El Monte, CA 91732,2730 Penn Mar
Listed by Jagmeet Singh • Keller Williams - Eagle Rock
$1,925,000
Est. payment /mo
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3,425 SqFt
New

2730 Penn Mar El Monte, CA 91732

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,425 sqft

Price per Sqft $562

MLS Listing ID CRAR26010760

HOA Y/N No

Year Built 1961

Lot Size 0.282 Acres

Property Sub-Type Other

Source Datashare California Regional

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

Interior

Fireplace No

Laundry Other

Building

Lot Description Level


Bay East Association of Realtors

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Max Manatt

Max Manatt

Agent | License ID: 01957416

+1(925) 980-3375

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2730 Penn Mar