3817 Cogswell Road, El Monte, CA 91732
- $8,000,000
- $316
- $8,000,000
- $316
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.
Address
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Address: 3817 Cogswell Road
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City: El Monte
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State/county: CA
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Zip/Postal Code: 91732
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Area: 619 - El Monte
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Country: United States
Details
Updated on September 9, 2024 at 6:15 pm-
Property ID SGR-33705713
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Price $8,000,000
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Property Size 25285.00 m²
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Land Area 45418.00 m²
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Bedrooms 54
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Bathrooms 28
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Year Built 1979
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Property Type Residential Income
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Property Status For Sale
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Living Area 25285.00
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MLS# 24421277
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Office Name MARCUS & MILLICHAP
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Agent Name Roderick 'Rick' Raymundo
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MLS Status Active
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Living Area Prefix Sqft
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Agent State License 01357019
Additional details
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County Los Angeles
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Parking 54.00
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