$801,000
SOLD SEP 10, 2015

2708 Penn Mar Ave El Monte, CA 91732

Mountain View Neighborhood
3 Beds
2 Baths
3,272 Sq Ft
0.29 Acres

Recently Sold

$245 Per Sq Ft

20% Above List Price

18 Days on Market

Highlights

  • No HOA
  • 5 Carport Spaces
  • Back and Front Yard
  • Laundry Room
  • Wrought Iron Fence
  • 5-minute walk to Mountain View Park

About This Home

As of December 2016

GREAT INCOME PROPERTY in need of some TLC. Perfect for investors! 5 units totaling over 3200 living sq ft sitting on a 12,454 sq ft lot in a very desirable area of El Monte. All units are detached with assigned parking. Extra parking for visitors. Plenty of community yard space with gate for the kids entertainment and safety. Main front house is 2/1 with bonus room being used as a 3rd room. Rest of 4 units are 1/1 with good size living room and kitchen. All units will be delivered vacant at COE.

Last Agent to Sell the Property

Edgar Salcedo

UNITED EXECUTIVES License #01831174 Listed on: 08/16/2015

Last Buyer's Agent

Kristopher German

RE/MAX 2000 REALTY License #01800021

RE/MAX 2000 REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 72x179
  • No Common Walls
  • Wrought Iron Fence
  • Chain Link Fence
  • Brick Fence
  • Back and Front Yard

Parking

  • 1 Car Garage
  • 5 Carport Spaces
  • Parking Available
  • Shared Driveway
  • Assigned Parking

Home Design

  • 3,272 Sq Ft Home
  • Fixer Upper

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 21
  • Tax Tract Number 13568
  • Assessor Parcel Number 8106018013

Community Details

Overview

  • No Home Owners Association
  • 5 Buildings
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,800
  • Insurance Expense $2,000
  • Trash Expense $900
  • Water Sewer Expense $1,800
  • New Taxes Expense $8,750
  • Net Operating Income $48,350

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Other Phone Description: 6262535754
  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 8106018013
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 244.80

Exterior Features

  • Fencing: Brick, Chain Link, Wrought Iron
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 5.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Attached Carport, Detached Carport, Shared Driveway
  • Total Parking Spaces: 16.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: Community
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Back Yard, Front Yard
  • Lot Size: 72x179
  • Lot Size Sq Ft: 12575.00
  • Price Per Lot Square Foot: 63.70
  • Lot Size Acres: 0.2890

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 63600.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 12575.0000 Square Feet
  • Net Operating Income: 48350.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 15250.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8750.00
  • Tax Lot: 21
  • Tax Tract Number: 13568

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 For Sale $1,400,000 +16.7% $428 / Sq Ft
12/23/2016 12/23/16 Sold $1,200,000 -4.0% $367 / Sq Ft
10/28/2016 10/28/16 Pending -- -- --
10/07/2016 10/07/16 For Sale $1,250,000 +56.1% $382 / Sq Ft
09/10/2015 09/10/15 Sold $801,000 +19.7% $245 / Sq Ft
08/17/2015 08/17/15 Pending -- -- --
07/30/2015 07/30/15 For Sale $669,000 -- $204 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Eric Chen

    Seller's Agent in 2025

    Eric Chen

    CB RICHARD ELLIS

    (909) 418-2030

    60 Total Sales

    Section Image
  • Kristopher German

    Seller's Agent in 2016

    Kristopher German

    RE/MAX

    (909) 645-0443

    2 in this area

    118 Total Sales

    Section Image

  • E

    Seller's Agent in 2015

    Edgar Salcedo

    UNITED EXECUTIVES

    (562) 320-0332

    19 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB15167489

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County El Monte 91732 Mountain View

2708 Penn Mar Ave, El Monte, CA

This home is located at 2708 Penn Mar Ave, El Monte, CA 91732 and is currently priced at $801,000, approximately $244 per square foot. This property was built in 1953. 2708 Penn Mar Ave is a home located in Los Angeles County with nearby schools including Parkview Elementary, Mountain View High, and New Life Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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