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2730 Penn Mar, El Monte, CA 91732
Priced at Only: $1,925,000
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Address: 2730 Penn Mar, El Monte, CA 91732
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  • MLS#: AR26010760 ( Apartment )
  • Street Address: 2730 Penn Mar
  • Viewed: 2
  • Price: $1,925,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1961
  • Bldg sqft: 0
  • Days On Market: 43
  • Additional Information
  • County: LOS ANGELES
  • City: El Monte
  • Zipcode: 91732
  • Provided by: Keller Williams - Eagle Rock
  • Contact: Jagmeet Jagmeet
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
Features
Building Area Total
  1. 3425.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 1 Common Wall
Country
  1. US
Days On Market
  1. 38
Electric Expense
  1. 1320.00
Fuel Expense
  1. 0.00
Garage Spaces
  1. 3.00
Gardner Expense
  1. 1200.00
Insurance Expense
  1. 8671.00
Laundry Features
  1. Common Area
Lot Features
  1. Level with Street
Netoperatingincome
  1. 91055.00
Newtaxesexpense
  1. 25927.00
Parcel Number
  1. 8106018016
Pool Features
  1. None
Professionalmanagementexpense
  1. 4450.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 454754578:CRM
Totalexpenses
  1. 55038.00
Trash Expense
  1. 2840.00
Uncovered Spaces
  1. 4.00
Water Sewer Expense
  1. 3060.00
Water Source
  1. Public
Year Built
  1. 1961
Year Built Source
  1. Assessor
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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