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3642 Cogswell Rd, El Monte, CA 91732

$2,529,637

Last sold 01/25/2025 for $1.93M

8
bed
7
bath
4,920
Sqft ($392/Sqft)

Multi-family not for sale

About 3642 Cogswell Rd

Property type Multi-family

Neighborhood

Year built 1950

HOA fee $0/month

Lot size 0.48 Acre

Movoto estimate

Parking 7 garage spaces

Property description

Single house with 3 bedrooms and 1.5 baths plus 5 additional units. Most units have been recently renovated. New roof on the garage which accommodates 7 cars, plus 5 more spaces parking. The rental income is the actual collection (not a proforma number.) Potential to convert the garage to additional ADU. Huge lot size with an opportunity to develop the residential or retirement facility. Check with the City to verify. Drive by only, do not enter the properties, or speak to tenants, offers are subject to interior inspection. Sellers will excercise 1031 tax deferred exchange. For further information, please contact the listing agent via text, email, or phone call. Please note that the seller and broker/agent have not verified the number of bedrooms and bathrooms. Buyers are encouraged to conduct their own due diligence with the relevant city or government agencies.

Listed by

Listing Agent - Somboon Nakorn

Listing Office - Keller Williams Glendale

Source: The MLS

MLS#24-474309 • last updated 1 year ago

Movoto checked The MLS for data 11 minutes ago

Overview
Levels/Style	One
MLS #	24-474309
Type	Residential Income
Status	Sold
SqFt	4920
Lot Size (SqFt)	21100
Lot Size (Acres)	0.4844
Tax (Mello-Roos)	Unknown
Tax Rate (Year)	2024
Prop Tax	25896
Year Built	1950
Condition	Updated/Remodeled

Interior
Bathroom Desc	Low Flow Shower(s), Low Flow Toilet(s)
Total # of Baths	7
Bedroom Desc	Primary Bedroom
Total # of Bedrooms	8
Kitchen	Granite Counters
Flooring	Laminate
Fireplace Desc	Living Room
Appliances	Gas Grill
Interior Features	Detached/No Common Walls
Windows	Window Blinds
Accessibility Features	None

Exterior
Foundation	Slab
Exterior	Detached/No Common Walls
Roof	Composition, Shingle
# Garage Spaces	7
# Parking Spaces	12
Parking Desc	Garage - 2 Car, Garage Is Detached, Private Garage, Shared Driveway
# Covered Parking Spaces	7
Patio	Patio Open
Lot Desc	Single Lot
Add'l Structures	None
Lot Location	Flats

Amenities / Utilities
Water	Public, Water District
Sewer/ Septic	In Connected And Paid
Water Heater	Gas, Water Heater Unit
Equipment	Cable
HOA Amenities	None

Location
County	Los Angeles
Waterfront	None
View	None
Zoning	EMR3*
APN	8549-033-010

Multifamily Details
Tenant Pays	Cable TV, Electricity, Gas
Unit 3: Furnished	No
Unit 1: Furnished	No
Unit 3: Projected Rent	3400
Unit 1: Projected Rent	3500
Unit 1: # Beds	3
Unit 1: Rent	3375
Unit 2: Rent	2265
Unit 3: Rent	3290
Owner Pays	Water, Other
Unit 2: Furnished	No
Unit 2: Projected Rent	7200
Unit 3: # Beds	1
Unit 2: # Beds	2
Unit 2: # Baths	1
Unit 3: # Baths	1
Unit 1: # Baths	1.5
Unit 2: Actual Rent	6795
Unit 3: Actual Rent	3290
Unit Type	2106, 2107, 2108
Unit 1: Actual Rent	3375
Total # Of Buildings	4
Total Rent	161520
Annual Gross Income	161520
Net Operating Income	95440
Gross Spendable income	50581
Annual Rent	161520
Cap Rate	5.22
Vacancy Amount (%)	3
Gross Income	161520
Gross Operating Income	161520
Gross Scheduled Income	161520
Expense: Maintenance %	4
Gross Rent Multiplier	11.33
Monthlygrossincome	13460
Total Annual Expenses	61234
Vacancy Amount ($)	4846