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Triplex at 2018 Potrero
$998,000
2018 Potrero
South El Monte, Los Angeles, 91733
Triplex · 3 units
Active · 7 days on market

Deal numbers

Est. cap rate
4.3%
Assumed rent, all units
$7,140/mo
Units
3
Price per unit
$332,667
Est. annual NOI
$42,840
Expense assumption
50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

5.0%
50%
25%
7.00%
Effective gross income
$81,396
Operating expenses
$40,698
Net operating income
$40,698
Annual debt service
$59,757
Annual cash flow
-$19,059
Cash on cash return
-7.6%
Down payment
$249,500

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type
Triplex
Bedrooms
7
Bathrooms
3
Building size
2,589 sqft
Lot size
10,830 sqft
Year built
1944
Stories
1
Garage spaces
2
Cooling
Wall/Window Unit(s)
Pool
None
View
None
Status
Active
Days on market
7
MLS #
245387313

About this property

3 INDIVIDUAL HOMES on 1 LOT! A rare opportunity to own a unique triplex on an expansive 10,830 sq. ft. lot in the growing South El Monte market. Proudly owned by the same family for over two decades, this is the first time this exceptional property has been offered for sale. What truly sets this property apart is that all three units are DETACHED and on SEPARATE METERS for all utilities, each with its own private front yard and no shared walls, offering the feel and privacy of individual homes. The front residence features 3 bedrooms and 1 bathroom, while the two rear homes each offer 2 bedrooms and 1 bathroom, creating an excellent foundation for immediate rental income. Whether you're an investor looking to maximize cash flow, explore future development opportunities, or add value over time, this property offers tremendous upside. It's also an ideal setup for multigenerational living, live in one home while renting the other two to help offset your mortgage or accommodate extended family with privacy and independence. Conveniently located near shopping, dining, schools, parks, and major freeways, this property combines strong income potential with long-term growth in one of South El Monte's most promising neighborhoods. Opportunities like this are few and far between. Whether you're expanding your investment portfolio or searching for a versatile property with endless possibilities, this is one you won't want to miss.

Location

2018 Potrero

South El Monte, Los Angeles, CA, 91733

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

2018 Potrero, South El Monte CA | Multifamily for Sale