5-Unit Apartment
New
For Sale
$1,299,000
3810 Durfee, Pico Rivera, CA 90660
Mixed residential layouts, on-site parking, partial solar electricity, and updated windows support flexible occupancy options.
Property Size4,775 SF
Days on Market4
Property Features for 3810 Durfee
General Information
Standard status
Active
Size
4,775 SF
Property subtype
Investment
Units
Unit Mix
1 x 4BR home, 3 x 2BR, 1 x 1BR
Multifamily Units
5
Amenities
fireplace
front yard
picket fence
on-site parking
partial solar electricity
dual-pane windows
Building Details
Building Size
4,775 SF
Year Built
1937
Stories
1
Units
5
Listed By:
James McCormick · License #00804012
(562) 400-3468
Source:
Elliman
Added: Sep 18
Last Checked: Sep 20 at 9:15AM
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 James McCormick
Investment Insights
Based on property information with market context.
This apartment property at 3810 Durfee in Pico Rivera includes five residential units arranged as one four-bedroom home, three two-bedroom units, and one one-bedroom unit. The four-bedroom residence includes a fireplace, front yard, and picket fence, while newer dual-pane windows serve most units. Partial solar electricity and on-site parking add to the property’s physical features.
Built in 1937, the property sits on a large lot in an established neighborhood near shopping, schools, and transportation. Walk Score is 35, characterized as car-dependent, and Bike Score is 59, characterized as bikeable. The unit mix accommodates a range of household sizes within a single multifamily asset.
Built in 1937, the property sits on a large lot in an established neighborhood near shopping, schools, and transportation. Walk Score is 35, characterized as car-dependent, and Bike Score is 59, characterized as bikeable. The unit mix accommodates a range of household sizes within a single multifamily asset.
Key Highlights
- Five‑unit property with one 4‑bedroom, three 2‑bedroom, and one 1‑bedroom unit
- Large lot with ample on‑site parking
- Four‑bedroom residence includes a fireplace, front yard, and picket fence
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$76,834
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.91%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,536,680
$1.5M
Cap Rate 7%
$1,097,629
$1.1M
Cap Rate 9%
$853,711
$853.7K
Market Conditions
NOI Build-Up for 4,775 SF
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.
Gross rent
$151.8K $31.80/SF
− Vacancy
−$12.1K −$2.54/SF
EGI
$139.7K $29.26/SF
− OpEx
−$62.9K −$13.17/SF
NOI
$76.8K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,536,680
Cap Rate 7%
$1,097,629
Cap Rate 9%
$853,711
Alternative Uses
Best Use
Apartment 5plus
$1.10M
$960.4K – $1.28M
NOI $76,834 @ 7.0% cap · market cap 5.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.56M
$2.24M – $2.98M
NOI $178,956 @ 7.0% cap · market cap 13.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
246
Businesses Nearby
Explore this area
Business Placement
Demographics for 90660, CA
62,013
Population
17,281
Households
3.6
Avg Household Size
38
Median Age
16%
College-Educated
72%
High-School Grad
7.8 sq mi
ZIP Area
7,950
Density / Sq Mi
$86,956
Median Household Income
$41,526
Median Earnings
$1,775
Median Rent
$621,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Mixed residential layouts, on-site parking, partial solar electricity, and updated windows support flexible occupancy options.
Where is this apartment building located?
The property is located at 3810 Durfee Pico Rivera, CA.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Five‑unit property with one 4‑bedroom, three 2‑bedroom, and one 1‑bedroom unit; Large lot with ample on‑site parking; Four‑bedroom residence includes a fireplace, front yard, and picket fence
