David Lim Purchases Industrial Asset At 2746 Durfee Avenue For $5.02M With Team Representation
SOLD
California
See Similar DealsIndustrial23,320 SF
Sold 03/11/2026
SOLD
David Lim Purchases Industrial Asset At 2746 Durfee Avenue For $5.02M With Team Representation
2746 Durfee Avenue
See Similar DealsIndustrial23,320 SF
Sold 03/11/2026
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$215
Total Square Footage:23,320 SF
Transaction Type:Sale
2746 Durfee Avenue is an industrial asset located in El Monte, CA. The property was sold for $5,020,000, encompassing a total area of 23,320 square feet, which translates to a price per square foot of $215.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,020,000
- Address: 2746 Durfee Avenue
- Market: El Monte
- Buyer: David Lim
- Buyer's Representative: Justin Chiang & Evan Jurgensen - Lee & Associates
- Seller's Representatives: Luc Hawkshaw, Eric Mandell & Jeffrey Ahn - Ally Commercial Real Estate
- Square Footage: 23,320
- Price per Square Foot: $215
The transaction was facilitated by Ally Commercial Real Estate, who expressed pride in closing this deal, highlighting the collaborative efforts of their representatives. This sale demonstrates the capability of the team in navigating a competitive market through strategic execution.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$267,733.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,835.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,797.36
Annual Debt Service$285,568.33
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