tomo logo

$7,500,000

Beds
54
sq ft
25,285

3817 Cogswell Rd, El Monte, CA 91732

3817 Cogswell Rd

El Monte, CA 91732

  • 49 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

CLAW #24421277

Price change
$7,500,000
-6.25%
07/29/2024
CLAW

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: 09/18/2024 at 6:30 PM

Listing updated: 09/05/2024 at 2:49 PM

Listed by: Roderick 'Rick' Raymundo, Marcus & Millichap Phone #: (818) 212-2700

MLS: CLAW #24421277

CLAW logo

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