$1,800,000

2546 Potrero Ave El Monte, CA 91733

Park El Monte Neighborhood

Estimated payment $11,203/month

Total Views 7,585
13 Beds
7 Baths
6,045 Sq Ft
$298 Price per Sq Ft

Highlights

  • Cooling System Mounted To A Wall/Window
  • Garden
  • Wall Furnace
  • Laundry Room

About This Home

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!

Listing Agent

John Tran

NextGen Team Realty Brokerage Phone: 714-726-0875 License #01359195 Listed on: 05/06/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 8,504 Sq Ft Lot
  • Two or More Common Walls
  • Garden
  • Density is up to 1 Unit/Acre

Home Design

  • Apartment
  • Entry on the 1st floor
  • Fire Rated Drywall
  • Composition Roof

Interior Spaces

  • 6,045 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 7 Bathrooms

Parking

  • 8 Parking Spaces
  • 8 Carport Spaces

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 26
  • Tax Tract Number 621
  • Assessor Parcel Number 8102006022

Community Details

Building Details

  • 7 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,000
  • Insurance Expense $4,808
  • Trash Expense $1,000
  • Water Sewer Expense $5,760
  • Operating Expense $12,568
  • Gross Income $425
  • Net Operating Income $90,872

Additional Features

  • 7 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 5760.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 8102006022
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 297.77

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Drywall Walls

Garage/Parking

  • Carport Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Garden, Lot 6500-9999
  • Lot Size Sq Ft: 8504.00
  • Lot Size Acres: 0.1952

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1000.00
  • Gross Income: 425.00
  • Gross Scheduled Income: 103440.00
  • Insurance Expense: 4808.00
  • Laundry Income: 425.00
  • Lot Size Area: 8504.0000 Square Feet
  • Net Operating Income: 90872.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Operating Expense: 12568.00
  • Rent Control: No
  • Total Actual Rent: 8620.00
  • Total Expenses: 12568.00

Tax Info

  • Tax Lot: 26
  • Tax Tract Number: 621

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2025 05/06/25 For Sale $1,800,000 +3.2% $298 / Sq Ft
10/22/2021 10/22/21 Sold $1,745,000 -1.7% $289 / Sq Ft View Prior Sale
10/18/2021 10/18/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $1,775,000 -- $294 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25097640

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County El Monte 91733 Park El Monte

2546 Potrero Ave, El Monte, CA

For Sale

MultiFamily

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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John Tran
Listing Agent
John Tran
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NextGen Team Realty
(626) 609-4702