United StatesCaliforniaEl MontePark El Monte3043 Potrero Avenue

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...

Maywood Property Group

Listing Courtesy of Maywood Property Group
$3,100,000
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28
Bedrooms
1,044 m²
Interior
1,862 m²
Exterior
Residential Income
Property type
1963
Year Built
25521025
Web Id
25521025
MLS ID
El Monte Union High
School District
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

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

Maywood Property Group

Listing Courtesy of Maywood Property Group
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