Homes for sale - 3817 Cogswell Rd, El Monte, CA 91732

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Gregory Masi

gregory@gregorymasi.com +1(310) 488-4880

$ 7,500,000

Est. payment | -/mo

54 Beds

28 Baths

25,285 SqFt

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$ 7,500,000

Est. payment | -/mo

Save

54 Beds

28 Baths

25,285 SqFt

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

Garage Assigned

Garage Spaces 54.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Marcus & Millichap

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Gregory Masi

REALTOR® | Lic# 1708321

gregory@gregorymasi.com

+1(310) 488-4880

11601 Wilshire Blvd., Suite 101 Los Angeles, CA

3817 Cogswell Rd El Monte, CA 91732

Gregory Masi

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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3817 Cogswell Rd