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3817 Cogswell Rd

El Monte, CA 91732
  • $7,800,000
  • STATUS: Active
  • ON SITE: 159 Days
  • ID#: 22-132627
UPDATED: 103 min ago
$7,800,000
  • 54
    BEDS
  • 1.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 25,285
    SQFT
  • $308
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1979
County:
Area:

School Ratings & Info

Description

PLEASE DO NOT WALK THE PROPERTY OR DISTURB RESIDENTS | Constructed in 1979 on a 45,418 EMR3 lot, 3817 Cogswell Road is a 28-unit property with a total building size of 25,285 square feet. The property is separately metered for gas and electric, is serviced by two water heaters, and offers an on-site laundry facility and covered and uncovered parking. 3817 Cogswell Road boasts an ideal unit mix of two one-bedroom/one-bathroom units and twenty-six two-bedroom/one-bathroom units. The units offer tile flooring, a gas stove, a ceiling fan, and wall units for heating and cooling. Select units have a balcony. Current rents are approximately 30% below market presenting a new owner with the opportunity to increase rents to market upon vacancy or further increase rental income with complete unit renovations. This property is subject to AB1482

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-08-08T23:42:48.023. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.trulinerealty.com/homes/126294985
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3817 Cogswell Rd El Monte, CA 91732

  • Price: $7,800,000
  • Status: Active
  • On Site: 159 Days
  • Updated: 103 min ago
  • ID#: 22-132627
54
Beds
0
Baths
0
½ Baths
1.04
Acres
25,285
SQFT
$308
$/SQFT
1979
Built
Neighborhood:
El Monte
County:
Los Angeles
Area:
El Monte
Property Description
PLEASE DO NOT WALK THE PROPERTY OR DISTURB RESIDENTS | Constructed in 1979 on a 45,418 EMR3 lot, 3817 Cogswell Road is a 28-unit property with a total building size of 25,285 square feet. The property is separately metered for gas and electric, is serviced by two water heaters, and offers an on-site laundry facility and covered and uncovered parking. 3817 Cogswell Road boasts an ideal unit mix of two one-bedroom/one-bathroom units and twenty-six two-bedroom/one-bathroom units. The units offer tile flooring, a gas stove, a ceiling fan, and wall units for heating and cooling. Select units have a balcony. Current rents are approximately 30% below market presenting a new owner with the opportunity to increase rents to market upon vacancy or further increase rental income with complete unit renovations. This property is subject to AB1482
Exterior Features

Lot Size Area 45418 Other Structures None Parking Garage Covered ParkingUncovered Roof Flat Total Parking 54

Interior Features

Baths Total 28.00 Cooling Wall Unit(S) Equipment Ceiling Fan Heating Wall Laundry Community Water Heater Features Central Water Heater

Property Features

Electric Expense 2286.00 Gardener Expense 3248.00 Gross Income 512700 Gross Operating Income 502266 Insurance Expense 8344.00 Like Units1 2 Like Units2 26 Maintenance Expense 16800.00 Management Expense 15068.00 Net Operating Income 2851000.00 Number Of Buildings 3 Number Of Units 28 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 217166 Trash Expense 12374.00 Type Of Units Multifamily Water Expense 15207.00 Year Built Source Assessor Zoning Emr3*

Listing provided courtesy of Priscilla Nee DRE#01435254 of Cb Richard Ellis, Inc..


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-08-08T23:42:48.023. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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TruLine Realty
2999 Overland Ave., Suite 116
Los Angeles CA, 90064