El Monte CA  home offered at $1,900,000 

Call Lisa DiNoto Group at (909)921-2544 to see this home.

 

2546 Potrero Avenue
El Monte, California CA 91733-1827
Price: $1,900,000
Mortgage Calculator
Listing ID: OC23071372
Price/SqFt: $314.31
Status: Active
SqFt: 6,045 Sq Ft
Year Built: 1962

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!

Primary Features

County: Los Angeles
Price Reduction Date: 2024-01-30T21:44:29+00:00
Price/SqFt: 314.31
Property Sub Type: Multi Family
Property Type: Commercial Sale
Year Built: 1962

Interior

Building Area Units: Square Feet
Condo Area Units: Square Feet
Cooling Type: Wall/Window Unit(s)
Cooling: yes
Heating: yes
Heating Type: Wall Furnace
Laundry Features: Community
Stories Total: 2

External

Carport Spaces: 8
Construction Materials: Drywall Walls
Entry Level: 1
Lot Size Source: Assessor
Minimum Total Area Units: Square Feet
Number Of Buildings: 1
Parking Total: 8
Roof: Composition
Water Source: Public

Location

Country: US
MLS Area Major: 619 - El Monte

Additional

Additional Parcels: no
Building Status: Existing
Days On Market: 330
List Agent State License: 01359195
List Office State License: 02097356
Max Total Area Units: Square Feet
Number Of Units Leased: 7
Number Of Units Total: 7
Parcel Number: 8102006022
Start Showing Date: 2023-05-01T00:00:00+00:00
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
Year Built Source: Estimated

Financial

Electric Expense: 720
Gross Scheduled Income: 79085
Insurance Expense: 3628
Laundry Income: 425
Net Operating Income: 42761
Operating Expense: 36324
Professional Management Expense: 1380
Special Listing Conditions: Standard
Total Expenses: 16088
Trash Expense: 1000
Water Sewer Expense: 5760

Zoning Info


© 2024. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Any correspondence from IDX pages are routed to Realty Masters and Associates or one of their associates. Last updated Thursday, March 28th, 2024.

Based on information from CARETS as of Thursday, March 28th, 2024 04:48:34 AM. The information being provided by CARETS 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 CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Listed by: JohnTran, DRE #01359195 from NextGen Team Realty 657-208-3070

Contact - Listing ID OC23071372

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Lisa DiNoto

9483 Haven Ave #100
Rancho Cucamonga, CA 91730
Phone: 9099212544

Data services provided by IDX Broker
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