3929 Durfee AveEl Monte, CA 91732

  • Specialty properties
For Lease
$21/SF/YR View listing

Property Details for 3929 Durfee Ave

Property type
Specialty properties

Description

This exceptional 21,109 sq ft property presents a unique investment opportunity. For over two decades, it successfully operated as a 15-bedroom, 6-bathroom residential care facility (RCF). Currently vacant, the property offers two buildings on a large lot, ripe for continued operation as an assisted living facility or elderly care center (verification with city and state required). Alternatively, the expansive lot allows for significant redevelopment potential. Preliminary assessments suggest the possibility of constructing 5-6 townhomes or single-family residences, subject to city verification and approval. The existing buildings boast a newly installed roof (March 2024) and new windows, minimizing immediate capital expenditure needs. The property benefits from a fully gated entrance and convenient access to major freeways (Interstate 10, 60, 91, and 605) and the San Gabriel Valley Airport. The substantial backyard offers ample space for expansion, potentially allowing for the addition of further dwelling units to increase capacity. The R3 zoning currently permits an Adult Residential Care Facility (ARF), but prospective buyers should independently verify all permitted uses with the relevant city and state authorities. The property's location near Rio Hondo College adds to its appeal. This is a rare chance to acquire a versatile property with substantial upside potential, whether through continued operation as a care facility or through comprehensive redevelopment.

Location Insight

City
El Monte
County
Los Angeles
State
California
Latitude
34.0724
Longitude
-118.007

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