1180 Durfee AveSouth El Monte, CA 91733

  • Office properties
  • 36,861 SF
For Lease
$27/SF/YR View listing

Property Details for 1180 Durfee Ave

Year built
1982
Lot size
1.65 AC
Property size (Sq ft)
36,861 SF
Zone code
SEC*
Property type
Office properties
Property subtype
Office buildings
APN
8119-008-044
APU
8119008044

Description

This exceptional two-story office building, located at 1180 Durfee Ave in South El Monte, California, 91733, offers a variety of flexible office spaces ideal for businesses of all sizes. The property boasts a total of 36,861 square feet, situated on a generous 1.653-acre lot. Currently, there is 4,251 square feet of vacant space available, divisible into units ranging from a minimum of 986 square feet to a maximum contiguous space of 3,265 square feet. The building, constructed in 1982, features convenient amenities including ample free surface parking with a ratio of 3.7 spaces per 1,000 square feet and elevators for easy access to both floors. The property is professionally managed, ensuring a smooth and efficient operational experience. Its "Traditional Office" and "Executive Office" subtypes cater to a wide range of professional needs. The building's location in South El Monte provides excellent accessibility and visibility. This freestanding building presents a unique opportunity for businesses seeking a well-maintained and conveniently located office space in a thriving Southern California community. The multiple tenancy structure allows for diverse occupancy options. Inquire today to learn more about this outstanding opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,589,667
    6.5%
    $9,775,077
    7%
    $9,076,857
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,009,488
    Geo Method
    $7,009,488
  • Alternative Use

    Use
    Valuation
    Residential
    $12,121,096
    Hospitality
    $11,102,858
    Educational
    $9,237,448
    Medical
    $9,555,138
    Retail
    $14,369,363
1180 Durfee Ave, South El Monte, California

Location Insight

City
South El Monte
County
Los Angeles
State
California
Latitude
34.0354
Longitude
-118.04
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$71,914
$1,504,881
$3,966,463
$5,471,344
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