2730 Penn Mar, El Monte, CA 91732
List Price: $1.75M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1961
Lot Size: 12,231 sq ft
Garage Spaces: 3
Private Pool: Yes
MLS Number: AR26194307
About This Property
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 provided by: Jagmeet Singh DRE #01886951 562-334-1500 jsingh@sigcommercial.com, Keller Williams - Eagle Rock
Source: CRMLS, MLS #: AR26194307
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.