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$ 1,928,800
Est. payment | /mo
1 Bed
0.28 Acres Lot
$ 1,928,800
Est. payment | /mo
1 Bed
0.28 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25239472
Bedrooms 1
Lot Size 0.281 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Presenting 2730 Penn Mar Ave, an exceptional multifamily investment opportunity in El Monte, CA. The property features seven 1-bedroom/1-bathroom cottage-style units, offering a unique charm. The property boasts new electric subpanels and is separately metered for gas and electricity, simplifying management and maximizing efficiency. With onsite parking for seven vehicles and onsite laundry facilities, the property provides added convenience for tenants. 2730 Penn Mar Ave offers significant upside in rental income through market rent adjustments and the potential to add two ADUs, enhancing long-term value and cash flow. Private financing is available, offering flexibility for qualified buyers. Ideally located with easy access to both the 10 and 60 Freeways, the property ensures strong rental demand and commuter appeal. This is a rare opportunity to acquire a stabilized, well-maintained asset with built-in value-add potential in a high-demand rental market.
Location
State CA
County Los Angeles
Zoning Assessor
Direction I-10 W to Durfee Ave, Right on Magnolia St, Left on Penn Mar Ave
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 8106018016
Listed by Jagmeet Singh Keller Williams - Eagle Rock
