6
$1,750,000 Sale
Listed 38 days ago
2730 Penn Mar
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Key Facts
Key facts for 2730 Penn Mar
Property Type
Apartment
Parking
3 garage, 3 parking
MLS #
AR26194307
Size
-
Basement
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Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
1961
Maintenance Fee
-
Description
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 ma...nagement 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., Directions:East of Peck Rd and South of 10 Freeway, Close of Mountain View High School
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Listing courtesy of: Keller Williams - Eagle Rock