2333 Durfee Ave

2333 Durfee Ave, El Monte, CA 91732

Property Information

  • For Sale $5,100,000
  • Property Type Other
  • Property Size 10,355 SF
  • Lot Size 30,542 Acre
  • Parking Spaces Avail. 39
  • Year Built 1979
  • Date Updated Aug 28, 2026

Description

2319–2333 Durfee Avenue presents a rare mixed-use investment opportunity consisting of five single-story buildings constructed in 1979 and totaling approximately 10,355 square feet of gross leasable area on a 30,542-square-foot parcel . The property enjoys approximately 122 feet of frontage along Durfee Avenue , providing strong street visibility, convenient access, and excellent exposure for commercial tenants. Twin Palms Estate is thoughtfully designed with six commercial suites and twelve residential apartment units , creating a diversified income stream and a complementary live-work environment. The commercial spaces are positioned along Durfee Avenue to maximize customer exposure, while the residential units are situated toward the rear of the property, offering a more private living experience. The commercial component consists of flexible retail and office suites ranging from approximately 500 to 550 square feet , each featuring private restrooms, HVAC systems, and dedicated parking. The tenant mix includes professional service providers, neighborhood retailers, and other small businesses that benefit from the property's visibility, accessibility, and proximity to major transportation corridors. The residential component includes a mix of one-, two-, and three-bedroom apartments designed for comfortable living. Units feature updated finishes, in-unit laundry hookups, and access to landscaped common areas. The site's layout promotes privacy, abundant natural light, and a pleasant residential setting through well-maintained walkways and open spaces. Ownership has consistently invested in the property's upkeep through a series of capital improvements, including interior paint updates, upgraded flooring, selective installation of energy-efficient lighting, enhanced landscaping, and resurfaced parking areas. As a result, the property presents in well-maintained condition and reflects strong pride of ownership. The site provides 39 on-site parking spaces , offering ample parking for residents, customers, and visitors. The level and fully paved parcel, complemented by mature landscaping and perimeter fencing, creates an attractive and secure environment for occupants. Physical and environmental considerations further enhance the investment profile. Utilities are individually metered for electricity and gas, allowing for efficient expense allocation. The property is not located within a designated flood zone or area of known environmental concern, and recent environmental reviews have indicated no significant hazardous material issues or deferred maintenance concerns. Additionally, the property's MMU zoning designation offers future flexibility for redevelopment or expansion, providing investors with both stable in-place income and long-term value creation potential.

Highlights

  • 18 Units: 12 Residential Units and 6 Retail/Office Units MMU zoning CAP: 5.74%; Effective Gross Income: $366,339 GLA: 10,355 SF; Lot: 30,542 SF with Frontage: 122 Ft 39 Parking Spaces Proximity to major freeways (I-10, I-60, I-605), transit, parks, and retail amenities
  • 18-Unit Mixed-Use - a Value-Add Opportunity: 5.74% Cap Rate with Redevelopment UpsideThe property is zoned MMU (Mixed/Multi-Use), one of El Monte's most progressive and flexible designations. The site's configuration and zoning support significant redevelopment potential, while in-place inc...
  • Age: 41-50 Years Old
  • Lot Size: 1/2 - 1 Acre
  • Sewer: Public
  • The Durfee Avenue corridor represents the vanguard of El Monte’s revitalization strategy, specifically designated by the City for high-impact Mixed/Multiuse (MMU) development. The City’s vision transforms this essential artery into a premier residential and business destination through speciali...
  • Water: Municipal Water

Contacts

Location

Located at 2333 Durfee Ave, El Monte, CA 91732, this property is part of the El Monte neighborhood and Los Angeles market.

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