2708 Penn Mar Avenue, El Monte, CA 91732
Property · 3 recorded sales since 2015
Sold September 2026
Listing Agent: Eric Chen (DRE #01489184) · Listing Office: CB RICHARD ELLIS · Contact: 626-757-5717 · Bought with: TING CHU · IRN REALTY · MLS #CV25073511 · Source: CRMLS
How this sale compares
2708 Penn Mar Avenue sold for $1,250,000 in September 2026, 2.0% under its $1,275,000 list price, after 437 days on the market. It was first listed at $1,400,000. Across 106 closed sales in 91732 over the last 12 months, the median sold price is $755,000 and the median is $459 per square foot.
| Quarter | Closed sales in 91732 | Median sold price |
|---|---|---|
| Q1 2026 | 9 | $575,000 |
| Q2 2026 | 45 | $805,000 |
| Q3 2026 | 47 | $750,000 |
| Q4 2026 | 5 | $698,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in El Monte · Homes for sale in 91732
Description
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.
Listing description from the September 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 2708 Penn Mar Avenue
12003 Magnolia Street: Sold $1,100,000 · Sep 2026 · 0.2 mi
Torelli Investment Realty | DRE #00666517
Buyer's agent: Guy Torelli, Torelli Investment Realty | DRE #006665172908 Cogswell Road: Sold $1,350,000 · Jun 2026 · 0.2 mi
High Ten Partners, Inc. | DRE #01122649
Buyer's agent: Sharon Chou, High Ten Partners, Inc. | DRE #011226492988 Allgeyer: Sold $685,000 · 3 bd · 3 ba · 1,447 sqft · Aug 2026 · 0.3 mi
Wetrust Realty | DRE #02101324
Buyer's agent: HUANLONG WU, CALLAWAY REALTY, INC. | DRE #0209887711308 Elliott: Sold $820,000 · 2 bd · 1 ba · 876 sqft · Sep 2026 · 0.5 mi
VICTOR CHIU REALTY | DRE #00945691
Buyer's agent: Sunny Sun, Pinnacle Real Estate Group | DRE #0171662212346 FELIPE: Sold $880,000 · Jun 2026 · 0.5 mi
Professional R.E. Center, Inc. | DRE #01808100
Buyer's agent: Tingting Wang, Wetrust Realty | DRE #0223642212125 Maryvine: Sold $772,000 · 3 bd · 2 ba · 1,184 sqft · Sep 2026 · 0.5 mi
Price Real Estate Group, Inc | DRE #01462648
Buyer's agent: Wun Kwan, Pinnacle Real Estate Group | DRE #0193889511405 Garvey Avenue B: Sold $660,000 · 3 bd · 3 ba · 1,540 sqft · Jul 2026 · 0.5 mi
Wetrust Realty | DRE #01801771
Buyer's agent: Tiffany Zheng, Wetrust Realty | DRE #018017712297 Cogswell Rd: Sold $968,000 · 5 bd · 2 ba · 1,511 sqft · Jul 2026 · 0.5 mi
PACIFIC STERLING REALTY/Irvine | DRE #02147274
Buyer's agent: QING LIU, PACIFIC STERLING REALTY/Irvine | DRE #02020411
Closed sales reported in 91732, nearest first, last 12 months. All recent sales in El Monte →