For sale
  • Listing Provided by: 

    Jagmeet Singh DRE #01886951 626-272-5941,

    Keller Williams - Eagle Rock

    $1,928,800

    2730 Penn Mar Ave, El Monte, CA 91732

    7beds
    7baths
    3,425sqft
    : 
    Multi Family
    Built in 1961
    -- sqft lot
    $-- Zestimate®
    $563/sqft
    $-- HOA

    What's special

    Cottage-style unitsNew electric subpanelsOnsite laundry facilities
    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.
    20 days
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    150
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