El Monte, CA 91733 2546 Potrero Avenue
$1,800,000
Presented By: John Tran with NextGen Team Realty; 657-208-3070
Beds • 13
Baths • 7
SQFT • 6,045
Year Built • 1962
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: John Tran with NextGen Team Realty; 657-208-3070
Interior Features for 2546 Potrero Avenue
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 2546 Potrero Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces8.0
Carport Y/NYes
CityEl Monte
Community FeaturesStreetLights
Construction MaterialsDrywall
CoolingWallWindowUnits
CountyLos Angeles
Current FinancingNone
DirectionsGarvey/Merced Ave
ElectricStandard
Electric Expense1000.0
Electric On Property Y/NNo
Entry LocationFront
Expected Active Date 2025-05-06
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income425.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense4808.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan, Conventional
Lot Size Square Feet8504.0
Lot Size UnitsSquareFeet
MLS Area619 - El Monte
MobileHomeRemainsYNNo
Net Operating Income90872.0
New ConstructionNo
Number Of Units Total7
Number of Units Leased7
Operating Expense12568.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot26
Tenant PaysElectricity, Gas
Total Actual Rent8620.0
Trash Expense1000.0
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected
ViewNone
Water Sewer Expense5760.0
Year Built1962
Year Built SourceEstimated
Exterior for 2546 Potrero Avenue
Building Area Total6045.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre, Garden
Lot Size Acres0.1952
Lot Size Area8504.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters8
Number of Separate Gas Meters8
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking8.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Alexandra Eston
Sales Associate
Price
$1,800,000
MLS#OC25097640
List Date
05/02/2025
Property Type
Multi-Family
Phone
(562) 537-4182
