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$ 8,465,000
Est. payment /mo
Active
1817 2nd Street Duarte, CA 91010
6 Beds
4 Baths
1.2 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26110715
Bedrooms 6
Lot Size 1.200 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
1817 2nd Street is a 30-unit multifamily community located in Duarte, California. The offering represents a rare opportunity to acquire a sizable apartment community in a tightly held submarket, with no multifamily properties currently listed for sale in Duarte and no Class B or Class C multifamily sales recorded in the city during 2025 or year-to-date 2026. Built in 1966 and situated on a 1.20-acre parcel, the property offers a desirable unit mix weighted toward larger floor plans, with 21 of the 30 units configured as 2 and 3-bedroom residences. The community features a strong amenity package that includes gated access, a swimming pool, an on-site laundry facility, and ample on-site parking consisting of covered and surface spaces. The ample parking as well as an underutilized recreation room/clubhouse, offer a potential Accessory Dwelling Unit (ADU) conversion opportunity that could enhance the assets income profile. 1817 2nd Street offers investors multiple avenues to pursue upside. A comprehensive unit renovation program, coupled with the potential installation of in-unit laundry hookups or machines, could help position the property to achieve premium rental rates over time. Ownership may also have the ability to improve operating efficiency through the implementation of a RUBS program to recover a portion of utility expenses. The property is located in a predominantly residential Duarte setting surrounded largely by single-family homes, while remaining close to key neighborhood amenities and regional transportation. Residents are within walking distance of Duarte High
Location
State CA
County Los Angeles
Zoning Assessor
Direction Cross Streets of 2nd Street & Highland Avenue
Interior
Fireplace No
Exterior
Pool Community/Common
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 8529009022
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by Tyler Leeson, DRE#01451551 Marcus & Millichap RE Invest
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