$1,471,835
$1,700,000
13.4%For more information regarding the value of a property, please contact us for a free consultation.
2711 Potrero AVE El Monte, CA 91733
5,041 SqFt
Key Details
Sold Price $1,471,835
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 5,041 sqft
Price per Sqft $291
MLS Listing ID CV22155427
Sold Date 10/18/22
HOA Y/N No
Year Built 1961
Lot Size 0.618 Acres
Acres 0.6179
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.
Location
State CA
County Los Angeles
Area 619 - El Monte
Zoning EMR3YY
Rooms
Ensuite Laundry Washer Hookup, Gas Dryer Hookup
Interior
Interior Features Laminate Counters
Laundry Location Washer Hookup,Gas Dryer Hookup
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Laminate, Tile
Fireplaces Type None
Fireplace No
Appliance Disposal, Gas Range, Gas Water Heater, Microwave, Water Heater
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Garage Driveway, Garage
Garage Spaces 6.0
Garage Description 6.0
Fence Chain Link
Pool Private
Community Features Street Lights
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Roof Type Composition
Parking Type Driveway, Garage
Total Parking Spaces 10
Private Pool Yes
Building
Lot Description Lawn, Landscaped, Level
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 8102028017
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard, Trust
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Bought with ANDY AN DUC HUYNH • Pinnacle Real Estate Group