2546 Potrero Avenue, El Monte, CA 91733
- $1,750,000
- List Price
- $1,750,000
- Price Change
- ▼ $50,000 1776807255
- Status
- ACTIVE
- MLS#
- OC25097640
- Year Built
- 1962
- Lot Size
- 8,504
- Acres
- 0.20
- Lot Location
- 0-1 Unit/Acre, Garden
- Days on Market
- 447
- Property Type
- Multifamily
- Property Sub Type
- Apartment
Property Description
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!
Additional Information
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- None
- Exterior Construction
- Drywall
- Roof
- Composition
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 7
- Gross Scheduled Income
- $103,440
- Operating Expense
- 12568
Listing courtesy of Listing Agent: John Tran (John@NextgenTeamRealty.com) from Listing Office: NextGen Team Realty.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.