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 ...
+ Read More| Listing Key: | CV26218795MR |
|---|---|
| List Price: | $8,200,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Apartment |
| Listing Status: | Active |
| Beds: | 53 |
| Living Area: | 23,917 |
| Lot Size Area: | 52,034 |
| Lot Acreage: | 1.0 |
| City: | Duarte |
| County: | Los Angeles |
| Zip: | 91,010 |
| Year Built: | 1966 |
| Unit Floor In Building: | 1 |
| Number Of Units: | 30 |
| Listing Key: | CV26218795MR |
| Listing Status: | Active |
| List Date: | 2026-10-07 |
| Actual Annual Gross Rent: | $698,184.00 |
| Assessor Parcel Number: | 8529-009-022 |
| Baths Total: | 40.0 |
| Building Type: | Attached |
| Change Type: | New Listing |
| Common Walls: | Attached |
| Community Features: | Curbs, Sidewalks |
| Cooling: | Wall/Window Unit(s) |
| 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 |
| Entry Floor Number: | 1 |
| Expense Operating: | $276,280.00 |
| Gross Operating Income: | 683,058 |
| Gross Rent Multiplier: | $11.64 |
| Gross Scheduled Income: | $704,184 |
| Guest House: | None |
| Heating: | Wall |
| Insurance Expense: | $25,500 |
| Land Lease Type: | Fee |
| Laundry: | Laundry Area |
| Laundry Income: | $6,000.00 |
| Listing Terms: | Cash, Cash To New Loan |
| Listing Type: | Exclusive Right To Sell |
| Maintenance Expense: | $22,500 |
| Management Expense: | $47,722.00 |
| Monthly Gross Income: | $704,184.00 |
| Net Operating Income: | $406,779 |
| Number Electric Meters: | 30 |
| Number Gas Meters: | 30 |
| Number Leased: | 30 |
| Number Water Meters: | 1 |
| Open Other Spaces Total: | 24 |
| Original List Price: | $8,200,000 |
| Other Expense: | $6,000 |
| Pool Description: | In Ground |
| Pool Expense: | $3,974 |
| Pool Yn: | Yes |
| Price Per Sq Ft: | $342.85 |
| Price Per Unit: | $273,333.00 |
| Professional Management: | $47,722.00 |
| Sale Terms: | 0 |
| Sale Type: | Standard |
| Service Level: | Full Service |
| Sewer: | Public Sewer |
| Spa: | None |
| Stories: | 2 |
| Tax Expense: | $116,521.00 |
| Total Annual Expense: | 276280 |
| Total Parking: | 54 |
| Trash Expense: | $10,303 |
| Income Units: | {"UnitID"=>1, "Likes"=>9, "ActualRentRevenue"=>189060.0, "Bath"=>1.0, "Bed"=>1, "Furnished"=>false, "ProjectedRent"=>2000, "Revenue"=>1751.0}, {"UnitID"=>2, "Likes"=>11, "ActualRentRevenue"=>265500.0, "Bath"=>1.0, "Bed"=>2, "Furnished"=>false, "ProjectedRent"=>2350, "Revenue"=>2011.0}, {"UnitID"=>3, "Likes"=>8, "ActualRentRevenue"=>192444.0, "Bath"=>2.0, "Bed"=>2, "Furnished"=>false, "ProjectedRent"=>2400, "Revenue"=>2005.0}, {"UnitID"=>4, "Likes"=>2, "ActualRentRevenue"=>51180.0, "Bath"=>2.0, "Bed"=>3, "Furnished"=>false, "ProjectedRent"=>2500, "Revenue"=>2133.0} |
| Unit Type - Type: | 2106, 2107, 2108, 2109 |
| Vacancy Allow Dollar: | 21,126 |
| View?: | Yes |
| Water: | Public |
| Water Expense: | $39,787.00 |
| Year Built Source: | Assessor |
| Listing Area: | Duarte |
Listing Courtesy of: CB RICHARD ELLIS
Listing Agent: Eric Chen
909-418-2071
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Based on information from the Association of REALTORS®/Multiple Listing as of October 08, 2026 02:02 PM - PT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
© 2026 CLAW.
CLAW data last updated on October 08, 2026 02:02 PM - PT.
Property Last Updated: October 08, 2026 02:02 PM - PT










































































