
South El Monte, California 91733
Analysis of 2018 Potrero, South El Monte, California 91733 is currently available with a list price of $998,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the South El Monte Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1944, this 80-year-old triplex shows significant signs of deferred maintenance and aging systems. Interior images reveal dated bathrooms with exposed electrical conduit (a safety concern), damaged drywall in the laundry area, and 20+ year old cabinetry. Given the age and visible condition of the utilities and finishes, the property requires a comprehensive rehab to meet modern standards.
Unlike traditional multi-family properties, all three units are fully detached with no shared walls and private yards, providing tenants with the privacy of a single-family home and commanding higher rental premiums.
The property features separate meters for all utilities across all three units, significantly reducing owner's operating expenses and simplifying the management of tenant-paid services.
The expansive 10,830 sq. ft. lot offers significant value-add potential, providing ample space for future development, ADU additions, or multi-generational living configurations.
With the original structures dating back to 1944, the property likely requires ongoing maintenance or capital improvements to modernize aging systems and ensure long-term structural integrity.
A significant price reduction from the original list price of $1.235M to $998K may indicate initial overvaluation or buyer hesitation regarding the property's current condition relative to the neighborhood.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,589 | - |
| Lot Size | 10,830 | - |
| Price | $998.0K | $685.0K |
| Price per sq ft | $385 | $436 |
| Built year | 1944 | 0 |
| HOA | $0 | $0 |
| Days on market | 36 | 385 |
Aug 5, 2026
$998,000
$1,235,000
-19% Price Drop
Initial Listing
Aug 4, 2026
$1,235,000
Initial Listing
Nov 8, 2002
$254,000
Public Record
Sep 28, 2000
$205,000
Public Record