3043 Potrero Avenue 3043 Potrero Avenue El Monte, California 91733 United States
$3,100,000
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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...
- 28
- Bedrooms
- 1,044 m²
- Interior
- 1,862 m²
- Exterior
- Residential Income
- Property type
- 1963
- Year Built
- 25521025
- Web Id
- 25521025
- MLS ID
- 23
- days ago
About 3043 Potrero Avenue
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.
Listing Courtesy of Maywood Property Group
Listing Courtesy of Maywood Property Group
Amenities
- Washer Included
- Dryer Included
- heating/cooling
features
- cooling
- Propane Heating
- Parking
- Garage, covered parking
PROPERTY INFORMATION
- Appliances
- Dryer, Washer
- Cooling
- WallWindowUnits
- Heating
- WallFurnace
- Parking Description
- Covered, DoorSingle, Garage, Guest, OneSpace
ADDITIONAL INFORMATION
- Number of Units
- 4
Listing Courtesy of Maywood Property Group
- Market Trends in
Average Price
Bedrooms
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