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Key Details
Sold Price $900,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID TR25048847
Bedrooms 8
Lot Size 9,169 Sqft
Property Sub-Type Res Income 2-4 Units
Type of Financing Conventional
Property Description
This fully occupied quadruplex at 2632 Cogswell Road, El Monte, presents a compelling investment opportunity, offering immediate and consistent cash flow in a desirable location. The property's well-maintained units provide a solid foundation for reliable rental income, while the lot size holds potential for future development or expansion, subject to El Monte's zoning regulations, allowing for value appreciation. Investors will benefit from the property's proximity to local amenities and transportation, ensuring tenant appeal, and should explore the possibility of optimizing land use for maximized returns. Conduct thorough due diligence to fully capitalize on this valuable investment in the El Monte real estate market.
This fully occupied quadruplex at 2632 Cogswell Road, El Monte, presents a compelling investment opportunity, offering immediate and consistent cash flow in a desirable location. The property's well-maintained units provide a solid foundation for reliable rental income, while the lot size holds potential for future development or expansion, subject to El Monte's zoning regulations, allowing for value appreciation. Investors will benefit from the property's proximity to local amenities and transportation, ensuring tenant appeal, and should explore the possibility of optimizing land use for maximized returns. Conduct thorough due diligence to fully capitalize on this valuable investment in the El Monte real estate market.
Location
State CA
County Los Angeles
Area El Monte (91732)
Zoning Public Rec
Building
Lot Description Sidewalks
Story 1
Others
Acceptable Financing Conventional
Space Rent $1,070
Listing Terms Conventional
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Bought with Michael Garcia • MZ BROKERAGE INC.
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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