2708 Penn Mar Avenue, El Monte, CA 91732
Local realty services provided by:ERA Excel Realty
2708 Penn Mar Avenue,El Monte, CA 91732
$1,400,000
- - Beds
- - Baths
- 3,272 sq. ft.
- Multi-family
- Active
Listed by: eric chen
Office: cb richard ellis
MLS#:CV25073511
Source:CRMLS
Price summary
- Price:$1,400,000
- Price per sq. ft.:$427.87
About this home
We are proud to present 2708 Penn Mar Ave, a 5-unit multifamily property in the City of El Monte.
The property is located within the city of El Monte and not subject to any local rent control. The city of El Monte is located within the San Gabriel Valley and amongst the more dense rental markets in the area with over 60% of the housing stock being renter occupied. The city is situated just 15-miles from DTLA and only a few blocks from the 605- and 10 freeways. Tenants enjoy short commutes to many notable attractions like Dodger Stadium, Hollywood Blvd, Crypto.Com Arena, Sofi Stadium, and Intuit Dome. The city is also less than 30-miles from Long Beach and Los Angeles Airports. More intimately, tenants enjoy being walking distance to several retailers along Garey Ave and Valley Blvd like CVS, Food- 4-Less, Northgate Market, and more. El Monte High School and other grade schools and parks are also within a short walk from the property.
2708 Penn Mar Ave is a 5-unit multifamily property offering 4, 1-Bedrooms and 1, 2-Bedroom units. All units are single-story bungalow-style units averaging 600 and 850 square feet. The property sits on an expansive +/- 12,468 square foot lot and offers ample space for on-site parking via garage and covered parking. The property currently collects $9,185 per month from rents and has additional revenue stream potential from on-site parking and an on-site laundry facility.
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Home facts
- Year built:1953
- Listing ID #:CV25073511
- Added:229 day(s) ago
- Updated:November 20, 2025 at 02:18 PM
Rooms and interior
- Living area:3,272 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnace
Structure and exterior
- Year built:1953
- Building area:3,272 sq. ft.
- Lot area:0.29 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,400,000
- Price per sq. ft.:$427.87
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