2546 Potrero Avenue

El Monte, CA 91733
$1,900,000
0.20 acres | #OC24103692
Courtesy of NextGen Team Realty

Description

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!

  • Property Details
      • Stories:2
      • Lot description:ZeroToOneUnitAcre, Garden
      • Acres:0.1952
      • Property type:Multi-Family
      • Year built:1962
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:ElectricityConnected, NaturalGasConnected, SewerConnected
      • County:Los Angeles
      • Original List Price:$1, 990, 000
      • MLS #:OC24103692
      • Cost:1900000
      • Property subtype:Apartment
      • MLS #:OC24103692

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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