income in a strong, centralized El Monte location. Call Listing Agent 626-321-1410 for full plans and details.
Exceptional corner lot in a highly desirable El Monte location, ideal for owner-user, investment, or immediate development. This securely gated property includes one free-standing warehouse and two residential homes, all remodeled in 2017 with newer A/C systems and fresh interior/exterior paint.
Current Improvements & Income: 2349 Durfee Ave. – Free-standing warehouse suitable for retail or office use 2357 Durfee Ave. – Updated 2-story home, fully rented month-to-month by two tenants. 12242 Klingerman St. – 2 bed / 1 bath SFR with attached 2-car garage, All tenants are long-term, month-to-month, pay on time
Development Highlights: Fully Approved Mixed-Use Project. Ready to Build. Approved for a 4-story development featuring 26 residential units and 4 commercial units(Paid plans included) Fantastic opportunity to secure a turn-key development site with existing income in a strong, centralized El Monte location. Call Listing Agent 626-321-1410 for full plans and details.
Location
State CA
County Los Angeles
Area 619 - El Monte
Interior
Heating Central
Laundry Dryer Included, Gas Dryer Hookup, Inside, Washer Hookup, Washer Included
Building
Lot Description Value In Land, Yard, Lot 20000-39999 Sqft, Corner Lot, 2-5 Units/Acre
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