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, where urban convenience meets suburban charm. Just a stone’s throw away from downtown Los Angeles, El Monte offers residents the perfect blend of accessibility and community spirit. With its rich history, diverse culture, and a wealth of recreational opportunities, it’s no wonder that El Monte is a sought-after destination for homebuyers.

El Monte boasts a variety of homes, with a particular emphasis on properties featuring apartment subtypes. Whether you’re a first-time buyer, an investor, or looking for a multi-family residence, the options here are both plentiful and appealing. These homes often come with spacious layouts, modern amenities, and the potential for rental income, making them an excellent choice for those looking to maximize their investment.

Living in El Monte means enjoying a plethora of local attractions, including parks, shopping centers, and dining options that reflect the city’s diverse heritage. The nearby San Gabriel River provides a scenic backdrop for outdoor enthusiasts, while the bustling city center offers a vibrant atmosphere filled with community events and cultural festivals.

With a strong sense of community and a commitment to growth, El Monte is not just a place to live; it’s a place to thrive. Explore the array of homes with apartment subtypes available in this dynamic city and discover the perfect residence that fits your lifestyle. Embrace the opportunity to be part of El Monte’s exciting future!

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

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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.