2540 Durfee Avenue,  El Monte CA, 91732 (Residential Income)

2,231 sqft
Status: Sold
MLS#: WS16152255
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Last Updated: 12/7/2016 10:25 PM
Description for 2540 Durfee Avenue El Monte, CA 91732
Investor’s and business owner’s great opportunity to purchase these 3 units one story triplex (1 units front house and 2 units back house) with great cap rate. Total living area 2,231 sqft situated on 16,874 sqft lot zone for EMM1 (Mixed/Multiuse Zone with 1.0 FAR). Building can be converted to many other uses. Front detached house with 2 bedroom, 1 bathroom, and a permitted workshop can possible be used as 3rd bedroom. Back house has 2 units with 1 bedroom and 1 bathroom inside each of the unit with 2 car garage. Owner pays water and tenants pays for everything else. Buyer to perform their own due diligence and verify all information to their satisfaction. Buyer to pay and perform all local city requirements. Please do not walk on property. Drive by only. Offer subject to inspection.
Price
Sold Price:
$590,000
Sold Date:09/23/2016
Los Angeles
2,231 (approx)
WS16152255
Closed
Description
Investor’s and business owner’s great opportunity to purchase these 3 units one story triplex (1 units front house and 2 units back house) with great cap rate. Total living area 2,231 sqft situated on 16,874 sqft lot zone for EMM1 (Mixed/Multiuse Zone with 1.0 FAR). Building can be converted to many other uses. Front detached house with 2 bedroom, 1 bathroom, and a permitted workshop can possible be used as 3rd bedroom. Back house has 2 units with 1 bedroom and 1 bathroom inside each of the unit with 2 car garage. Owner pays water and tenants pays for everything else. Buyer to perform their own due diligence and verify all information to their satisfaction. Buyer to pay and perform all local city requirements. Please do not walk on property. Drive by only. Offer subject to inspection.
Listing Information
Property Type: Cluster, Other
0.38 Acres 1,687,400 sq.ft. 2,231 (approx)
$264.46 1944
Yes- 3 spaces
3 Total
Neighborhood
Room Information
Interior Features
Central Air
Bonus Room, Dining Room, Electric, Family Room, Gas Burning, Living Room, Master Bedroom, Outdoor Fireplace
Exterior / Lot Features
3 Garage Spaces, 3 Parking Spaces
Street Lights
Driving Directions
Cross Streets: Valley Blvd
Financial Considerations
8108008003
$34,200 Income ,$1,800Expense
Listing Price History

El Monte Real Estate

El Monte is located in California. El Monte, California 91732 has a population of 114,032.

The median household income in El Monte, California 91732 is $41,861. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in El Monte 91732 is 32.8 years.

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Courtesy: RE/MAX PREMIER/ARCADIA EDWARD CHEN
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