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$1,750,000
OC25097640 MLS
Huge opportunity for investors to get into CA’s ever lasting hot rental market!! This 13 bedrooms, 7 bathrooms, 7-units complex (2 bed/1 bath: 6 units, & 1 bd/1 bath) sprawls on a 6,046 sqft of living space, has a common laundry area, parking in the back and the front, and conveniently located near the Garvey commercial business; business district and Potrero Elementary. Remodeled between 2017/2018, the property is well kept and features upgrades such as a newly installed roof, newer bathrooms and kitchens, carpets, and a new electrical panel. Renters are on a yearly lease basis and the leases will be transferred to the buyer(s). The chance to become an investor/landlord in California is becoming few and far in between. This one is no exception to the rule and is expected to go fast!

2546 Potrero Avenue, El Monte

Listing courtesy of Listing Agent: John Tran (John@NextgenTeamRealty.com) from Listing Office: NextGen Team Realty.

$1,275,000
CV25073511 MLS
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

Listing courtesy of Listing Agent: Eric Chen (eric.chen@cbre.com) from Listing Office: CB RICHARD ELLIS.

$3,790,000
AR24177171 MLS
Discover the enchanting allure of 10004 Garvey Ave in El Monte—a property that seamlessly blends rich history with boundless potential. This stunning 9,000-square-foot masonry building, proudly standing since 1942 as a cherished movie theater, boasts a distinctive bow truss ceiling and a charming mezzanine perfect for office or storage needs. Set on nearly 23,800 square feet of land, the property commands impressive visibility with 125 feet of frontage on Garvey Ave and a sweeping 190 feet on Merced Ave. Imagine the vibrant energy brought by over 30,000 cars cruising each day, offering unparalleled exposure for any venture. With three convenient access points and an unencumbered billboard ready to generate immediate income, this site is brimming with opportunities. Zoned for Urban Multiuse, it invites visionary investors to dream big and transform this historic gem into a modern masterpiece. Embrace the chance to own a landmark in El Monte, where history meets limitless possibilities, and watch your investment thrive in this dynamic, high-traffic location.

10004 Garvey Avenue, El Monte

Listing courtesy of Listing Agent: Chuhui Huang (achh88@gmail.com) from Listing Office: Re/Max Premier Prop Arcadia.

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