2253 Durfee Ave El Monte, CA 91732-3901
- Manufacturing properties
- 10,900 SF
- 1.03 lot acres
Current Use by Public Records
- Rhema Tech / Corporate Office
Property Details for 2253 Durfee Ave
- Year built
- 1948
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.03 lot acres
- Property size
- 10,900 SF
- Zone code
- EMM1*
- Property type
- Manufacturing properties
- APN
- 8107-016-008
- APU
- 8107016008
Description
This exceptional industrial property, located in Los Angeles County, comprises a 12,361-square-foot warehouse building situated on a substantial 1.35-acre lot. The property boasts a prime location in a high-traffic area, surrounded by a mix of industrial, retail, and residential developments, ensuring excellent visibility and accessibility. Currently, there is 2,000 square feet of vacant space available within the larger warehouse, presenting a unique opportunity for expansion or immediate occupancy. The building itself offers ample parking, a fenced lot for enhanced security, and is ideally suited for various uses, including but not limited to contractor yards, plumbing supply storage, and other industrial operations. The property's size and location make it an attractive investment opportunity. The entire 12,361 square foot building is also available for sale at an asking price of $5,000,000. This versatile property offers a blend of immediate occupancy potential and long-term investment prospects. The multiple tenancy structure allows for flexibility in lease arrangements. Don't miss this chance to secure a well-positioned industrial asset in a thriving Los Angeles County market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,885,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,910,000
- 6.5%
- $3,690,000
- 7%
- $4,055,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,310,000
- Geo Method
- $3,930,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,835,000
- Retail
- $3,555,000
- Mixed-Use
- $3,255,000
- Hospitality
- $3,885,000
- Educational
- $3,805,000
- Residential Income
- $3,580,000
- Energy
- $3,785,000
- Income-Based Land
- $3,930,000
- Food Service
- $3,980,000
Location Insight
- Map
- Local Demand
- City
- El Monte
- County
- Los Angeles
- State
- California
- Longitude
- -118.026
- Latitude
- 34.0498
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
