2730 Penn Mar Ave El Monte, CA 91732
Mountain View NeighborhoodEstimated payment $12,038/month
Highlights
- Laundry Room
- Level Lot
- 1-Story Property
About This Home
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.
Listing Agent
Keller Williams - Eagle Rock Brokerage Phone: 626-272-5941 License #01886951 Listed on: 01/15/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 0.28 Acre Lot
- 1 Common Wall
- Level Lot
Parking
- 4 Open Parking Spaces
- 3 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 3,425 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Listing and Financial Details
- Tax Lot 24
- Tax Tract Number 13568
- Assessor Parcel Number 8106018016
- $2,088 per year additional tax assessments
Community Details
Overview
- 4 Buildings
- 7 Units
Amenities
- Laundry Facilities
Building Details
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,320
- Gardener Expense $1,200
- Insurance Expense $8,671
- Professional Management Expense $4,450
- Trash Expense $2,840
- Water Sewer Expense $3,060
- New Taxes Expense $25,927
- Operating Expense $55,038
- Gross Income $149,171
- Net Operating Income $91,055
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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 | View Prior Sale |
| 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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,358,000 | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | Lawyers Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $750,000 | Stewart Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $487,500 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR26010760
APN: 8106-018-016
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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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