- For Sale $5,100,000
- Property Type Multi-Family
- Units 18
- Lot Size 30,542 Acre
- # of Floors 1
- Parking Ratio 3.86 / 1,000 SF
- Year Built 1979
- Year Renovated 2020
- Date Updated Jul 10, 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.
The project is thoughtfully designed with six street-front 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, restaurant operators, 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 approximately 40 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
- 1. Located in MMU zoning, designated for high-density mixed-use transformation; 35 du/ac ceiling, vertical 4 stories/50 ft or horizontal developments,2. A rare dual-track investment: an 18-unit fully occupied mixed-use property generating strong cash flow today, coupled with untapped developm...
- 23192333 Durfee Avenue presents a rare opportunity for income investors and developers to acquire a fully occupied, mixed-use asset in the heart of El Monte’s Mountain View neighborhood.
- Age: 31-40 Years Old
- Area Description: Metropolitan
- Lot Size: 1/2 - 1 Acre
- Sewer: City
- The Durfee Corridor: A Premier Mixed-Use Investment OpportunityThe 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 int...
- Water: City Water
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Contacts
Naiyueh Hou
Coldwell Banker Realty
Location
Contact Listing Broker
Naiyueh Hou
Coldwell Banker Realty