El Monte, CA 91733 2546 Potrero Avenue
$1,750,000
Presented By:
Baths • 1
SQFT • 6,045
Home Details
Huge opportunity for investors to get into CA’s ever lasting hot rental market!! This 13 bedrooms, 7 bathrooms, 7-units complex (2 bed/1 bath: 6 units, & 1 bd/1 bath) sprawls on a 6,046 sqft of living space, has a common laundry area, parking in the back and the front, and conveniently located near the Garvey commercial business; business district and Potrero Elementary. Remodeled between 2017/2018, the property is well kept and features upgrades
such as a newly installed roof, newer bathrooms and kitchens, carpets, and a new electrical panel. Renters are on a yearly lease basis and the leases
will be transferred to the buyer(s). The chance to become an investor/landlord in California is becoming few and far in between. This one is no exception to the rule and is expected to go fast!
Presented By:
Interior Features for 2546 Potrero Avenue
Other Interior Features
Air Conditioning Y/NYes
Common Walls2+ Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommon Area
Total Stories2
Other Rooms
Entry Level1
General for 2546 Potrero Avenue
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Carport Spaces8
Carport Y/NYes
CityEl Monte
Community FeaturesStreet Lights
Construction MaterialsDrywall
CoolingWall/Window Unit(s)
CountyLos Angeles
Current FinancingNone
DirectionsGarvey/Merced Ave
ElectricStandard
Electric Expense1000
Entry LocationFront
Expected Active Date 2025-05-06
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income425
HeatingWall Furnace
Insurance Expense4808
Land Lease Y/NNo
Listing TermsCash, Cash to New Loan, Conventional
Lot Size Square Feet8504
Lot Size UnitsSquare Feet
MLS Area619 - El Monte
Net Operating Income90872
New ConstructionNo
Number Of Units Total7
Number of Units Leased7
Operating Expense12568
Pool FeaturesNone
PossessionClose Of Escrow
PostalCitySOUTH EL MONTE
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot26
Tenant PaysElectricity, Gas
Total Actual Rent8620
Trash Expense1000
UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected
ViewNone
Water Sewer Expense5760
Year Built1962
Year Built SourceEstimated
Exterior for 2546 Potrero Avenue
Building Area Total6045
Lot Features0-1 Unit/Acre, Garden
Lot Size Acres0.1952
Lot Size Area8504
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters8
Number of Separate Gas Meters8
Number of Separate Water Meters1
Private PoolNo
Total Parking8
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
John Nesselhauf
Agent
Price
$1,750,000
MLS#OC25097640
List Date
05/02/2025
Property Type
Multi-Family
Phone
(281) 702-7002