CA > El Monte
El Monte, CA 91732,3817 Cogswell Rd
El Monte, CA 91732,3817 Cogswell Rd
El Monte, CA 91732,3817 Cogswell Rd
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Shawn Kormondy

Shawn Kormondy

+1(323) 638-7567
$7,500,000
Est. payment /mo
54 Beds
28 Baths
25,285 SqFt
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UPDATED:

09/05/2024 09:32 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 25,285 sqft

Price per Sqft $296

MLS Listing ID 24-421277

Bedrooms 54

Year Built 1979

Lot Size 1.043 Acres

Acres 1.043

Property 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.

Location

State CA

County Los Angeles

Area El Monte

Zoning EMR3*

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Assigned

Garage Spaces 54.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

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Listed by Marcus & Millichap

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Shawn Kormondy

+1(323) 638-7567

Agent | License ID: 01451888

Agent License ID: 01451888

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