HOT 2546 POTRERO AVE EL MONTE, CA 91733

Features

• Lot Size: 0.1952 acres
• Total Units: 7
• Construction Type: Wood

Facts

• Year Built: 01/01/1962
• Property ID: 887331545
• MLS Number: OC24103692
• Parcel Number: 8102-006-022
• Property Type: Townhouse or Condo
• County: Los Angeles
• Legal Description: TRACT # 621 W 190 FT OF S 44.5 FT OF N 214.5 FT OF LOT/SEC 26
• Zoning: EMR3YY

Description

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

This listing is NOT a foreclosure. Huge opportunity for investors to get into CAs ever lasting hot rental market!! This 13 bedrooms, 7-units complex (2 bed/1 bath: 6 units, & 1 bd/1 bath) sprawls on a 6,046 sqft of living space, has a common laundry area, parking in the back and the front, and conveniently located near the Garvey commercial business; business district and Potrero Elementary. Remodeled between 2017/2018, the property is well kept and features upgrades such as a newly installed roof, newer bathrooms and kitchens, carpets, and a new electrical panel. Renters are on a yearly lease basis and the leases will be transferred to the buyer(s). The chance to become an investor/landlord in California is becoming few and far in between. This one is no exception to the rule and is expected to go fast!

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Bargain Price Bargain Buy - Save Over 20% The Asking Price for this home is at least 20% below the Estimated Value. Buying a home at a price below the market value can save thousands of dollars and create wealth in home equity faster.