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2711 Potrero Avenue El Monte, CA 91733

  • $1,471,835 (sold: 10/18/2022)
  • 5,041 sq ft
  • Year Built: 1961
  • Multi-Unit
  • Listing #CV22155427
  • Status: Sold

Property Description

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.

Listing Details

Price$1,471,835 (sold: 10/18/2022)
Year Built1961
Property TypeMulti-Unit
Listing #CV22155427
StatusSold
Listing TypeFor Sale

Interior Features

Square Feet5,041

Exterior Features

Lot Size0.62 acres

Community Information for El Monte, CA 91733

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Community overview information from Home Junction Inc.

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