Search
2546 Potrero Ave, El Monte, CA 91733
Image 2 for 2546 Potrero Ave, El Monte, CA 91733
View Photos

2546 Potrero Ave El Monte, CA 91733

$1,900,000
  • 13 Beds
  • 7 Baths
  • 6,045 Sq.Ft.
For Sale
$1,900,000 Get Pre-Qualified
Map preview of 2546 Potrero Ave, El Monte, CA 91733

Property Overview: 2546 Potrero Ave El Monte, CA has 13 bedrooms, 7 bathrooms, 6,045 living square feet and 8,504 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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!

Listed by John Tran | BRE #01359195 | NextGen Team Realty
Last checked: 12 minutes ago | Last updated: March 26th, 2024 | Source CRMLS | DOM: 352
Get a $5,700 Cash Reward New

Buy this home with Ardent Real Estate Group and get $5,700 back.

Call/Text (714) 706-1823

Home details

Lot Sq. Ft
8,504
HOA Dues
$0/mo
Year built
1962
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
OC23071372
City
El Monte
County
Los Angeles
Time on Site
325 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 1
  • # of Leased Units: 7
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,080
  • Total Rent: $1,025
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,240
  • Total Rent: $1,130
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,045
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $880
  • Total Rent: $765
  • Pro Forma/Market Rent: $1,100
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $795
  • Total Rent: $905
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,210
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,150
  • Total Rent: $950
  • Pro Forma/Market Rent: $1,500
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $79,085
  • Net Operating Income: $42,761
  • Gross Operating Income: --
  • Laundry Income: $425
Annual Expense Breakdown
  • Total Operating Expense: $36,324
  • Electric: $720
  • Trash: $1,000
  • Insurance: $3,628
  • Professional Management: $1,380
  • Water/Sewer: $5,760

Open Houses for 2546 Potrero Ave

No upcoming open houses

Schedule Tour

Property Details for 2546 Potrero Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Community
Exterior Features
Exterior Information
  • Roof: Composition
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: 0-1 Unit/Acre, Garden, Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 7
  • Parcel Number: 8102006022
  • Year Built Source: Estimated
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
Location / Neighborhood
Location Information
  • Directions: Garvey/Merced Ave
View more facts & features

Local El Monte Agent

Sale History for 2546 Potrero Ave

View property's historical transactions

  • May, 2023

  • May 1, 2023

    Date

    Active

    CRMLS: OC23071372

    $2,100,000

    Price

  • April, 2023

  • Apr 4, 2023

    Date

    Expired

    CRMLS: OC22170662

    $2,100,000

    Price

  • Aug 3, 2022

    Date

    Active

    CRMLS: OC22170662

    $2,100,000

    Price

  • Listing provided courtesy of CRMLS

    Huge opportunity for investors to get into CA’s ever lasting hot rental market!! This 13 bedrooms, 7-unit complex (2 bd/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!

  • January, 2023

  • Jan 4, 2023

    Date

    Expired

    CRMLS: OC22170755

    $2,100,000

    Price

  • Aug 3, 2022

    Date

    Active

    CRMLS: OC22170755

    $2,100,000

    Price

  • Listing provided courtesy of CRMLS

    Huge opportunity for investors to get into CA’s ever lasting hot rental market!! This 13 bedrooms, 7-unit complex (2 bd/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!

  • June, 2022

  • Jun 27, 2022

    Date

    Canceled

    CRMLS: OC22083983

    $2,100,000

    Price

  • May 6, 2022

    Date

    Active

    CRMLS: OC22083983

    $2,100,000

    Price

  • Listing provided courtesy of CRMLS

    Huge opportunity for investors to get into CA’s ever lasting hot rental market!! This 13 bedrooms, 7-unit complex (2 bd/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!

Show More

Tax History for 2546 Potrero Ave

Assessed Value (2020): $266,193
Year Land Value Improved Value Assessed Value
2020 $29,526 $236,667 $266,193

Home Value Compared to the Market

This property vs the competition

2546 Potrero Ave is listed 144.88% higher than the median list price for the city of El Monte which has a median list price of $775,888. The median price per/sqft for El Monte is $533 and this home is listed at $314.31 per/sqft which puts the price per square foot 41.03% lower than the median price per square foot for the city of El Monte.

About 2546 Potrero Ave

Detailed summary of property

2546 Potrero Ave is a multi family located in El Monte, CA 91733 and is currently for sale. This multi family property offers 13 bedrooms, 7 bathrooms, roughly 6,045 living square feet, and sits on an approximately 8,504 square foot lot. 2546 Potrero Ave was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner is currently asking $1,900,000 and was originally asking $2,100,000. The median priced home in El Monte is $775,888 with a median price per square foot of $533. Based on Ardent Real Estate Group's El Monte Market Data, this home is listed 144.88% higher than the median priced home. Local competing homes currently for sale include 13226 Rosecrans Ave, 2806 N Main St and 2800 N Main St. While the average home in El Monte, CA is selling in 36 days, 2546 Potrero Ave has a days on market of 352 days. There are currently 58 homes for sale in the El Monte real estate market and 50 of them are single family homes while 5 of them are condos and 3 are townhomes. For more information on this home for sale at 2546 Potrero Ave El Monte, CA 91733 contact Ardent Real Estate Group and we will put you in touch with one of our El Monte agents.

Public Facts for 2546 Potrero Ave

Public county record property details
Beds
13
Baths
7
Year built
1962
Sq. Ft.
6,045
Lot Size
8,503
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
26
APN
8102-006-022

The source for these homes facts are from public records.

91733 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$750,000
Median List Price/Sq.Ft.
$478
Median Sold Price
$580,000
Median Sold Price/Sq.Ft.
$373
Total Inventory
22
Median Sale to List Price %
99.15%
Avg Days on Market
76
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (50%), Other (50%)

Tour This Home

Buy with Ardent Real Estate Group and save $5,700.

Image Description
Contact Jon
El Monte Agent
Call, Text or Message
(714) 706-1823
Get a $5,700 Cash Reward New

Buy this home with Ardent Real Estate Group and get $5,700 back.

Call/Text (714) 706-1823

Homes for Sale Near 2546 Potrero Ave

Nearby Homes for Sale

3864 E Colorado Blvd, Pasadena, CA 91107
$1,800,000
-- Beds
-- Baths
5275 Sq.Ft.
3864 E Colorado Blvd
Pasadena, CA 91107
429 N Hill Ave, Pasadena, CA 91106
$2,069,000
10 Beds
8 Baths
4228 Sq.Ft.
429 N Hill Ave
Pasadena, CA 91106
429 N Hill Ave, Pasadena, CA 91106
$2,000,000
10 Beds
8 Baths
4228 Sq.Ft.
429 N Hill Ave
Pasadena, CA 91106
4203 Huntington Dr, Los Angeles, CA 90032
$1,599,000
4 Beds
5 Baths
3930 Sq.Ft.
4203 Huntington Dr
Los Angeles, CA 90032
11669 Firestone Blvd, Norwalk, CA 90650
$1,900,000
-- Beds
-- Baths
9156 Sq.Ft.
11669 Firestone Blvd
Norwalk, CA 90650
5628 York Blvd, Los Angeles, CA 90042
$1,788,500
1 Beds
1 Baths
2655 Sq.Ft.
5628 York Blvd
Los Angeles, CA 90042
1485 Lincoln Ave, Pasadena, CA 91103
$2,200,000
-- Beds
-- Baths
3480 Sq.Ft.
1485 Lincoln Ave
Pasadena, CA 91103
3433 E Pico Blvd, Los Angeles, CA 90023
$2,100,000
-- Beds
-- Baths
6400 Sq.Ft.
3433 E Pico Blvd
Los Angeles, CA 90023

Recently Sold Homes Near 2546 Potrero Ave

103 Santa Mariana Ave, La Puente, CA 91746
$625,000 Last Sold Price
-- Beds
-- Baths
1774 Sq.Ft.
103 Santa Mariana Ave
La Puente, CA 91746
13164 Valley Blvd, La Puente, CA 91746
$1,750,000 Last Sold Price
0 Beds
2 Baths
7020 Sq.Ft.
13164 Valley Blvd
La Puente, CA 91746
13539 Alanwood Rd, La Puente, CA 91746
$915,000 Last Sold Price
-- Beds
-- Baths
1763 Sq.Ft.
13539 Alanwood Rd
La Puente, CA 91746
11212 Whittier Blvd, Whittier, CA 90606
$1,075,000 Last Sold Price
-- Beds
-- Baths
6978 Sq.Ft.
11212 Whittier Blvd
Whittier, CA 90606

Related Resources to 2546 Potrero Ave

New Listings in 91733
Popular Zip Codes
Popular Cities
Other El Monte Resources

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

Call