David Lim Purchases Industrial Asset At 2746 Durfee Avenue For $5.02M With Team Representation
2746 Durfee Avenue
$5,020,000
$215/SF
Building Size
23,320 SF
Asset Type
Industrial
Closing
Mar 11, 2026
AI
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.
Players
El Monte Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.16%
Cash-on-Cash
-0.90%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93