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 43 minutes ago
  • CRMLS last updated this listing 4 months ago
Go Tour Nearby Homes

Property History

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
As of , there are 44 properties listed for sale in ZIP code 91732 and 50 properties listed for sale in the city of El Monte, CA. Those 50 properties include 30 single family homes and 20 condos. This property at 2708 Penn Mar Ave in 91732 was last listed for $1,200,000. This is 150% above the current median price of $479,999 for El Monte and 161% above the median of $459,000 for 91732. 2708 Penn Mar Ave is approximately 3,272 square feet, which is 132% above the El Monte median of 1,408 and 137% above the 91732 ZIP code median of 1,379. This property's price per square foot was $367, which is 6% above the current median price in 91732 of $347 and 6% above the El Monte median of $347 per Sqft.
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 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 46 with a median list price of $479,999 and median cost per square foot of $347. Its current status is sold under the MLS #CV16720420.

View active properties and off-market properties in this area. Or connect with a top-rated Movoto agent to learn about El Monte market trends and find homes like this one.

Meet with a real estate agent today Call (877) 505-9582.

Movoto
El Monte Agent

I'm happy to give you a quick call to answer all your questions about this home and schedule a tour.