3032 Cogswell Road, El Monte, CA 91732

$749,000 Asking Price

2 beds
1 bath
708  sqft
Built in 1942

Two bedrooms, one bath, this property has approved plans, permits for two additional units. $100,000 has been put into it to get ready to build. An excellent opportunity for investors or owner occupants awaits! This property has in addition to the existing house has approved plans(plans are available for review to qualified, interested parties), permits , and preliminary construction work done for two additional units and a garage. This could be your dream property and start or advance your real estate portfolio. Projected building costs for the 2 additional units and the garage are approximately $400,000. The current house is quite functional. The architect tells us this is a a R-3 zoned property. Up to 3 units on this lot. An ADU, and a Junior ADU. Buyer to check with current city policies. Confirm all with City for up to date info The projected improvements are as follows: 1. Unit 1, 749 square feet with a 101 square foot porch, 2 bedrooms and 1 bath. 2. Unit 2, two stories, 549 square feet on the ground floor and 418 square feet on the second floor. 3. Oversized 2 car garage with 439 square feet. This still leaves room for 4 or 5 additional car parking outside of the new garage.

Features & Amenities

Interior

Laundry:
Inside
A/C:
N/K
Fireplace:
N/K

Exterior

Pool:
None
Parking:
Parking spaces: 0

Construction

General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Los Angeles

Lot

Zoning:
EMR3YY, 8106003004
View:
N/K

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
Century 21 Affiliated, Richard Lobin

About El Monte, CA

Housing

Number of Units
23,402
Median Home Value
$490,864
Median Rent
$1,259

57.31% of housing units are renter occupied.

2.70% are vacant.

Commute

Car
79.60%
Public Transportation
4.03%
Walk to Work
1.20%
Work from Home
14.08%
Other
0.38%

The median travel time to work is 29 minutes.

People

Population
87,082
Median Age
36.40
Median Household Size
3.70

Education

High School
27.19%
Associate’s Degree
5.50%
Bachelor’s Degree
12.28%
Graduate Degree
2.41%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Similar Homes

Message

Interested in this home?

Request more information: