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$5,180,000
Est. payment /mo
0.53 Acres Lot
UPDATED:
12/12/2024 10:36 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRTR24242067
Originating Board California Regional MLS
Year Built 1984
Lot Size 0.530 Acres
Property Description
Great Location in City of EL Monte , GATED Community , 12 Units Condo Townhouse Built In Year 1981 at 2826 Cogswell Rd EL Monte CA 91732. There are 10 Units of 2 Bedrooms and 1.5 Baths Plus Attached 2-Car Garages at Monthly Rent $ 2,280 to $ 2,395 Per Unit. The Other 2 Units Are 3 Bedrooms With 1.5 Baths and Attached 2-Car Garage at Monthly Rent $ 2,639 Per Unit. Each Unit has been Renovated with Newer Laminate Flooring, Kitchen Cabinets with Granite Counter Top and Sink, Faucet, Newer Bathrooms Vanities / Cabinets / Mirrors. Each Unit Has Its Own Central AC/Heating System . Laundry Area with Washer and Dryer Hook-Up in The Garage For Each Unit. Total Monthly Gross Income $ 28,333. Annual Gross Income : $ 339,996 ; Annual Expense Includes the Current Property Tax and Insurance : $ 90,372; Annual Net Income : $ 249,624 . Tenants Pays Its Own Electricity and Gas Monthly. Owner Pays Water/ Trash Every Month. 12 Gas Meters and 12 Gas Meters and 1 Water Meter. Easy Maintenance with Low Cost Maintenance Fee. Close to Super Market , Bus Stations , Freeway Access 10,60 or 605. Property Across to Elementary School . No Pool, No HOA. Most of Tenants' Leases Are " Month-to- Month" or " 12 Months Lease ". Best Income Property for Long-Term Investment . Each Unit with its Own APN. For Sale A
Location
State CA
County Los Angeles
Area 619 - El Monte
Interior
Heating Central Forced Air
Cooling Central AC
Laundry In Garage
Exterior
Parking Features Garage
Garage Spaces 24.0
Pool None
Building
Story Split Level
Water District - Public
Others
Tax ID 8106004020
Special Listing Condition Not Applicable
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Listed by Sheng Wang • Century Commercial RE Services
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Joel Martinez
Property Connection Specialist | License ID: 02338033
Property Connection Specialist License ID: 02338033