2730 Penn Mar, El Monte, CA 91732
- $1,750,000
- List Price
- $1,750,000
- Status
- ACTIVE
- MLS#
- AR26194307
- Year Built
- 1961
- Lot Size
- 12,231
- Acres
- 0.28
- Lot Location
- Garden, Street Level
- Days on Market
- 1
- Property Type
- Multifamily
- Property Sub Type
- Apartment
Property Description
Presenting 2730 Penn Mar Ave, an exceptional multifamily investment opportunity in El Monte, CA. The property features seven 1-bedroom/1-bathroom cottage-style units, offering a unique charm. The property boasts new electric subpanels and is separately metered for gas and electricity, simplifying management and maximizing efficiency. With onsite parking for seven vehicles and onsite laundry facilities, the property provides added convenience for tenants. 2730 Penn Mar Ave offers significant upside in rental income through market rent adjustments and the potential to add two ADUs, enhancing long-term value and cash flow. Private financing is available, offering flexibility for qualified buyers. Ideally located with easy access to both the 10 and 60 Freeways, the property ensures strong rental demand and commuter appeal. This is a rare opportunity to acquire a stabilized, well-maintained asset with built-in value-add potential in a high-demand rental market.
/u.realgeeks.media/searchsangab/c21-square-logo.png){kind=logo}
Additional Information
- Pool Description
- None
- Garage Spaces Total
- 3
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 7
- Gross Scheduled Income
- $154,056
- Operating Expense
- 52656
Listing courtesy of Listing Agent: Jagmeet Singh (jsingh@sigcommercial.com) from Listing Office: Keller Williams - Eagle Rock.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.