7 months on rocket

2546 Potrero Ave, El Monte, CA, 91733

$1,900,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo

Location

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2546 Potrero Ave, El Monte$1,900,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1962
HeatingWall Furnace
CoolingWall/Window Unit(s)
MLS #OC24103692
Lot Size0.20 Acres
StatusActive

About 2546 Potrero Ave

Huge opportunity for investors to get into CA’s 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!

Property Details

Property Features

Property Information:

  • Year Built: 1962
  • Stories: 2

Listing Office:

  • Office Name: NextGen Team Realty
  • Office Phone: (657) 208-3070
  • Listing Agent: John Tran

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot: Garden
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Garvey/Merced Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,900,000

Tax Information:

  • Annual Amount: $5,724
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in El Monte, CA.

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El Monte, CA

City

Med. Sold Price

$717.5K

Med. Price/SqFt

$496

Avg. Days On Market

21

# of Sold Homes

14

2546 Potrero Ave vs El Monte

213 DAYS ON ROCKET

+192 Days

$1,900,000

+$1.1M More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price in El Monte, CA.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24103692

Listing Office:

  • Office Name: NextGen Team Realty
  • Office Phone: (657) 208-3070
  • Listing Agent: John Tran

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 11:55:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,724$268,949
2020$5,797$266,193
2019$5,567$260,975
2018$5,429$255,859
2017$5,429$250,843

History based on county public records data.

Payment Calculator

$9,550

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,763

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1115383
7
/10

  • Cortada School

  • 3111 Potrero Ave

  • 0.47 miles

  • Public District Grades KG-6

school-card-donut-1115384
6
/10

  • Wilkerson School

  • 2700 Doreen Ave

  • 0.65 miles

  • Public District Grades KG-6

school-card-donut-1115385
6
/10

  • New Lexington School

  • 10410 Bodger St

  • 0.72 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,202. The most common annual income of people living in El Monte, CA is between $35k-100k. The majority of families are married, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2546 Potrero Ave

What is the listing price of this property?

The listing price of 2546 Potrero Ave property is $1,900,000.

What type of property is this?

The property 2546 Potrero Ave is a condo located in El Monte, California, 91733.

Is this property for sale now?

Active Listing: 2546 Potrero Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,724 (source: MLS/based on county public records data).

Which year was this property built?

The year of construction for 2546 Potrero Ave is 1962.

Rocket Homes›California›Los Angeles County›El Monte›91733›2546 Potrero Ave

This home is located at 2546 Potrero Ave in El Monte, CA and zip code 91733 in the The San Gabriel Valley neighborhood. This home, which was built in 1962, sits on a 0.20 acre lot. It has been listed on Rocket Homes since May 23, 2024 and is currently priced at $1,900,000.

Over 8 listings were sold over their listed price in November 2024 in El Monte, CA. In the same period over 5 listings were sold below the listed price and 1 listings were sold for the listed price. Between October 2024 and November 2024, El Monte, CA real estate market has seen decrease in the number of listings by 11.1%. In November 2024, listings were on the market for 21 days. During the same period, the median list price in this real estate market was $717,500.

From Rocket Homes Real Estate and based on county public records data.

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