3462 Durfee Ave El Monte, CA 91732
River East NeighborhoodEstimated payment $11,738/month
Highlights
- 0.35 Acre Lot
- Wall Furnace
- 1-Story Property
- Laundry Room
About This Home
**Exceptional investment opportunity in the heart of El Monte!** This well-maintained **7-unit multifamily property** offers solid rental income, a reliable tenant base, and strong long-term potential. Operating expenses are streamlined and include **insurance, water/sewer, trash service, common-area electricity, and routine maintenance**, making this a smooth and efficient asset to manage. Ideally located near major El Monte conveniences, the property sits close to **local shopping centers, neighborhood retail along Durfee Ave, public schools, restaurants, and community parks**. Tenants enjoy excellent access to **the 10 and 605 freeways**, public transit options, and employment hubs throughout the San Gabriel Valley, helping ensure consistent demand and steady occupancy. This is a rare chance to acquire a stable, income-producing property in one of El Monte’s most accessible and high-demand rental corridors. A strong addition to any investment portfolio.
Listing Agent
Circle Real Estate Brokerage Phone: 562-754-0660 License #01279393 Listed on: 11/20/2025
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $7,778
Year Built
- Built in 1962
Lot Details
- 0.35 Acre Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 7 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Entry on the 1st floor
Interior Spaces
- 5,768 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 13 Bedrooms
- 7 Bathrooms
Location
- Suburban Location
Utilities
- Wall Furnace
- No Utilities
- Sewer Paid
Listing and Financial Details
- Legal Lot and Block 6 / F
- Assessor Parcel Number 8549010031
- $2,249 per year additional tax assessments
Community Details
Overview
- 5 Buildings
- 7 Units
Amenities
- Laundry Facilities
Building Details
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,666
- Insurance Expense $6,787
- Maintenance Expense $4,848
- Trash Expense $2,666
- Water Sewer Expense $7,272
- Operating Expense $24,240
- Net Operating Income $72,720
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,778 | $431,210 | $124,263 | $306,947 |
| 2024 | $7,778 | $422,756 | $121,827 | $300,929 |
| 2023 | $7,669 | $414,468 | $119,439 | $295,029 |
| 2022 | $7,426 | $406,343 | $117,098 | $289,245 |
| 2021 | $7,533 | $398,376 | $114,802 | $283,574 |
| 2020 | $7,355 | $394,292 | $113,625 | $280,667 |
| 2019 | $7,341 | $386,562 | $111,398 | $275,164 |
| 2018 | $6,919 | $378,983 | $109,214 | $269,769 |
| 2016 | $6,365 | $364,269 | $104,974 | $259,295 |
| 2015 | $6,298 | $358,799 | $103,398 | $255,401 |
| 2014 | $6,225 | $351,772 | $101,373 | $250,399 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/20/2025 11/20/25 | For Sale | $2,100,000 | -- | $364 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,575,000 | Stewart Title Of California In | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,573,000 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS25263341
APN: 8549-010-031
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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