CA > El Monte
El Monte, CA 91733,3043 Potrero AVE
El Monte, CA 91733,3043 Potrero AVE
El Monte, CA 91733,3043 Potrero AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Wed
4
Jun
Thu
5
Jun
Fri
6
Jun
John Herkenrath

John Herkenrath

+1(310) 221-2910
$3,100,000
Est. payment /mo
28 Beds
14 Baths
11,234 SqFt
Save

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 11,234 sqft

Price per Sqft $275

MLS Listing ID 25521025

Bedrooms 28

HOA Y/N No

Year Built 1963

Lot Size 0.461 Acres

Property Description

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.

Location

State CA

County Los Angeles

Area 619 - El Monte

Zoning EMR3*

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Dryer, Washer

Exterior

Parking Features Covered, Door-Single, Garage, Guest, One Space

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 8581015022

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Nicholas Hayner • Maywood Property Group
agent-avatar

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of John Herkenrath, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

3043 Potrero AVE

QUICK SEARCH CA
VIEW MORE
};