El Monte, CA 91733 3043 Potrero Avenue

Pending
3043 Potrero Avenue El Monte, CA - Image 13043 Potrero Avenue El Monte, CA - Image 23043 Potrero Avenue El Monte, CA - Image 3
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3043 Potrero Avenue El Monte, CA - Image 43043 Potrero Avenue El Monte, CA - Image 5
Presented By: Nicholas Hayner with Maywood Property Group;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25521025
  • 04/04/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 28
  • Baths • 14
  • SQFT • 11,234
  • Garage • 1

Home Details

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.
Presented By: Nicholas Hayner with Maywood Property Group;

Interior Features for 3043 Potrero Avenue

Bedrooms

Total Bedrooms28

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths14

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories2

General for 3043 Potrero Avenue

Additional Parcels Y/NNo
AppliancesDryer, Washer
Attached Garage No
Carport Y/NNo
CityEl Monte
CoolingWallWindowUnits
CountyLos Angeles
DirectionsLOT:16 TR#:10758 TRACT # 10758 LOT 16
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income279780.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Lot Size Square Feet20078.0
Lot Size UnitsSquareFeet
MLS Area619 - El Monte
MobileHomeRemainsYNNo
Net Operating Income166994.0
New ConstructionNo
Number Of Units Total4
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Waterfront Y/NNo
Year Built1963
ZoningEMR3*

Exterior for 3043 Potrero Avenue

Building Area Total11234.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.4609
Lot Size Area20078.0
Number of Buildings4
Open Parking Y/NNo
Parking FeaturesCovered, DoorSingle, Garage, Guest, OneSpace
Private PoolNo
SpaNo
Total Parking0.0

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $3,100,000
MLS#25521025
List Date 04/04/2025
Property Type Pending
Phone 714.742.6515
Request Tour
Request Info
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