3032 Cogswell Rd, El Monte, California, United States | Homes For Sale at GLOBAL LISTINGS

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Home For Sale

$749,000

3032 Cogswell Rd
El Monte, California, United States

2bd 1ba

Listed By: Realtyww Info

Listed On: 08/25/2024

Listing ID: GL11480469 View More Details

Description

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.

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Listed by: Dick Lobin.