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

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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.

BILAN FINANCIER (RÉEL - 2024)

ANNUEL ANNUEL PAR m²
Revenu de location brut 94 627 € 311,30 €
Autres revenus - -
Perte due à la vacance 2 839 € 9,34 €
Revenu brut effectif 91 788 € 301,96 €
Taxes 17 222 € 56,66 €
Frais d’exploitation 17 087 € 56,21 €
Total des frais 34 309 € 112,87 €
Résultat net d’exploitation 57 479 € 189,09 €

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
1+1 4 1 426 € 56
2+1 1 2 236 € 79

TAXES FONCIÈRES

  • ID de l’annonce: 35382834

  • Date de mise sur le marché: 04/04/2025

  • Dernière mise à jour:

  • Adresse: 2708 Penn Mar Ave, El Monte, CA 91732