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3817 Cogswell Road, El Monte, CA 91732
Priced at Only: $7,500,000
For more Information Call Mobile: 714.478.6676
Address: 3817 Cogswell Road, El Monte, CA 91732
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  • MLS#: 24421277 ( )
  • Street Address: 3817 Cogswell Road
  • Viewed: 12
  • Price: $7,500,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1979
  • Bldg sqft: 0
  • Days On Market: 151
  • Additional Information
  • County: LOS ANGELES
  • City: El Monte
  • Zipcode: 91732
  • Provided by: Marcus & Millichap
  • Contact: Roderick Roderick
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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.
Features
Building Area Total
  1. 25285.00
Country
  1. US
Levels
  1. Two
Netoperatingincome
  1. 348367.00
Parcel Number
  1. 8567003043
Parking Features
  1. Assigned
Sourcesystemkey
  1. 24-421277:CLAW
Totalexpenses
  1. 260849.00
Views
  1. 12
Year Built
  1. 1979
Zoning
  1. EMR3*
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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