Active
3817 Cogswell Road
El Monte CA, 91732
$7,500,000
$296.62 per sqft
Active
54 Beds
28 Baths
25,285 sqft
Residential
Built in 1979
Listed by Roderick 'Rick' Raymundo with Marcus & Millichap 213-943-1855
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.
24421277
MLSⓇ ID
July 29, 2024
Listed
December 5, 2024
Updated
Map
3817 Cogswell Road
El Monte CA, 91732
Interior Features
Total Stories
2
Bedrooms
54
Total Bathrooms
28
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
1.04 Acres
Other Property Details
Area Name
619 - El Monte
Days on Market
128
Garage
No
Parking
Assigned
Parking Total
54
View
No
County
Los Angeles
Pool
No
Zoning
EMR3*
Listing History
Date | Event | Price |
|---|---|---|
9/5/2024 | Price change | $7,500,000 -7% |
Listing Contact: 818-212-2700
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 12/5/2024 at 6:21 AM UTC