CA > El Monte
El Monte, CA 91733,3043 Potrero AVE
El Monte, CA 91733,3043 Potrero AVE
El Monte, CA 91733,3043 Potrero AVE
El Monte, CA 91733,3043 Potrero AVE
El Monte, CA 91733,3043 Potrero AVE
El Monte, CA 91733,3043 Potrero AVE
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Sam Mu

Sam Mu

+1(949) 258-2228
$ 3,100,000
Est. payment | /mo

28 Beds

14 Baths

11,234 SqFt

Save
$ 3,100,000
Est. payment | /mo
Save

28 Beds

14 Baths

11,234 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,234 sqft

Price per Sqft $275

MLS Listing ID 25521025

Bedrooms 28

HOA Y/N No

Year Built 1963

Lot Size 0.461 Acres

Property Description

This 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.

Location

State CA

County Los Angeles

Area 619 - El Monte

Zoning EMR3*

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Dryer, Washer

Exterior

Parking Features Covered, Door-Single, Garage, Guest, One Space

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 8581015022

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Nicholas Hayner • Maywood Property Group
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 258-2228

sammuteam@gmail.com

880 Roosevelt Suite 250, Irvine, California, 92620, United States

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3043 Potrero AVE