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2826 Cogswell Road, El Monte, CA 91732
Priced at Only: $5,200,000
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Address: 2826 Cogswell Road, El Monte, CA 91732
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  • MLS#: OC26064919 ( Townhouse )
  • Street Address: 2826 Cogswell Road
  • Viewed: 5
  • Price: $5,200,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1981
  • Bldg sqft: 0
  • Days On Market: 38
  • Additional Information
  • County: LOS ANGELES
  • City: El Monte
  • Zipcode: 91732
  • Provided by: Latitude 33 Real Estate
  • Contact: Tian Tian
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Rare investment opportunity to acquire a gated 12 unit townhouse complex at 2826 Cogswell Rd, El Monte, perfectly positioned for 1031 exchange buyers and long term investors. Built in 1984, this stabilized asset features a strong unit mix of (10) 2BR/1.5BA and (2) 3BR/1.5BA units, each uniquely benefiting from its own Individual APN and separate tax bill, providing unparalleled future exit flexibility. Every unit has been tastefully renovated with modern laminate flooring, granite countertops, and updated cabinetry, and comes equipped with an attached 2 car garage, private laundry hook ups, and individual central HVAC systems. With tenants paying their own electricity and gas (12 separate meters) and the absence of an HOA or pool, this property ensures exceptionally low overhead and easy maintenance. Boasting a robust Monthly Gross Income of $31,215 and an Annual Net Income of $274,170, this turnkey portfolio offers immediate, high yield returns. Located directly across from an elementary school with rapid access to the 10, 60, and 605 freeways, this is a high occupancy gem in a prime San Gabriel Valley rental market.
Features
Additional Parcels Description
  1. 8106004021
  2. 8106004022
  3. 8106004023
  4. 8106004024
  5. 8106004025
  6. 8106004026
  7. 8106004027
  8. 8106004028
  9. 8106004029
  10. 8106004030
  11. 8106004031
  12. 8106004032
Association Fee
  1. 0.00
Building Area Total
  1. 12594.00
Commoninterest
  1. None
Common Walls
  1. 2+ Common Walls
Country
  1. US
Days On Market
  1. 18
Electric Expense
  1. 0.00
Fuel Expense
  1. 0.00
Garage Spaces
  1. 2.00
Insurance Expense
  1. 6528.00
Laundry Features
  1. Gas Dryer Hookup
  2. Washer Hookup
Lockboxtype
  1. Combo
Netoperatingincome
  1. 274170.00
Number Of Separate Electric Meters
  1. 13
Number Of Separate Gas Meters
  1. 12
Number With Dishwasher
  1. 12
Number With Disposal
  1. 12
Number With Range
  1. 12
Parcel Number
  1. 8106004020
Pool Features
  1. None
Professionalmanagementexpense
  1. 6600.00
Property Type
  1. Townhouse
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 459331295:CRM
Totalexpenses
  1. 100410.00
Trash Expense
  1. 9775.00
Water Sewer Expense
  1. 14878.00
Water Source
  1. Public
Year Built
  1. 1981
Year Built Source
  1. Assessor
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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