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$749,000   Price Analysis
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3032 Cogswell Rd
El Monte, CA 91732
2 bed 1 bath 708 SqFt ($1057/SqFt)
7,812SqFt lot. Built 1942
Listed 2024-06-04, Taxes $6,855
Ⓧ USDA Ineligible
due to location

near El Monte

Two bedrooms

* Has Contingent Offer *

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 f or 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 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.


Presented by Dick Lobin. at
Century 21 Affiliated.
Listing Agent Photo

Property MLS #PW24112238 from CRMLS

Bedrooms: 2
Bedrooms On Main Level: 2

Total Bathrooms: 1
Full Bathrooms: 1
Bathrooms On Main Level: 1

All Bedrooms Down

Laundry Features: Inside

Lot Description: 0-1 Unit/Acre, Yard
Lot Size Acres: 0.1793388
Lot Size Source: Assessor
Lot Size Square Feet: 7812

School District: El Monte Union High

Willard F. Payne Elementary School is a public elementary school located approximately 0.2 miles away.
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Mountain View High School is a public high school located approximately 0.7 miles away.
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Charles T. Kranz Intermediate School is a public middle school located approximately 1.1 miles away.
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New Life Christian School is a private elementary, middle and high school located approximately 0.9 miles away.
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Calculated Total Monthly Association Fees: 0

Community Features: Urban

Source Listing Status: Active Under Contract
County: Los Angeles
Directions: Off Valley Blvd. west of the 605
Source Property Type: Residential
Area: 619 - El Monte
Source Neighborhood: 619 - El Monte
Parcel Number: 8106003004
Postal Code Plus 4: 3531
Zoning: EMR3YY
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$100,000 + $400,000
$500,000
$6,855
2021$46,990 + $122,821
$169,811
$2,728
2020$46,509 + $121,562
$168,071
$2,705
2019$39,720 + $119,179
$158,899
$2,649
2018$38,942 + $116,843
$155,785
$2,458
2017$38,179 + $114,552
$152,731
$2,494
2016$46,451 + $120,025
$166,476
$2,401
2015$45,754 + $118,223
$163,977
$2,373
2014$44,858 + $115,908
$160,766
$2,329
2013$44,656 + $115,385
$160,041
$2,337
2012$43,781 + $113,123
$156,904
$2,280
2010$42,923 + $110,905
$153,828
$2,221
2009$42,705 + $110,339
$153,044
$2,219
2009$42,603 + $110,077
$152,680
$2,219
2008$41,868 + $108,176
$150,044
$2,102
2007$41,048 + $106,055
$147,103
$1,905

Listed 2024-06-04
$749,000
CRMLS
Sold 2021-07-12
$500,000
CRMLS

Total Square Feet Living: 708
Year Built: 1942
Common Walls: No Common Walls
Entry Level: 1
Entry Location: Front door
Living Area Source: Assessor
Property Age: 82
Levels or Stories: One
Building Total Stories: 1
Structure Type: House
Year Built Source: Public Records

Sewer: Public Sewer
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.