2546 Potrero Avenue

El Monte, CA 91733

$1,900,000
Price
13
Beds
7
Baths
6,045 Sq. Ft.
$314 / Sq. Ft.
6,045
Sq. Ft.
$314
per Sq. Ft.

Description

Huge opportunity for investors to get into CA’s ever lasting hot rental market! This 13 bedrooms, 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,
...Huge opportunity for investors to get into CA’s ever lasting hot rental market! This 13 bedrooms, 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!
  1. Listed by John Tran • DRE #01359195 • Brokerage DRE #02097356 • NextGen Team Realty • 657-208-3070

Property Details for 2546 Potrero Avenue

Parking Spaces Total
8
Private Pool
No
Cooling Type
Wall/Window
Total Units
7.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
6045
Assessor Parcel Number
8102-006-022
LISTING UPDATED: 11/16/2024 01:28 AM

Property Details for 2546 Potrero Avenue

StatusActive
MLS #OC24103692
Days on Market209
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1962
CountyLos Angeles County

Building Information for 2546 Potrero Avenue

Building/Complex2546 Potrero AveFloor-Stories2Residences-Pet Policy-Year Built1962Building Size-

Property Information for 2546 Potrero Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $425
  • Gross Scheduled Income: $90,660
  • Net Operating Income: $78,092
  • Laundry Income: $425
Expense Details
  • Operating Expense: $12,568
  • Fuel Expense: $0
  • Electric Expense: $720
  • Insurance Expense: $3,628
  • Professional Management Expense: $0
  • Trash Expense: $1,000
  • Water Sewer Expense: $5,760
  • Total Expenses: $11,108
Tax / Assessment Info
  • Tax Tract Number: 621
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 26
Community / Development
Community / Development
  • Community Features: Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Construction Materials: Drywall Walls
  • Roof: Composition
  • Entry Location: Front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Garden, Lot 6500-9999
  • Number Of Units: 7
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 8
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $795
  • Unit Type Total Rent: $795
  • Unit Type Pro Forma: 1600
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,210
  • Unit Type Total Rent: $1,210
  • Unit Type Pro Forma: 1600
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,080
  • Unit Type Total Rent: $1,080
  • Unit Type Pro Forma: 1600
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,240
  • Unit Type Total Rent: $1,240
  • Unit Type Pro Forma: 1600
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,150
  • Unit Type Total Rent: $1,150
  • Unit Type Pro Forma: 1600
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1600
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $880
  • Unit Type Total Rent: $880
  • Unit Type Pro Forma: 1200
  • Unit Type Type: 7
Unit Information
  • Number Of Units Leased: 7
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1

Property History for 2546 Potrero Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2546 Potrero Avenue

Taxable ValueLand$726,199Additions$1,089,298Total$1,815,497
Tax Record2024$25,942 ($2,162 / month)
Home Facts
Total Finished SqFt6,045 SqFtAbove Grade Finished SqFt6,045 SqFtLot Size8,504 SqFtStyleMulti-Family Res (5+ Units)Year Built1962ZoningEMR3YYCountyLOS ANGELESAPN8102-006-022

Schools near 2546 Potrero Avenue

This home is within El Monte Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Wilkerson Elementary School
PublicK to 6

Thompson Elementary School
PublicK to 8

South El Monte High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2546 Potrero Avenue is a multi-family home for sale in El Monte, CA 91733. This property was listed for sale on May 23, 2024 by NextGen Team Realty, it's currently listed at $1,900,000. It has been on the market for a total of 209 days and was last sold on October 22, 2021. This listing's school districts are El Monte Union High School District, El Monte City School District. Nearby schools include Wilkerson Elementary School, Thompson Elementary School and South El Monte High School. 2546 Potrero Avenue is a 13-bed, 7-bath, 6,045 sqft multi-family home built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NextGen Team Realty, John Tran, DRE #01359195

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.