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Back 2708 Penn Mar Avenue
Off Market

2708 Penn Mar Avenue

El Monte CA 91732

3
2
12468 sq. ft.
Multi-Family
Last sold for $1,250,000
ERIC CHENERIC CHEN, last sold this property on 02 September 2026 after 428 days on market.

Overview

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.

Features

3 bedrooms
2 bathrooms
12468 sq. ft. lot size
Multi-Family

Estimated Value

We need at least 3 similar 3 bedroom multi families sold in El Monte over the last 12 months.

Property history for 2708 Penn Mar Avenue

2026
Sold
$1,250,000
02 Sep 2026 by ERIC CHEN, of CB RICHARD ELLIS

Happy sellers in El Monte

<50%
Less than 50% of sellers in El Monte reported that their sale price either exceeded or met their price expectations.

El Monte stands out as a desirable community for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in El Monte over the last 12 months.

Local market activity for 3 bedroom multi families in El Monte

In the last 12 months, 1 three-bedroom multi family similar to 2708 Penn Mar Avenue, have been sold.

This represents a 50% increase in three-bedroom multi families sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in El Monte

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Lan "Gloria" Xiao

Lan "Gloria" Xiao is an award winning recommended agent for El Monte.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (110 reviews)
  •  1 Review in El Monte
  •  1 Sale in El Monte
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Ana Malagon

Ana Malagon is a recommended agent for El Monte.  They have collected 1 local review across the last 12 months.

  •   5   (6 reviews)
  •  1 Review in El Monte
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PEISHAN HE

PEISHAN HE is a recommended agent for El Monte.  They have collected 1 local review across the last 12 months.

  •   5   (17 reviews)
  •  1 Review in El Monte
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RHEA BAI

RHEA BAI is a recommended agent for El Monte.  They have 3 local sales across the last 12 months.

  •  3 Sales in El Monte
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