2708 Penn Mar Ave El Monte, CA 91732
Mountain View Neighborhood
4
Beds
3
Baths
3,272
Sq Ft
0.29
Acres
About This Home
As of December 2016Prime 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.
Last Agent to Sell the Property
RE/MAX 2000 REALTY License #01800021 Listed on: 10/07/2016
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1953
Lot Details
- 0.29 Acre Lot
- No Common Walls
- Density is 11-15 Units/Acre
Parking
- 1 Car Garage
- 5 Carport Spaces
- Parking Available
- Assigned Parking
Home Design
- 3,272 Sq Ft Home
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Additional Features
- Laundry Room
- Rain Gutters
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 21
- Tax Tract Number 13568
- Assessor Parcel Number 8106018013
Community Details
Overview
- 5 Buildings
- 5 Units
Amenities
- Laundry Facilities
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $600
- Insurance Expense $1,309
- Maintenance Expense $4,176
- Other Expense $750
- Trash Expense $1,860
- Water Sewer Expense $1,920
- New Taxes Expense $15,824
- Gross Income $86,100
- Net Operating Income $57,079
Similar Homes in El Monte, CA
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Home Values in the Area
Average Home Value in this Area
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
Agents Affiliated with this Home
-
Seller's Agent in 2025
Eric Chen
CB RICHARD ELLIS
(909) 418-2030
60 Total Sales
-
Seller's Agent in 2016
Kristopher German
RE/MAX
(909) 645-0443
2 in this area
118 Total Sales
-
E
Seller's Agent in 2015
Edgar Salcedo
UNITED EXECUTIVES
(562) 320-0332
19 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV16720420
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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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