1832 Durfee AveSouth El Monte, CA 91733

Property Details for 1832 Durfee Ave

Year built

2009

Construction

TILT-UP CONCRETE

Lot size

3.69 AC

Property size (Sq ft)

48,355 SF

Zone code

SEC*

Property type

Retail properties

Property subtype

Community centers

APN

8113-012-034

APU

8113012034

Description

Plaza Del Sol, located at 1832 Durfee Ave in South El Monte, CA 91733, presents a unique retail investment opportunity. This 48,000 square foot shopping center boasts a prime location in Los Angeles County, serving a substantial trade area exceeding 162,000 people within a 3-mile radius. The property features 187 parking spaces, ensuring ample convenience for shoppers. Currently, the center is anchored by three prominent national retailers: Marshalls, Superior Grocers, and CVS, establishing a strong foundation for existing and future tenants. This is the only shopping center within a 2-mile radius that includes national retailers, solidifying its position as the primary shopping destination for the area. Two retail spaces are currently available, ranging in size from 1,200 to 2,011 square feet, offering flexibility for various business types. The property's strategic location and strong tenant mix create a compelling investment prospect with significant potential for growth and return. The multiple tenancy structure provides diversification and stability. This is a rare opportunity to acquire a well-established retail center in a thriving market. The property is classified as a commercial shopping center and offers a significant opportunity for investors seeking a stable and high-traffic retail location.

• CAP approach

  CAP return

  Valuation

  6%

  $21,715,628

  6.5%

  $20,045,194

  7%

  $18,613,396

• Comparable approach

  Method

  Valuation

  Relative Method

  $26,316,308

  Geo Method

  $23,171,870

• Alternative Use

  Use

  Valuation

  Residential

  $16,908,872

  Hospitality

  $15,488,436

  Educational

  $12,886,197

  Medical

  $13,329,373

  Retail

  $20,045,194

Location Insight

City

South El Monte

County

Los Angeles

State

California

Latitude

34.043

Longitude

-118.032

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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