2708 Penn Mar Ave Immeuble residentiel 5 lots 1 201 942 € (240 388 €/Lot) Taux de capitalisation 4,78 % El Monte, CA 91732



INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Prime Rental Location in San Gabriel Valley – Located just West of the 605- FWY less than 15-Miles from DTLA and Bordered by San Gabriel
- Attractive Parcel Configuration with All Single-Story Bungalow-Style Floorplans Spanning Across a +/- 12,500 SF Lot
- 5.67% CAP Rate and 11.38 GRM at Market Rents
- Convenient Location just Blocks from Heavy Retail Corridors on Garvey Ave and Valley Blvd
- Boasts Strong In-Place Rents for the Area - Averaging +/- $1,837 per Month, the Property Offers a 4.78% CAP Rate and 12.7 GRM
- Not Subject to any Local Rent Control – Allowing Higher Annual Rent Increases of 5% Plus Current CPI
RÉSUMÉ ANALYTIQUE
CBRE Inc., as the Exclusive Advisor, is 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. The opportunity is presented at a healthy 4.78% CAP Rate and 12.70 GRM with upside via annual increases or improvements to market rent over time.
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. The opportunity is presented at a healthy 4.78% CAP Rate and 12.70 GRM with upside via annual increases or improvements to market rent over time.
BILAN FINANCIER (RÉEL - 2024) |
ANNUEL | ANNUEL PAR m² |
---|---|---|
Revenu de location brut |
94 627 €
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311,30 €
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Autres revenus |
-
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-
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Perte due à la vacance |
2 839 €
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9,34 €
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Revenu brut effectif |
91 788 €
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301,96 €
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Taxes |
17 222 €
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56,66 €
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Frais d’exploitation |
17 087 €
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56,21 €
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Total des frais |
34 309 €
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112,87 €
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Résultat net d’exploitation |
57 479 €
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189,09 €
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INFORMATIONS SUR L’IMMEUBLE
Prix | 1 201 942 € |
Prix par lot | 240 388 € |
Type de vente | Investissement |
Taux de capitalisation | 4,78 % |
Multiplicateur du loyer brut | 12.7 |
Nb de lots | 5 |
Type de bien | Immeuble residentiel |
Sous-type de bien | Appartement |
Style d’appartement | De faible hauteur |
Classe d’immeuble | C |
Surface du lot | 0,12 ha |
Surface de l’immeuble | 304 m² |
Occupation moyenne | 100% |
Nb d’étages | 1 |
Année de construction | 1953 |
Ratio de stationnement | 0,17/1 000 m² |
Zone de développement économique [USA] |
Oui |
Zonage | R3 |
CARACTÉRISTIQUES
CARACTÉRISTIQUES DU SITE
- Laverie
LOT INFORMATIONS SUR LA COMBINAISON
DESCRIPTION | NB DE LOTS | MOY. LOYER/MOIS | m² |
---|---|---|---|
1+1 | 4 | 1 426 € | 56 |
2+1 | 1 | 2 236 € | 79 |
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TAXES FONCIÈRES
Numéro de parcelle | 8106-018-013 | Évaluation totale | 1 195 673 € (2025) |
Évaluation du terrain | 777 189 € (2025) | Impôts annuels | 17 222 € (56,66 €/m²) |
Évaluation des aménagements | 418 484 € (2025) | Année d’imposition | 2024 |