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 that beautifully blends suburban charm with urban convenience. Known for its rich history and diverse community, El Monte boasts a unique character that attracts families, young professionals, and investors alike. With a population of around 115,000, this bustling city offers a welcoming atmosphere and a variety of amenities that cater to all lifestyles.

El Monte is well-connected, making it an ideal location for commuters. With easy access to major highways like the I-10 and I-605, residents can enjoy a quick trip to downtown Los Angeles or the San Gabriel Valley. The city is also served by public transportation options, including the Metro Gold Line, ensuring that residents can navigate the area with ease.

When it comes to real estate, El Monte presents an enticing opportunity for homebuyers and investors, particularly in the realm of homes with apartment subtypes. These properties offer the perfect blend of comfort and functionality, making them ideal for multi-generational families or those seeking rental income. With spacious layouts, modern amenities, and the potential for additional units, these homes cater to a variety of needs and preferences.

Moreover, El Monte's neighborhoods are characterized by tree-lined streets, parks, and a strong sense of community. Residents can enjoy a range of recreational activities, including local parks, shopping centers, and cultural events that celebrate the city's rich heritage.

If you're looking to invest in a home with an apartment subtype in El Monte, you'll find a thriving market that promises not only a place to live but also a vibrant community to call home. Discover the charm of El Monte, where opportunity and lifestyle come together seamlessly!

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.