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Niko Arzandosa Acquires Industrial Property In El Monte From Karl B. Manthuel For $3.99M

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SOLD
$3,990,000

California

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Industrial10,676 SF
Sold 10/10/2025
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SOLD

Niko Arzandosa Acquires Industrial Property In El Monte From Karl B. Manthuel For $3.99M

3015 Durfee Avenue

See Similar Deals
Industrial10,676 SF
Sold 10/10/2025
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Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$373
Total Square Footage:10,676 SF
Transaction Type:Sale

3015 Durfee Avenue is a mixed-use industrial property located in El Monte, California. The asset encompasses a total area of 10,676 square feet and has successfully been sold for $3,990,000, reflecting a price per square foot of $373.

Summary of transation details:

  • Property Type: Industrial
  • Transaction Amount: $3,990,000
  • Address: 3015 Durfee Avenue
  • Market: El Monte
  • Square Footage: 10,676
  • Price per Square Foot: $373
  • Buyer: Niko Arzandosa
  • Seller: Karl B. Manthuel
  • Broker Representatives: Daniel Hirth & Alex Reyhan - The Hirth Group
  • Capitalization Rate: 5.78%
  • Lease Type: Fully NNN leases
  • Due Diligence Period: 30 days
  • Close Period: 45 days

Daniel Hirth and Alex Reyhan of The Hirth Group facilitated the transaction by representing both the buyer and seller. Their expertise allowed for a record-setting sale, demonstrating their proficiency in sourcing and negotiating commercial transactions. The team managed an accelerated escrow process, including securing financing for the buyer, ensuring a seamless experience for all parties involved.

Players

Alex Reyhan
47 deals$187M volume
BROKER

Daniel Hirth
The Hirth Group
71 deals$222.8M volume
BROKER

The Hirth Group
BROKERAGE

Details

SOLD
IMAGE: Daniel Hirth & Alex Reyhan DATE: 10/10/2025 ADDRESS: 3015 Durfee Avenue MARKET: El Monte ASSET TYPE: Industrial BUYER: Niko Arzandosa SELLER: Karl B. Manthuel BROKERS: Daniel Hirth (@DHirth5) & Alex Reyhan (@Reyhan___Alex) - The Hirth Group (@HirthGroup) SALE PRICE: $3,990,000 SF: 10,676 ~ PPSF: $373 NOTE FROM BROKER: The Hirth Group proudly announces the successful off-market sale of 3015 Durfee Avenue in El Monte, California — a rare 10-unit mixed-use industrial property strategically positioned in the heart of the San Gabriel Valley. Daniel Hirth and Alex Reyhan of The Hirth Group represented both Buyer and Seller, delivering a record-setting sale that exemplifies the team’s unmatched ability to source, negotiate, and execute commercial transactions. The property sold for $3,990,000 at a 5.78% capitalization rate on fully NNN leases, showcasing the strength of stabilized income-producing assets in one of Southern California’s most desirable industrial submarkets. Through a 30-day due diligence period and a 45-day close, The Hirth Group guided both parties seamlessly through an accelerated escrow process — including securing financing for the buyer — ensuring a smooth, strategic, and highly efficient transaction from start to finish. ability of The Hirth Group to create immediate opportunities where others could not.

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Debt Service Coverage Ratio (DSCR)

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