$1,750,000

Estimated payment $11,898/month

Total Views 570
7 Beds
7 Baths
3,425 Sq Ft
$511 Price per Sq Ft

Highlights

  • Garden
  • Level Lot
  • 1-Story Property
  • Laundry Facilities

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

Jag Singh

Keller Williams - Eagle Rock Brokerage Phone: 626-272-5941 License #01886951 Listed on: 09/04/2026

Keller Williams - Eagle Rock

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 12,231 Sq Ft Lot
  • 1 Common Wall
  • Level Lot
  • Garden

Parking

  • 3 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 3,425 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Full Bathrooms

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 13568
  • Assessor Parcel Number 8106018016
  • $2,500 per year additional tax assessments

Community Details

Overview

  • 5 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 $3,060
  • Pest Control $1,200
  • Professional Management Expense $4,425
  • Trash Expense $2,840
  • Water Sewer Expense $3,060
  • New Taxes Expense $23,570
  • Operating Expense $52,656
  • Gross Income $154,056
  • Net Operating Income $98,175

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0.28 Acres

Parking

3

Listing Details

  • Professional Management Expense: 4425.00
  • Property Attached: Yes
  • Water Sewer Expenses: 3060.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 8106018016
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 7
  • Total Bedrooms: 7
  • Entry Level: 1
  • Price Per Square Foot: 510.95

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Pest Control Expense: 1200.00
  • Sewer: Public Sewer
  • Trash Expense: 2840.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Garden
  • Lot Size Sq Ft: 12231.00
  • Lot Size Acres: 0.2808

Multi Family

  • Electric Expense: 1320.00
  • Gross Income: 154056.00
  • Gross Scheduled Income: 154056.00
  • Insurance Expense: 3060.00
  • Lot Size Area: 12231.0000 Square Feet
  • Net Operating Income: 98175.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Operating Expense: 52656.00
  • Rent Control: No
  • Total Expenses: 52656.00

Tax Info

  • New Taxes Expense: 23570.00
  • Tax Lot: 24
  • Tax Tract Number: 13568
  • TaxOtherAnnualAssessmentAmount: 2500.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $23,311 $1,576,069 $868,115 $707,954
2025 $23,311 $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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/04/2026 09/04/26 For Sale $1,750,000 +28.9% $511 / 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
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Lawyers Title
Grant Deed $1,358,000 Lawyers Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $750,000 Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $975,000 Commercial
Previous Owner $637,000 Future Advance Clause Open End Mortgage
Previous Owner $500,000 Commercial
Previous Owner $487,500 Commercial
Previous Owner $200,000 Commercial
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR26194307

California Regional Multiple Listing Service (CRMLS)

APN: 8106-018-016

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