2708 Penn Mar Ave
El Monte, CA 91732

Bd   — Ba   3,272 Sqft
Prime investment property located in the highly desirable rental community of El Monte (zip 91732)! The subject property consists of 5 single story detached cottages situated on a 12,485 square foot lot. The largest unit is comprised of 2 bedrooms and 1 bathroom and has a private yard and garage parking. The remaining 4 cottages are 1 bedroom and 1 bathroom with carport parking and private gated yards. The current owner has made numerous improvements which include completely renovated interiors, new exterior paint, a new garage door, newly renovated laundry room, and new landscaping. This property is well maintained and truly turn-key. Currently the monthly rental income is $7,050 per month with little expense to the owner as the tenants pay for their own utilities. Drive by only and please do not disturb the tenants.
  • Neighborhood: Mountain View
  • Days on Movoto: 77
  • Year Built: 1953
  • HOA:
  • $/Sqft: $367
  • Lot: 12,485 Sqft
  • Property Type: Multi Family
  • MLS#: CV16720420
  • MLS:
  • Listing Office: RE/MAX 2000
  • Listed By: KRISTOPHER GERMAN
  • Movoto last checked CRMLS for new data 13 hours ago
  • CRMLS last updated this listing 1 month ago
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Property History for 2708 Penn Mar Ave, El Monte

Status
Date
Price
Sold
Dec 23, 2016
$1,200,000
Pending
Oct 28, 2016
Listed
Oct 7, 2016
$1,250,000
#CV16720420
Sold
Sep 10, 2015
$801,000
Listed
Jul 30, 2015
$669,000
#MB15167489

Compare Similar Homes for 2708 Penn Mar Ave, El Monte

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8787 Shoreham Dr #1205
  • $1,185,000
  • For Sale

    01/12/2017

  • 1 Bd
  • 1 Ba
  • —/Sqft
  • Built 1963
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2708 Penn Mar Ave
  • $1,200,000
  • Sold

    10/07/2016

  • — Bd
  • — Ba
  • 3,272 Sqft
  • $367/Sqft
  • 12,485 Sqft Lot
  • Built 1953
As of , there are 30 properties listed for sale in ZIP code 91732 and 41 properties listed for sale in the city of El Monte, CA. Those 41 properties include 28 single family homes and 13 condos. This property at 2708 Penn Mar Ave in 91732 was last listed for $1,200,000. This is 156% above the current median price of $468,000 for El Monte and 156% above the median of $468,000 for 91732. 2708 Penn Mar Ave is approximately 3,272 Sqft, which is 146% above the El Monte median of 1,330 and 146% above the 91732 ZIP code median of 1,332. This property's price per Sqft was $367, which is 3% above the current median price in 91732 of $356 and 3% above the El Monte median of $355 per square foot.
Built in 1953, this multi family house at 2708 Penn Mar Ave, El Monte CA, 91732 is approximately 3,272 square feet and comes with 6 parking spots. It was last listed for $1,250,000 with a cost per Sqft of $367. 2708 Penn Mar Ave is located in the Mountain View neighborhood in the El Monte Union High School District. The closest school is Parkview Elementary School.

2708 Penn Mar Ave, El Monte CA, 91732 was on the market for 77 days. The median days on the market for properties in this area is 52 with a median list price of $468,000 and median cost per square foot of $355. Its current status is sold under the MLS #CV16720420.

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