El Monte, CA 91733,3043 Potrero Ave
El Monte, CA 91733,3043 Potrero Ave
El Monte, CA 91733,3043 Potrero Ave
6
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$3,100,000
Est. payment /mo
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28 Beds
14 Baths
11,234 SqFt
Active

3043 Potrero Ave El Monte, CA 91733

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Key Details

Property Type Multi-Family

Sub 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

Year Built 1963

Lot Size 0.461 Acres

Acres 0.4609

Property Sub-Type Multi-Family

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 El Monte

Zoning EMR3*

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall Unit(s), Wall/Window

Equipment Washer, Dryer

Exterior

Parking Features Garage - 1 Car, Covered Parking, Parking for Guests, Parking Space

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Maywood Property Group

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agent

Chance Vanek

Agent | RE.S.0066702

+1(702) 305-3777

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3043 Potrero Ave