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    1817 2Nd Street

    Duarte, CA 91010
    • $8,750,000
    • STATUS: Active
    • ON SITE: 78 days
    • ID#: 20613214
    UPDATED: 56 min ago
    $8,750,000
    • 0
      BEDS
    • 1.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1966
    County:
    Area:

    School Ratings & Info

    Description

    The Duarte Apartments is an excellent opportunity to acquire a 30-unit courtyard-style multifamily property built in 1966, with 23,917 of building and an oversized lot of 52,024 square feet. 1817 2nd Street is located in a suburban neighborhood near the Historic Route 66 (Huntington Drive) in close proximity to a multitude of restaurants, bars, retail shops, hiking and biking trails that encompass the heart of Duarte, California. The Subject Property has an excellent unit mix of two three-bedroom/two-baths, nineteen two-bedroom/one-bath, and nine one-bedroom/one-bath units. The beautifully landscaped property features two main entrances, a community pool with chaise loungers, 52 on-site parking spaces (35 covered and 17 uncovered spaces), laundry room, controlled access to building and an on-site property manager. With the ability to raise rents five percent (5%) plus CPI annually, 1817 2nd Street exemplifies a value-add opportunity.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-21T00:29:00.26. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/108522488
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    1817 2Nd Street Duarte, CA 91010

    • Price: $8,750,000
    • Status: Active
    • Updated: 56 min ago
    • ID#: 20613214
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.19
    Acres
    1966
    Built
    Neighborhood:
    617 - Duarte
    County:
    Los Angeles
    Area:
    617 - Duarte
    Property Description
    The Duarte Apartments is an excellent opportunity to acquire a 30-unit courtyard-style multifamily property built in 1966, with 23,917 of building and an oversized lot of 52,024 square feet. 1817 2nd Street is located in a suburban neighborhood near the Historic Route 66 (Huntington Drive) in close proximity to a multitude of restaurants, bars, retail shops, hiking and biking trails that encompass the heart of Duarte, California. The Subject Property has an excellent unit mix of two three-bedroom/two-baths, nineteen two-bedroom/one-bath, and nine one-bedroom/one-bath units. The beautifully landscaped property features two main entrances, a community pool with chaise loungers, 52 on-site parking spaces (35 covered and 17 uncovered spaces), laundry room, controlled access to building and an on-site property manager. With the ability to raise rents five percent (5%) plus CPI annually, 1817 2nd Street exemplifies a value-add opportunity.
    Exterior Features

    Entry Location Ground Level W/Steps Lot Features Lawn Lot Size Source Other Lot Size Units Square Feet Parking Features CoveredControlled EntranceUncovered Parking YN Yes Pool Features In GroundFencedCommunity Pool Private YN No View Courtyard View YN Yes

    Interior Features

    Heating None Heating YN No Levels Two

    Property Features

    Country Us Gross Income 0.00 Gross Multiplier 0.00 Gross Operating Income 0.00 Net Operating Income 0.00 Security Features Gated Community Senior Community YN No Special Listing Conditions Standard Total Expenses 245480.00 Zoning Dur4*

    Listing provided courtesy of Daniel Hirth of Keller Williams-Santa Monica


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-21T00:29:00.26. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

     
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