El Monte (619) Homes with Apartment Subtype

El Monte (619) Homes with Apartment Subtype

Welcome to El Monte, California – a vibrant city nestled in the heart of Los Angeles County, where suburban charm meets urban convenience. Known for its rich history and diverse community, El Monte boasts a unique blend of cultural influences that create a welcoming atmosphere for residents and visitors alike. With its strategic location just 12 miles east of downtown Los Angeles, El Monte offers easy access to major highways, public transportation, and a plethora of shopping, dining, and entertainment options.

One of the most appealing aspects of El Monte is its diverse real estate market, particularly the availability of homes with apartment subtypes. These properties are perfect for those looking to maximize their investment while enjoying the comforts of home. Whether you're a first-time buyer, an investor, or someone seeking a multi-generational living arrangement, homes with apartment subtypes in El Monte provide flexibility and potential for rental income.

Imagine living in a spacious main residence while having the option to rent out a separate unit to help offset your mortgage costs. These versatile homes often feature modern amenities, ample living space, and the charm of well-established neighborhoods. With lush parks, excellent schools, and a strong sense of community, El Monte is an ideal place to settle down and thrive.

Explore the possibilities that await you in El Monte, where the perfect blend of convenience, community, and opportunity makes it an exceptional choice for your next home. Let us help you find your dream property in this dynamic city!

Newest El Monte (619) 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

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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.