1817 E 2nd Street
Duarte, CA, 91010 $ 8,200,000
Bedrooms-- Baths1.0 Sq 23,917 Monthly Estimate*
$ 56,635
Listed by Eric Chen, CB RICHARD ELLIS, eric.chen@cbre.com
for $8,200,000 with 1 full bath. This 23,917 square foot home was built in 1966 on a lot size of 1.1945.
We are 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. 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. 1817 East 2nd Street is a stable income-producing asset in Duarte, California, well-positioned for long-term growth and capital appreciation. Whether you are a first-time investor seeking to enter the market, a seasoned investor looking to expand your portfolio, or considering a 1031 Exchange, this property offers exceptional stability and long-term value.
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FeaturesGeneralSewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
HOA Fee 0
Garage Spaces 0
Pool Features Community In Ground
Year Built 1966
View Mountain(s)
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 704184
Community Features Curbs Sidewalks Pool
County Los Angeles
Net Operating Income 406779
Operating Expense 276280
Insurance Expense 25500
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 22500
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Merge onto I-605 N Use the middle lane to turn left onto Historic Rte 66 W/Huntington Dr/U.S. Route 66 Turn right onto Highland Ave Turn right onto Second St
City Duarte
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 24
Number Of Units Total 30
MLS Area 617 - Duarte
Lot Size Units Square Feet
Lot Size Square Feet 52034
Carport Spaces 30
Carport Y/N true
Number of Units Leased 30
Listing Terms Cash Cash to New Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 10303
Water Sewer Expense 39787
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 9
Total Actual Rent 698184
Property Sub Type Additional Apartment
Taxes 116521
Cap Rate 4.96
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InteriorTotal Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Common Area
Entry Level 1
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ExteriorLot Features 26-30 Units/Acre
Water Source Public
Total Parking 54
Lot Size Area 52034
Number of Buildings 1
Spa false
Building Area Total 23917
Lot Size Acres 1.1945
Private Pool false
Lot Size Source Assessor
Pool Charge 3973.5
Number of Separate Water Meters 1
Number of Separate Gas Meters 30
Number of Separate Electric Meters 30
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $56,635
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Duarte, CA
Average List Price $4,434,500
Percent of Sale Price 46%
About Duarte, CA 21,339 Population
0% Since 2002
$ 67,295 Median Income
41.49 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/8/2026 | $8,200,000 | | Listed Price |