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.
Butler, located between Huntington Drive and the foothill edge of the San Gabriel Mountains, is a residential and hillside Duarte neighborhood with a foothill backdrop and a calm, low-rise street grid. The neighborhood’s character concentrates around the Huntington Drive & Mountain Avenue corridor, where small storefronts, local eateries, and everyday services set a steady, lived-in rhythm. Housing reads as mid-century ranch homes and compact postwar streets, with occasional views opening toward the mountains. Royal Oaks Park frames outdoor time with courts, lawns, and shaded paths. The nearby Duarte Historical Museum adds a local throughline to the area’s past. For a classic local stop, The Donut Man anchors late-night cravings with a long-standing counter culture.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Laundry & utility
Laundry area
Heating & cooling
Wall heating
Wall/window cooling
Exterior features
Community swimming pool
Home design
Two stories
Entry on the first floor
Parking
24 uncovered parking spaces
30 carport spaces
Utilities
Public sewer
Public water
Financial info
30 units
30 units leased
Gross scheduled income of $704,184
Gross operating income of $683,058
Net operating income of $406,779
Operating expenses of $276,280
Actual rent totaling $698,184
Laundry income of $6,000
Reserve expenses of $6,000
Unit mix: 9 one-bedroom units, 11 two-bedroom units, 8 two-bedroom units, and 2 three-bedroom units
Electricity and solar
View estimated energy costs and solar savings for this home
The R-4 zone is established to accommodate higher-density, multi-story residential development, with a focus on providing an intensity and function at locations within easy walking distance to transit, recreation and community facilities, and commercial services. The maximum permitted density is 28 du per net acre.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
5% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 100° expected this year, 19 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
7/10 Air Factor
12 unhealthy days expected this year, 14 days in 30 years
Provided by First Street
Historical weather
Duarte, CA • 91010
Average low and high temperatures (°F)
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71
51
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Sun exposure
81/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Duarte. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.6 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1817 E 2nd St
There isn’t enough information to generate an accurate estimate at this time. Learn More