3642 Cogswell Rd - Apartments FOR SALE


El Monte, CA 91732- Mountain View
$1,830,000 USD
818-445-7300
3642 Cogswell Rd, El Monte, CA for Sale
$1,830,000 USD
Apartments - FOR SALE
1/41
null | 5.22% Cap Rate

3642 Cogswell Rd
El Monte, CA 91732
Mountain View


HIGHLIGHTS

  • Lucrative Investment with stable income
  • Most units are renovated in the last 5 years.
  • Hugh lot (21,094 SF )with opportunity for development

OVERVIEW

Prime Investment Opportunity in El Monte, Los Angeles, CA 91732 Discover a remarkable 6-unit residential investment, featuring a front building that houses a charming single-family home with 3 bedrooms and 1.5 baths. Additionally, there are 5 mixed units, offering a blend of 2-bedroom, 1-bath and 1-bedroom, 1-bath configurations. Situated on a generous lot of 21,100 square feet, this property is in good condition with renovations. • Property Highlights: o Single-Family Home: 3 bedrooms, 1.5 baths o Mixed Units: 2-bedroom, 1-bath and 1-bedroom, 1-bath o Lot Size: 21,100 square feet, Potential to develop residential or senior or retirement facility(verify with the city) o Renovations: Most units are renovated in the last 5 years. o Parking: New roof on detached garages accommodating 7 cars, plus 5 additional parking spaces With a Gross Rent Multiplier (GRM) of 11.33 and a Current Cap Rate est. 5.22%, this property promises a robust return on investment. Don’t miss out on this lucrative opportunity in a desired location.

FOR SALE DETAILS

PRICE

$1,830,000 USD

PRICE/SF

$372 USD /SF

# OF UNITS

6

PRICE/UNIT

$305,000

CAP RATE

5.22%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,507 SF

ZONING

R3, El Monte

APN/PARCEL ID

8549-033-010

ASK ABOUT THIS PROPERTY

Sam NakornKW Commercial GlendaleMore Info
818-445-7300

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Sam NakornKW Commercial GlendaleMore Info
818-445-7300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.