Mixed-Use Flex
2346 Durfee El Monte, CA 91732
2346 Durfee, El Monte, CA, 91732
$1,500,000
For Sale
$1,500,000
High-ceiling warehouse with street-facing office/retail, plus a gated yard, currently tenant-occupied on month-to-month terms.
Property Size4,280 SF
Lot Size0.30 Acres
Price / SF$350.47
Days on Market10
Property Features for 2346 Durfee
General Information
- Standard status
- Active
- Size
- 4,280 SF
- Lot size
- 0.30 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1980
Listing agency
RE/MAX CHAMPIONS
(626) 576-8811
Listed by
Jing Chen · License #1911286
Source
Elliman
Added: Jul 13 Updated: Jul 22 at 8:41AM Checked: Jul 22 at 8:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX CHAMPIONS
Investment Insights
Based on property information with market context.
This mixed-use flex property combines a high-ceiling warehouse with office/retail and storage areas, along with a gated yard for additional flexibility. The usable building area is listed at approximately 4,280 SF, and the lot is approximately 13,046 SF, with the building area noted as buyer to verify with the city. The street-facing office/retail component provides exposure to Durfee Avenue traffic.
The property is located in the El Monte commercial corridor and is described as offering easy access to the 10, 60, and 605 freeways, with nearby business connectivity to Arcadia and Temple City. The asset is currently tenant-occupied on a month-to-month basis at $6,000 per month.
Overall, the configuration supports multiple functional components under one roof, including office/retail frontage and warehouse storage with an outdoor gated area.
The property is located in the El Monte commercial corridor and is described as offering easy access to the 10, 60, and 605 freeways, with nearby business connectivity to Arcadia and Temple City. The asset is currently tenant-occupied on a month-to-month basis at $6,000 per month.
Overall, the configuration supports multiple functional components under one roof, including office/retail frontage and warehouse storage with an outdoor gated area.
Key Highlights
- 1980‑built mixed‑use property with high‑ceiling warehouse, office/retail space, and storage
- Approx. 4,280 SF usable building area (buyer to verify with the city)
- 13,046 SF lot with a gated yard for flexible use and potential expansion
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $143.8k | $33.60 |
| − Vacancy | −$21.6k | −$5.04 |
| EGI | $122.2k | $28.56 |
| − OpEx | −$30.6k | −$7.14 |
| NOI | $91.7k | $21.42 |
4,280 SF · lease $33.60/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.31M
$1.15M – $1.53M
NOI $91,678 @ 7.0% cap · market cap 6.11%
Second Best
Warehouse
$922.3K
$807.0K – $1.08M
NOI $64,562 @ 7.0% cap · market cap 4.30%
Theoretical Best
Multifamily LT 5
$81.33M
$71.16M – $94.88M
NOI $5,692,926 @ 7.0% cap · market cap 379.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
D.S.E. Iron Works
General Contractor
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Similar Off Market Nearby
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- The Private Chef Experience — 1654 Bunker Ave, El Monte, CA 91733
FAQs
What type of property is this?
Flex space - High-ceiling warehouse with street-facing office/retail, plus a gated yard, currently tenant-occupied on month-to-month terms.
Where is this flex space located?
The property is located at 2346 Durfee El Monte, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 1980‑built mixed‑use property with high‑ceiling warehouse, office/retail space, and storage; Approx. 4,280 SF usable building area (buyer to verify with the city); 13,046 SF lot with a gated yard for flexible use and potential expansion
