El Monte Homes with Apartment Subtype

El Monte Homes with Apartment Subtype

Welcome to El Monte, California – a vibrant city nestled in the heart of Los Angeles County. Known for its rich history and diverse community, El Monte offers the perfect blend of suburban charm and urban convenience. With its strategic location just 20 miles east of downtown Los Angeles, residents enjoy easy access to the bustling city life while relishing the peaceful atmosphere that El Monte provides.

El Monte is home to a variety of amenities, including parks, shopping centers, and dining options that cater to every palate. The city boasts a strong sense of community, with events and festivals held throughout the year that celebrate its cultural diversity. Nature enthusiasts will appreciate the nearby San Gabriel River and the scenic hiking trails that wind through the picturesque foothills.

For those considering a home in El Monte, the real estate market features a range of options, including charming homes with apartment subtypes. These properties are perfect for families, investors, or anyone looking to enjoy the benefits of multi-family living. With spacious layouts and modern amenities, these homes provide the ideal setting for both comfort and convenience. Imagine hosting family gatherings in your large backyard or enjoying the flexibility of renting out additional units for extra income.

Whether you're a first-time homebuyer or looking to expand your real estate portfolio, El Monte's homes with apartment subtypes offer an exceptional opportunity to invest in a thriving community. Discover the charm and potential of El Monte, where your dream home awaits!

Newest El Monte Homes with Apartment Subtype

$1,275,000
CV25073511 MLS Active Under Contract Status
We are proud to present 2708 Penn Mar Ave, a 5-unit multifamily property in the City of El Monte. The property is located within the city of El Monte and not subject to any local rent control. The city of El Monte is located within the San Gabriel Valley and amongst the more dense rental markets in the area with over 60% of the housing stock being renter occupied. The city is situated just 15-miles from DTLA and only a few blocks from the 605- and 10 freeways. Tenants enjoy short commutes to many notable attractions like Dodger Stadium, Hollywood Blvd, Crypto.Com Arena, Sofi Stadium, and Intuit Dome. The city is also less than 30-miles from Long Beach and Los Angeles Airports. More intimately, tenants enjoy being walking distance to several retailers along Garey Ave and Valley Blvd like CVS, Food- 4-Less, Northgate Market, and more. El Monte High School and other grade schools and parks are also within a short walk from the property. 2708 Penn Mar Ave is a 5-unit multifamily property offering 4, 1-Bedrooms and 1, 2-Bedroom units. All units are single-story bungalow-style units averaging 600 and 850 square feet. The property sits on an expansive +/- 12,468 square foot lot and offers ample space for on-site parking via garage and covered parking. The property currently collects $9,185 per month from rents and has additional revenue stream potential from on-site parking and an on-site laundry facility.

2708 Penn Mar Avenue, El Monte

Start Your Search

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.