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: $0 HOA
  • $/Sqft: $367
  • Lot: 12,485 Sqft
  • Property Type: Multi Family
  • MLS#: CV16720420
  • MLS:
  • Listing Office: RE/MAX 2000
  • Movoto last checked CRMLS for new data 34 minutes ago
  • CRMLS last updated this listing 5 months ago

Home Features for 2708 Penn Mar Avenue, El Monte


Compare Similar Homes for 2708 Penn Mar Avenue, El Monte

Price estimate is $2,385,288 based on the following nearby homes which average $729/Sqft
You can refine the estimate by removing homes that are not similar
A 24.76 mi
1046 Princeton Dr #210
  • $1,295,000
  • For Sale

    41 days

  • 1 Bd
  • 1 Ba
  • 1,776 Sqft
  • $729 /Sqft
  • 1.06 Acres Lot
  • Built 2007
2708 Penn Mar Ave
  • $1,200,000
  • Sold

    77 days

  • — Bd
  • — Ba
  • 3,272 Sqft
  • $367 /Sqft
  • 12,485 Sqft Lot
  • Built 1953
Talk to Movoto About Selling

Property History for 2708 Penn Mar Avenue, El Monte

Dec 23, 2016
Oct 28, 2016
Oct 7, 2016
Sep 10, 2015
Jul 30, 2015
2708 Penn Mar Ave in ZIP code 91732 is a multi family home that was last listed for $1,200,000. This is 147% above the current median of $485,000 for 91732 and 140% above the current median price of $499,500 for the city of El Monte, CA. As of today, , there are 51 properties listed for sale in the 91732 area and 62 properties listed for sale in El Monte. Of those 62 properties for sale, 40 are single family homes and 22 are condos. 2708 Penn Mar Ave is approximately 3,272 Sqft, 133% above the El Monte median of 1,406 and 137% above the 91732 ZIP code median of 1,379. The price per square foot was $367 which is 6% above the current median price in 91732 of $346 and 8% above the El Monte median of $340 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 57 with a median list price of $499,500 and median cost per square foot of $340. Its current status is sold under the MLS #CV16720420.

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