$1,249,000

Estimated payment $8,041/month

Total Views 1,766
9 Beds
5 Baths
3,742 Sq Ft
$334 Price per Sq Ft

About This Home

3452 Durfee Avenue is a rare investment opportunity comprising 5 units on a large 15,327 SF lot zoned R-3. Its large lot offers ADU potential for expansion or redevelopment. The asset was built in 1947, and this is the first time it has been marketed for sale in over two decades. It has been owned and managed by the same family with pride of ownership during this time. It is located across from Jerry Voorhis Elementary School, which is beneficial for tenants who have young families. It is also strategically located with convenient access to the 10 Freeway yet far enough to preserve a quiet living atmosphere for tenants.

The unit mix consists of (1) 3bdr/1bathroom House, (1) 2bdr/1bathroom House, (1) 2bdr/1bathroom unit, and a duplex that comprises (2) 1bdr/1bath units. These units are separated into four bungalow-style buildings. Each building has a pitched, shingled roof.

There are 11 total parking spaces made up of (1) detached two-car garage, (2) one-car garages, and (7) dedicated surface parking spots. There is ample space for additional parking. The detached garage is worth exploring possible ADU conversion. Buyer to verify. Units are separately metered for utilities. Tenants pay for gas and electricity. Landlord pays for water and trash.

The spacious lot, separated building layout, abundant parking, and R-3 zoning offer longer-term redevelopment potential or the opportunity to add more units through the ADU program. This asset has been well cared for and is in a high-demand rental market. It is ideal for investors seeking a stable, dense tenant base with long-term redevelopment or ADU growth potential.

Listing Agent

Andy Chan

Keller Williams Realty Brokerage Phone: 6263217410 License #02054786 Listed on: 07/30/2025

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 0.35 Acre Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Apartment

Interior Spaces

  • 3,742 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 6 / F
  • Tax Tract Number 6549
  • Assessor Parcel Number 8549010033
  • $1,899 per year additional tax assessments

Community Details

Overview

  • 4 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,876
  • Trash Expense $2,110
  • Water Sewer Expense $1,390
  • Operating Expense $32,811
  • Gross Income $62,914
  • Net Operating Income $30,103

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

4

Listing Details

  • CapRate: 2.41
  • Other Phone Description: 6263217410
  • Price Per Unit: 249800
  • Property Attached: Yes
  • Water Sewer Expenses: 1390.00
  • Zoning: EMR3*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 8549010033
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 333.78

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 2110.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 15327.00
  • Lot Size Acres: 0.3519

Multi Family

  • Average1 Bed Area: 550 Square Feet
  • Average2 Bed Area: 800 Square Feet
  • Average3 Bed Area: 1000 Square Feet
  • Gross Multiplier: 19.26
  • Gross Operating Income: 62914.00
  • Gross Scheduled Income: 64860.00
  • Insurance Expense: 2876.00
  • Lot Size Area: 15327.0000 Square Feet
  • Net Operating Income: 30103.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 32811.00
  • Rent Control: Yes
  • Total Actual Rent: 5405.00
  • Total Expenses: 32811.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Block: F
  • Tax Census Tract: 4333.07
  • Tax Lot: 6
  • Tax Tract Number: 06549
  • TaxOtherAnnualAssessmentAmount: 1899.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 For Sale $1,249,000 -- $334 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF25171759

California Regional Multiple Listing Service (CRMLS)