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.
Features
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Address Map
U.S.
California
Los Angeles
El Monte
91732
3817 Cogswell Road
0
W119° 59' 7.3''
N34° 4' 23.2''
MLS Addon
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25,285 Sqft
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We are pleased to announce the opportunity to purchase 3817 Cogswell Road, a 28-unit multifamily property situated within the San Gabriel Valley, in the city of El Monte, CA.
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Residential Income For Sale El Monte

3817 Cogswell Road, El Monte, Los Angeles, California, 91732

54 Bedrooms
25,285 Sqft
Visits : 9 in 50 days
$7,500,000
Listing ID #24421277
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 24421277
Price : $7,500,000
Bedrooms : 54
Square Footage : 25,285 Sqft
Year Built : 1979
Lot Area : 45,418 Acre
Status : Active
Agent info
Damian M. Ramirez
Damian M. Ramirez
  • 01974515
  • 1213238
  • PWDAMRA
Broker
Broker
A level-headed and composed professional.  Combat veteran and experienced CEO with the ability to train and motivate staff to meet challenging performance targets and consistently satisfy clients with high-quality service.
Contact Agent
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