Closed

2711 Potrero Avenue

El Monte CA, 91733

$1,471,835


$291.97 per sqft

Closed

5,041 sqft

Multi-family

Built in 1961

Listed by Janna McRoy with NextHome CREA Real Estate 626-255-4939

Attention Investors!! Unique opportunity to own 5 units in El Monte on a large lot! Two units have: 3 bedrooms, 1.5 bathroom, and three units have 2 bedrooms, 1 bathroom. One unit has a private pool! There are 5 garages, and private yard areas for each unit, all with their own meters and laundry hookups. Property has multiple opportunities, as-is or re-developed! Zoned R3. Considered: Apartment House Medium-Density | Multi-Family. Allowed for: Multi-Family, SFR's and Apartment Homes. Not Allowed: Industrial / Warehouses / Retail.

Highlights:
Centrally located - schools, shopping centers, large parks - Whittier Narrows Recreational. Very high lease/ rent demand in the area. Per Title Profile: lot measures 299.99' front to back on both sides and 90' side to side in front and rear of property.

Located approximately 12 miles east of downtown Los Angeles, El Monte is the hub of the San Gabriel Valley, with two major freeways (Interstates 605 and 10) intersect, and is the ninth largest city (out of 88) in Los Angeles County with a population of approximately 120,000. The land uses within its 10 square mile area are 58% residential, 11% retail, 10% industrial, 7% office/retail, and 14% other amenities.

CV22155427

MLS ID

July 14, 2022

Listed

May 9, 2024

Updated

Map

2711 Potrero Avenue
El Monte CA, 91733

Interior Features

Total Stories

1


Interior Features

Laminate Counters


Appliances

Disposal, Gas Range, Gas Water Heater, Microwave, Water Heater


Laundry Description

Washer Hookup, Gas Dryer Hookup


Floor Description

Carpet, Laminate, Tile


Fireplace

Yes


Fireplace Description

None


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.62 Acres


Lot Features

Lawn, Landscaped, Level


Roof

Composition


Sewer

Public Sewer

Other Property Details

Area Name

619 - El Monte


Days on Market

76


Garage

Yes


Garage Spaces

6


Parking

Driveway, Garage


Parking Total

10


View

Yes


View Description

Neighborhood


County

Los Angeles


Water Source

Public


Pool

Yes


Pool Features

Private


Zoning

EMR3YY


Buyer Agency Compensation

1,835%

Listing Contact: 626-255-4939 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/9/2024 at 1:23 PM UTC

 

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