$7,500,000
- Beds
- 54
- sq ft
- 25,285
3817 Cogswell Rd, El Monte, CA 91732
3817 Cogswell Rd
El Monte, CA 91732
- 146 days on market
- Price drop $500,000↓
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.
Details
Property type
Lot size
1.0427 acres
Price per sq ft
$297
Year built
1979
HOA
No
Price History
09/05/2024
CLAW #24421277
Price change
$7,500,000
-6.25%
07/29/2024
CLAW #24421277
Listed
$8,000,000
Schools & Community
Neighborhood:
River East
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 12/24/2024 at 8:50 AM
Listing updated: 12/04/2024 at 7:35 PM
Listed by: Roderick 'Rick' Raymundo, Marcus & Millichap Phone #: (818) 212-2700
MLS: CLAW #24421277
Recently listed in El Monte
$751,324|3 bd|3.5 ba|Townhouse
$692,990|2 bd|2.5 ba|Townhouse
$939,000|3 bd|2.0 ba|House
$699,000|2 bd|1.0 ba|House
$810,000|3 bd|2.0 ba|House
$180,000|3 bd|2.0 ba|Manufactured
$170,000|3 bd|2.0 ba|Manufactured
$739,000|3 bd|2.0 ba|House
$2,250,000|2 bd|1.0 ba|
$648,990|2 bd|2.5 ba|Townhouse
Explore top cities in California