2546 Potrero AVE El Monte, CA 91733
Active
$1,900,000
5%
7 Units
13 Beds
7 Baths
6,045 Area(sq.ft.)
8,504 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 1 | No | $ 795 | $ 795 | $ 1,600 |
| Unit 2 | 1 | 2 | 1 | No | $ 1,210 | $ 1,210 | $ 1,600 |
| Unit 3 | 1 | 2 | 1 | No | $ 1,080 | $ 1,080 | $ 1,600 |
| Unit 4 | 1 | 2 | 1 | No | $ 1,240 | $ 1,240 | $ 1,600 |
| Unit 5 | 1 | 2 | 1 | No | $ 1,150 | $ 1,150 | $ 1,600 |
| Unit 6 | 1 | 2 | 1 | No | $ 1,200 | $ 1,200 | $ 1,600 |
| Unit 7 | 1 | 1 | 1 | No | $ 880 | $ 880 | $ 1,200 |
| 7 | 7 | 13 | 7 | $ 7,555 | $ 7,555 | $ 10,800 |
| MLS #: | OC24103692MR |
| Days On Market: | 177 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 314 |
| Price per unit: | $ 271,429 |
| Year Built: | 1962 |
Property Details
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!Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 11,108 |
| Net Operating Income: | $ 78,092 |
| Actual Gross Rent: | $ 7,555 |
Structure
| Community Features: | Street Lights |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
Interior
| AC/Cooling: | Wall/Window Unit(s) |
| Heating: | Wall |
| Laundry: | Community |
Exterior
| Pool: | No |
| Roof: | Composition |
Detailed Map
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Income
