Multifamily in Duarte, CA — Sale in Duarte, CA

  • Price: $8.2M
  • Listing type: For sale
  • Asset type: Business
  • Location: Duarte, CA 91010

Photos

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Description

30 Units in Duarte | Excellent Location | Value Add CBRE is pleased to exclusively present a distinguished multifamily investment opportunity at 1817 East 2nd Street in Duarte, California, offering stable in-place income in the highly desirable San Gabriel Valley submarket. Comprising 30 units on a single parcel at the corner of Highland Avenue and 2nd Street, the property benefits from convenient access to the 210, 605, 10, and 57 Freeways and is minutes from City of Hope National Medical Center and The Shops at Santa Anita. Offered at $273,333 per unit and $343 per square foot, the property presents a current cap rate of 4.96% and a pro forma cap rate of 6.31%, reflecting 17% rental upside available to a new owner. The asset consists of a ±52,034 square-foot lot with a total building area of ±23,917 square feet, averaging 797 square feet per unit across a diverse mix of nine 1-bedroom/1-bathroom, eleven 2-bedroom/1-bathroom, eight 2-bedroom/2-bathroom, and two 3-bedroom/1.5-bathroom units. Each residence features a fully equipped kitchen, wall air conditioning and heating, walk-in closets (select units), and security screen doors. Updated units feature vinyl wood-like plank flooring and carpet combinations, ceiling fans, and new lighting fixtures. The well-maintained community features mature landscaping, a gated entrance, a swimming pool with outdoor seating, an on-site laundry facility, and a gated parking lot with covered carport and ample off-street parking, all framed against picturesque views of the San Gabriel foothill mountains. Situated approximately 20 miles northeast of Downtown Los Angeles, Duarte offers residents a suburban lifestyle with strong regional connectivity. The 210, 605, 10, and 57 Freeways are all within easy reach of the property, placing residents minutes from Arcadia, Pasadena, and Covina. The Los Angeles County Arboretum and Botanic Garden lies just two miles west, and the property sits within easy reach of The Shops at Santa Anita

Market Context

This commercial property in Duarte, CA is listed for sale at $8,200,000. Compare it against other commercial property listings for sale in Duarte, CA — view the full market.

First seen on CREHunt: Oct 4, 2026

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