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: 18
  • Year Built: 1953
  • HOA:
  • $/Sqft: $382
  • Lot: 12,485 Sqft
  • Property Type: Single Family
  • MLS#: CV16720420
  • MLS:
  • Listing Office: RE/MAX 2000
  • Listing Broker: KRISTOPHER GERMAN
  • Movoto last checked CRMLS for new data 1 hour ago
  • CRMLS last updated this listing 2 weeks ago

Home Features for 2708 Penn Mar Ave , El Monte

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Real Estate Market Statistics of 2708 Penn Mar Avenue , El Monte

El Monte, California

Total Inventory For Sale

68 Homes

+3% m/m -8% y/y

Median List Price


0% m/m +18% y/y

Median Days On Market

47 Days

+2% m/m -21% y/y

Median House Size

1,457 Sqft

0% m/m +3% y/y

Median Price Per Square Foot

$328 /Sqft

0% m/m +10% y/y

Median Price

As of today, , there are 53 properties listed for sale in ZIP code 91732 and 68 properties listed for sale in the city of El Monte, CA. Of those 68 properties, there are 58 single family houses and 10 condos. The current list price for 2708 Penn Mar Ave is $1,250,000, which is 136% above the median price of $529,000 for El Monte and 139% above the median of $524,000 for 91732. 2708 Penn Mar Ave is approximately 3,272 Sqft, which is 125% above the median size in El Monte of 1,457 Sqft and 128% above the median size in 91732 of 1,435 Sqft. This property's price per Sqft is $382, which is 14% above the median in 91732 of $334 and 16% above the El Monte median of $328.

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Built in 1953, this single family house at 2708 Penn Mar Ave is approximately 3,272 square feet and comes with 6 parking spots. It is listed on 10/07/2016 for $1,250,000 with a cost per Sqft of $382. 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 has been on the market for 18 days. The median days on the market for properties in this area is 47 with a median list price of $529,000 and median cost per square foot of $328. It's currently listed as active under the MLS #CV16720420.

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