$7,500,000
Active
58 Days Online
54 Beds28 Baths25,285 SQFT
Active

3817 Cogswell Road El Monte, CA 91732

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The 25, 285 square foot buildings house 28 units, of which 26 contain two bedrooms. Because El Monte is not subject to more restrictive local rent control laws, an owner can benefit from higher allowable annual rent increases under California AB 1482. The spacious lot totals more than one acre in size, offering a new owner the potential opportunity to add ADUs for a substantial increase in income (Buyer to verify). Located near the intersection of Ramona Boulevard and Peck Road, the property offers tenants access to several nearby shopping and dining destinations, including The Shops at Santa Anita, The Shops at Montebello, and Plaza West Covina. The neighboring San Gabriel Valley cities of Arcadia, Pasadena, Alhambra, Montebello, and West Covina each boast numerous employment and retail centers, which residents can easily access via the nearby 10 and 605 Freeways as well as the El Monte Metrolink Station.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site58 Days
  • MLS StatusActive
  • MLS ID Number24421277
  • Home Size Source N/A
  • Year Built1979
  • Lot Size1.0427 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Assigned
  • Parking Spaces 54
  • Number of Stories 22
  • Acreage 1.0427
  • Zoning EMR3*
  • Listing Conditions Standard

Community Features

  • Senior Community No
  • MLS Area 619 - El Monte

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Monthly Payment (Est.)

$37,688
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