Henry Tran
RE/MAX TIME REALTY
(909) 671-1671
73 Total Sales
1 in Park El Monte
$726,000 Price
2711 Potrero Ave El Monte, CA 91733
Park El Monte Neighborhood
12
Beds
7
Baths
5,041
Sq Ft
0.62
Acre Lot
Highlights
- Private Pool
- Lawn
- Neighborhood Views
- 0.62 Acre Lot
- No HOA
- Living Room
About This Home
As of October 2022Attention Investors!! Unique opportunity to own 5 units in El Monte on a large lot! Two units have: 3 bedrooms, 1.5 bathroom, and three units have 2 bedrooms, 1 bathroom. One unit has a private pool! There are 5 garages, and private yard areas for each unit, all with their own meters and laundry hookups. Property has multiple opportunities, as-is or re-developed! Zoned R3. Considered: Apartment House Medium-Density | Multi-Family. Allowed for: Multi-Family, SFR's and Apartment Homes. Not Allowed: Industrial / Warehouses / Retail.
Highlights:
Centrally located - schools, shopping centers, large parks - Whittier Narrows Recreational. Very high lease/ rent demand in the area. Per Title Profile: lot measures 299.99' front to back on both sides and 90' side to side in front and rear of property.
Located approximately 12 miles east of downtown Los Angeles, El Monte is the hub of the San Gabriel Valley, with two major freeways (Interstates 605 and 10) intersect, and is the ninth largest city (out of 88) in Los Angeles County with a population of approximately 120,000. The land uses within its 10 square mile area are 58% residential, 11% retail, 10% industrial, 7% office/retail, and 14% other amenities.
Co-Listed By
Sal Torres Jr
NEXTHOME CREA
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 26,917 Sq Ft Lot
- No Common Walls
- Chain Link Fence
- Landscaped
- Level Lot
- Lawn
Parking
- 6 Car Garage
- Parking Available
- Driveway
Home Design
- Composition Roof
- Stucco
Interior Spaces
- 5,041 Sq Ft Home
- 1-Story Property
- Family Room
- Living Room
- Neighborhood Views
Kitchen
- Gas Range
- Microwave
- Formica Countertops
- Disposal
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 12 Bedrooms
- 7 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Private Pool
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Tenant pays for cable TV, electricity, exterior maintenance, gas
- Legal Lot and Block 9 / B
- Tax Tract Number 10929
- Assessor Parcel Number 8102028017
Community Details
Overview
- No Home Owners Association
- 5 Buildings
- 5 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,000
- Professional Management Expense $3,000
- Trash Expense $3,000
- Operating Expense $24,000
- Gross Income $70,000
- Net Operating Income $46,000
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Park El Monte, CA
-
Henry Tran
-
Pam DelRey
Pam DelRey
Art Del Rey Realty, Inc.
(626) 604-0256
60 Total Sales
1 in Park El Monte
$555,000 Price
-
Darlene Stinson
Darlene Stinson
Responds QuicklyT.N.G. Real Estate Consultants
(949) 596-7658
51 Total Sales
1 in Park El Monte
$788,000 Price
-
Hasina Surtee
Hasina Surtee
HOMEQUEST REAL ESTATE
(626) 550-4652
18 Total Sales
1 in Park El Monte
$975,000 Price
-
Mike Chou
Mike Chou
Responds QuicklyK.W. EXECUTIVE
(626) 653-4295
169 Total Sales
1 in Park El Monte
$715,000 Price
-
Nicola Speranta
Nicola Speranta
Compass
(323) 310-3215
99 Total Sales
1 in Park El Monte
$725,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,472,000 | Ticor Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,258,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/18/2022 10/18/22 | Sold | $1,471,835 | -13.4% | $292 / Sq Ft |
| 09/28/2022 09/28/22 | Pending | -- | -- | -- |
| 09/12/2022 09/12/22 | Price Changed | $1,700,000 | -5.6% | $337 / Sq Ft |
| 07/14/2022 07/14/22 | For Sale | $1,800,000 | -- | $357 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $23,582 | $1,562,096 | $937,046 | $625,050 |
| 2025 | $23,582 | $1,531,468 | $918,673 | $612,795 |
| 2024 | $21,842 | $1,501,440 | $900,660 | $600,780 |
| 2023 | $21,427 | $1,472,000 | $883,000 | $589,000 |
| 2022 | $4,043 | $142,028 | $30,929 | $111,099 |
| 2021 | $4,023 | $139,244 | $30,323 | $108,921 |
| 2020 | $4,012 | $137,818 | $30,013 | $107,805 |
| 2019 | $4,061 | $135,117 | $29,425 | $105,692 |
| 2018 | $3,620 | $132,469 | $28,849 | $103,620 |
| 2016 | $3,407 | $127,328 | $27,730 | $99,598 |
| 2015 | $3,371 | $125,416 | $27,314 | $98,102 |
| 2014 | $3,326 | $122,960 | $26,779 | $96,181 |
Source: Public Records
Agents Affiliated with this Home
-
JANNA MCROY
Seller's Agent in 2022
JANNA MCROY
NextHome CREA
(208) 889-9242
1 in this area
199 Total Sales
-
ST
Seller Co-Listing Agent in 2022
Sal Torres Jr
NEXTHOME CREA
-
Andy Huynh
Buyer's Agent in 2022
Andy Huynh
Pinnacle Real Estate Group
(626) 289-6660
1 in this area
44 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV22155427
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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