2708 Penn Mar Avenue, El Monte, CA 91732

About this property

Prime investment property located in the highly desirable rental community of El Monte (zip 91732)! The subject property consists of 5 single story detached cottages situated on a 12,485 square foot lot. The largest unit is comprised of 2 bedrooms and 1 bathroom and has a private yard and garage parking. The remaining 4 cottages are 1 bedroom and 1 bathroom with carport parking and private gated yards. The current owner has made numerous improvements which include completely renovated interiors, new exterior paint, a new garage door, newly renovated laundry room, and new landscaping. This property is well maintained and truly turn-key. Currently the monthly rental income is $7,050 per month with little expense to the owner as the tenants pay for their own utilities. Drive by only and please do not disturb the tenants.

Listing description from the December 2016 sale, as reported to CRMLS.

Sale history

$1,200,000

Sold December 2016 · listed $1,250,000, on market October 2016 · MLS #CV16720420 · Source: CRMLS

Listing Agent: KRISTOPHER GERMAN · Listing Office: RE/MAX 2000 · Contact: 909-948-2988 · Bought with: KRISTOPHER GERMAN · RE/MAX 2000

$801,000

Sold September 2015 · listed $669,000, on market July 2015 · MLS #MB15167489 · Source: CRMLS

Listing Agent: EDGAR SALCEDO · Listing Office: UNITED EXECUTIVES · Contact: 626-967-9000 · Bought with: KRISTOPHER GERMAN · RE/MAX 2000

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