Seller's Agent in 2026
Jag Singh
Keller Williams - Eagle Rock
(626) 331-1234
1 in this area
37 Total Sales
2730 Penn Mar Ave El Monte, CA 91732
Mountain View NeighborhoodEstimated Value: $1,907,000 - $1,986,708
1
Bed
1
Bath
3,425
Sq Ft
$568/Sq Ft
Est. Value
About This Home
As of November 2017Presenting 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.
Last Agent to Sell the Property
Century 21 Ludecke Inc. License #01146991 Listed on: 10/13/2017
Property Details
Home Type
- Apartment
Year Built
- Built in 1961
Lot Details
- 0.28 Acre Lot
- No Common Walls
- Density is 6-10 Units/Acre
Parking
- 3 Car Garage
- 4 Carport Spaces
Home Design
- 3,425 Sq Ft Home
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Additional Features
- Laundry Room
- Exterior Lighting
Listing and Financial Details
- Tax Lot 24
- Tax Tract Number 13568
- Assessor Parcel Number 8106018016
Community Details
Overview
- No Home Owners Association
- 4 Buildings
- 7 Units
Amenities
- Laundry Facilities
Building Details
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $318
- Fuel Expense $408
- Gardener Expense $1,200
- Insurance Expense $1,325
- Trash Expense $2,730
- Water Sewer Expense $1,787
- New Taxes Expense $21,100
- Operating Expense $28,868
- Gross Income $84,600
- Net Operating Income $55,732
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 13, 2017
Closed on
Oct 30, 2017
Sold by
Cheung Jessica Tze Man and Cheung Kitty
Bought by
Pi Properties No 79 Llc
Seller's Agent
Chung Ping Wang
Century 21 Ludecke Inc.
Buyer's Agent
Jag Singh
Keller Williams - Eagle Rock
List Price
$1,288,000
Sold Price
$1,358,000
Premium/Discount to List
$70,000
5.43%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$588,854
Avg. Annual Appreciation
4.42%
Purchase Details
Closed on
May 17, 2010
Sold by
Cheung Kitty
Bought by
Cheung Kitty and Kitty Cheung Family Trust
Purchase Details
Closed on
May 28, 2004
Sold by
Davidson Frank A and Davidson Judith A
Bought by
Cheung Kitty
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
6.17%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pi Properties No 79 Llc | $1,358,000 | Lawyers Title Company | |
| Cheung Jessica Tze Man | -- | Lawyers Title | |
| Cheung Kitty | -- | None Available | |
| Cheung Kitty | $750,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Cheung Kitty | $487,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/15/2026 01/15/26 | For Sale | $1,925,000 | +41.8% | $562 / Sq Ft |
| 11/08/2017 11/08/17 | Sold | $1,358,000 | -19.5% | $396 / Sq Ft |
| 10/24/2017 10/24/17 | Pending | -- | -- | -- |
| 10/21/2017 10/21/17 | Price Changed | $1,688,000 | +31.1% | $493 / Sq Ft |
| 10/21/2017 10/21/17 | For Sale | $1,288,000 | -5.2% | $376 / Sq Ft |
| 10/20/2017 10/20/17 | Off Market | $1,358,000 | -- | -- |
| 10/13/2017 10/13/17 | For Sale | $1,288,000 | -- | $376 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $21,858 | $1,545,167 | $851,094 | $694,073 |
| 2024 | $21,858 | $1,514,870 | $834,406 | $680,464 |
| 2023 | $21,512 | $1,485,168 | $818,046 | $667,122 |
| 2022 | $20,702 | $1,456,048 | $802,006 | $654,042 |
| 2021 | $21,225 | $1,427,499 | $786,281 | $641,218 |
| 2020 | $20,605 | $1,412,863 | $778,219 | $634,644 |
| 2019 | $20,580 | $1,385,160 | $762,960 | $622,200 |
| 2018 | $19,795 | $1,358,000 | $748,000 | $610,000 |
| 2017 | $13,589 | $900,775 | $300,256 | $600,519 |
| 2016 | $12,897 | $883,114 | $294,369 | $588,745 |
| 2015 | $12,759 | $869,850 | $289,948 | $579,902 |
| 2014 | $12,522 | $852,812 | $284,269 | $568,543 |
Source: Public Records
Agents Affiliated with this Home
-
Jag Singh
-
Chung Ping Wang
Seller's Agent in 2017
Chung Ping Wang
Century 21 Ludecke Inc.
(626) 445-0123
27 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR17235813
APN: 8106-018-016
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.
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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