Seller's Agent in 2025
Nicholas Hayner
Maywood Property Group
(310) 994-9158
1 in this area
9 Total Sales
3043 Potrero Ave El Monte, CA 91733
Park El Monte Neighborhood
28
Beds
14
Baths
11,234
Sq Ft
0.46
Acres
About This Home
As of June 2025This rare 14-unit multifamily investment is packed with potential, offering all two- bedroom / one-bath units, an ideal mix given the property's proximity to multiple schools, making it especially attractive to renters. Located in the growing submarket of El Monte, where average rents continue to rise despite broader market softening, this asset presents a compelling value-add opportunity.Each unit features in-unit washer and dryer hookups and individual water heaters, a rarity for a property of this vintage. With no local rent control, investors have a clear path to unlocking over 33% rental upsidebefore even factoring in additional revenue from RUBS and potential ADU additions.The property also offers ample parking with 12 covered spaces, 6 single-car garages, and 10 striped surface spots, adding to its tenant appeal. With strong rental growth trends and significant upside potential, this is a prime investment opportunity in one of the San Gabriel Valley's most promising submarkets.
Last Agent to Sell the Property
Maywood Property Group License #02090908 Listed on: 04/01/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 0.46 Acre Lot
Home Design
- Split Level Home
Interior Spaces
- 11,234 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 28 Bedrooms
- 14 Bathrooms
Laundry
- Dryer
- Washer
Parking
- 1 Car Garage
- Guest Parking
Utilities
- Cooling System Mounted In Outer Wall Opening
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
Community Details
- 4 Buildings
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 8581-015-022
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2025
Closed on
May 8, 2025
Sold by
Lawlor Family 2002 Trust and Diane Lawlor Lewis Declaration Of Trust
Bought by
Jsa Investment Llc
Seller's Agent
Nicholas Hayner
Maywood Property Group
Buyer's Agent
Adam Corleto
Maywood Property Group
List Price
$3,100,000
Sold Price
$6,900,000
Premium/Discount to List
$3,800,000
122.58%
Views
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,829,000
Avg. Annual Appreciation
-75.83%
Original Mortgage
$1,665,000
Outstanding Balance
$1,659,284
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$1,411,716
Purchase Details
Closed on
Jan 22, 2002
Sold by
Lawlor J Gregory
Bought by
Lawlor J Gregory and The Lawlor Family 2002 Trust
Purchase Details
Closed on
Jul 27, 2000
Sold by
Lawlor Diane Jayne
Bought by
Declaration Lewis Diane Lawlor and Declaration Diane Lawlor Lewis
Purchase Details
Closed on
Nov 21, 1996
Sold by
Lawlor J Gregory
Bought by
I B I M Ltd Partnership
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $6,790,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Quit Claim Deed | -- | First American |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,665,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/09/2025 06/09/25 | Sold | $6,900,000 | +122.6% | $614 / Sq Ft |
| 05/07/2025 05/07/25 | Pending | -- | -- | -- |
| 04/01/2025 04/01/25 | For Sale | $3,100,000 | -- | $276 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $30,964 | $3,751,123 | $2,438,073 | $1,313,050 |
| 2024 | $30,964 | $2,066,326 | $1,254,507 | $811,819 |
| 2023 | $8,319 | $332,684 | $42,850 | $289,834 |
| 2022 | $8,101 | $326,161 | $42,010 | $284,151 |
| 2021 | $8,054 | $319,767 | $41,187 | $278,580 |
| 2020 | $8,030 | $316,489 | $40,765 | $275,724 |
| 2019 | $8,113 | $310,284 | $39,966 | $270,318 |
| 2018 | $7,770 | $304,201 | $39,183 | $265,018 |
| 2016 | $7,337 | $292,390 | $37,662 | $254,728 |
| 2015 | $7,249 | $287,999 | $37,097 | $250,902 |
| 2014 | $7,137 | $282,359 | $36,371 | $245,988 |
Source: Public Records
Agents Affiliated with this Home
-
Nicholas Hayner
-
Adam Corleto
Buyer's Agent in 2025
Adam Corleto
Maywood Property Group
(310) 650-9696
1 in this area
4 Total Sales
Map
Source: The MLS
MLS Number: 25521025
APN: 8581-015-022
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.
© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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