El Monte Homes with Apartment Subtype

El Monte Homes with Apartment Subtype

Welcome to El Monte, a vibrant city nestled in the heart of Los Angeles County, California. Known for its rich history and diverse community, El Monte offers a unique blend of suburban charm and urban convenience. With its strategic location just 20 miles east of downtown Los Angeles, residents enjoy easy access to the bustling city while still relishing the tranquility of a close-knit community.

El Monte is characterized by its beautiful tree-lined streets, family-friendly parks, and a variety of shopping and dining options. The city boasts a rich cultural tapestry, reflected in its local festivals and events that celebrate the diverse heritage of its residents. Outdoor enthusiasts can explore the scenic trails of the nearby San Gabriel Mountains or enjoy recreational activities at one of El Monte's many parks, such as Arceo Park or the popular El Monte Historical Museum.

For those considering a move to this dynamic city, El Monte offers a range of housing options, including homes with an apartment subtype. These properties provide an excellent opportunity for multi-generational living or rental income potential. Imagine owning a charming home with a separate apartment unit, allowing for privacy while still being close to family or generating additional revenue. These homes often feature spacious layouts, updated amenities, and easy access to local schools and public transportation.

El Monte is not just a place to live; it’s a community where you can thrive. With its affordable housing options and a welcoming atmosphere, it’s no wonder that so many are choosing to call El Monte home. Discover the perfect blend of comfort, convenience, and community in this exceptional city!

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.