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3043 Potrero Avenue

El Monte, CA 91733

– beds
– baths
– sqft
~1/2 acre lot
1963 build
– on site

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.

Listed By CRMLS_CA / Nicholas Hayner / Maywood Property Group

Last checked: Checking… • Last updated Apr 4, 2025 •

MLS# 25521025 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1963
New Construction:

No
Building Area Total:

11234.00
Total Number Of Units:

4
# of Buildings:

4
Stories Total:

2

Interior

Levels:

Multi/Split
Laundry:

Washer Included, Dryer Included
Laundry:

1

Location

Directions:

LOT:16 TR#:10758 TRACT # 10758 LOT 16
Latitude:

34.06403500
Longitude:

-118.05622000

The Property

Property Type:

Residential Income
Zoning:

EMR3*
Lot Size Area:

20078.0000
Lot Size Acres:

0.4609
Lot Size SqFt:

20078.00

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

8581015022

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Appliances

Included:

Yes

The Community

Association:

No
Senior Community:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Garage - Single Door, Covered, Guest, Parking Space

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/4/25 Apr 4, 2025	Listed / Active	CRMLS_CA	$3,100,000

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This multifamily located in Park El Monte, El Monte, CA 91733 is currently for sale for $3,100,000. 3043 Potrero Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 5 days. 3043 Potrero Avenue is in the Park El Monte neighborhood of El Monte and has a WalkScore® of 76, making it very walkable. This multifamily is in the attendance area of El Monte High School and Cortada Elementary School.

Listing Courtesy of: CRMLS_CA and Maywood Property Group. Based on information from California Regional Multiple Listing Service, Inc. as of 00:03 on Apr 09.

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, 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.