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For SaleLuxury

$1,750,000

12,232 sqft$143/sqft63 days on market

2730 Penn Mar Ave

El Monte, CA 91732

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

12,232

Square feet

1961

Built

Listing narrative

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.

Listing agent (MLS): Jagmeet Singh · Listing brokerage (MLS): Keller Williams - Eagle Rock

Property Details

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Price

$1,750,000

Beds

Beds n/a

Type

Condo

Home Size

12,232 sqft

Baths

Baths n/a

Lot Size

0.28 acres

Year

1961

Status

For Sale

Days on Market

63

$ / Sqft

$143

· 8% down, 7% APR, 30yr fixed
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Courtesy of Keller Williams - Eagle Rock