Active

2708 Penn Mar Avenue

El Monte, CA 91732

$1,275,000 $5,375/Mo

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Overview

Bed

Bath

3,272

Sqft

12,468

Sqft(Lot)

Description

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.

Property Details

Property Type : Residential Income

Price : $1,275,000

AD Id : 63805419

MLS Id : CV25073511

Lot Size : 12,468 Sqft

Living Area Size : 3,272

Year Built : 1953

Garage : 1

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer
Cooling Features

Wall/Window Unit(s) Air Conditioning

Heating Source

Wall Furnace Has Heating

Building Information

Year Built: 1953 Building Area Total: 3,272
Pool Features

None

Laundry Features

Common Area

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2862
Lot Size Source: Assessor Lot Size Square Feet: 12468

Listing Price Information

Original List Price: 1,275,000 Listing Contract Date: 2025-04-04
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 8106018013

Other Property Info

Source Listing Status: Active Source Neighborhood: 619 - El Monte Postal Code Plus 4: 3412 Directions: Merge onto I-10 W, Take exit 30 for Garvey Ave/Durfee Ave, Turn left onto Durfee Ave, Turn right onto Magnolia St, Turn left onto Penn Mar Ave Zoning: EMR3YY Source Property Type: Residential Income Area: 619 - El Monte Property SubType: Apartment
Building and Construction

Property Age: 73 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: One Building Total Stories: 1

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
12543 Pinehurst, El Monte, CA, 91732	$495,000	2	3	1,078	1,078 SqFt
4501 Peck Road #9, El Monte, CA, 91732	$368,000	1	1	717	717 SqFt
4501 Peck Road #46, El Monte, CA, 91732	$360,000	1	1	717	717 SqFt
11855 Ramona Blvd, El Monte, CA, 91732	$674,000	3	3	1,511	1,511 SqFt
11829 Ferris Road #C, El Monte, CA, 91732	$489,988	2	2	1,013	1,013 SqFt
11875 Exline Street #A, El Monte, CA, 91732	$509,000	2	2	1,188	1,188 SqFt
4501 Peck Road #63, El Monte, CA, 91732	$359,900	1	1	717	717 SqFt
11405 Garvey Avenue #B, El Monte, CA, 91732	$675,000	3	3	1,540	1,540 SqFt

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ByOwner last updated this listing 06/09/2026 @ 14:51

MLS: CV25073511 LISTED BY: Eric Chen, CB RICHARD ELLIS 909-418-2000 SOURCE: CRMLS