NOT LISTED FOR SALE

3543 Cogswell Rd El Monte, CA 91732

River East Neighborhood

Estimated Value: $1,464,000 - $1,847,000

9 Beds
4 Baths
3,806 Sq Ft
$434/Sq Ft Est. Value

Last Sold February 23, 2023

Last sale price $1,555,000 $409 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $10,707/month

91 Days on Market

Highlights

  • 0.49 Acre Lot
  • No HOA
  • 1-Story Property
  • El Monte High School Rated A-
  • Laundry Room

About This Home

As of February 2023

Price reduction !!! Proud to present huge R3 lot with 4 units property .Perfect opportunity for investors or end users seeking growth , stability and a hedge against inflation to acquire the excellent property ..... Features one of 3 bedrooms / 1 bath , three of 2 bedroom / 1 baths . Each units are individually metered for gas , electricity and own yard . Ample parking . Easy access to the 60, 10, and 605 freeways. Buyer performs all due diligence before submitting offer . Tenants are NOT AWARE property is for sale , please do NOT APPROACH tenants or walk on property.

Last Agent to Sell the Property

Shirley Lam

IRN REALTY License #01254472 Listed on: 10/10/2022

IRN REALTY

Last Buyer's Agent

Tiffany My Wong

Equity Smart Real Estate Services License #01907450

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,317

Year Built

  • Built in 1942

Lot Details

  • 0.49 Acre Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 10 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Parking Lot
  • Assigned Parking

Home Design

  • Apartment

Interior Spaces

  • 3,806 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 8 / B
  • Tax Tract Number 11283
  • Assessor Parcel Number 8567006012

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,560
  • Insurance Expense $3,825
  • Trash Expense $3,240
  • Water Sewer Expense $3,200
  • Operating Expense $12,098
  • Gross Income $73,128
  • Net Operating Income $61,030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,317

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 400000
  • Property Attached: Yes
  • Water Sewer Expenses: 3200.00
  • Zoning: EMR3YY
  • Property Type: Residential Income
  • Gardener Expense: 1560.00
  • Parcel Number: 8567006012
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 408.57

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Parking Space
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 10.00

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 3240.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 21195.00
  • Lot Size Acres: 0.4866

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 952 Square Feet
  • Average3 Bed Area: 1174 Square Feet
  • Gross Income: 73128.00
  • Gross Scheduled Income: 73128.00
  • Insurance Expense: 3825.00
  • Lot Size Area: 21195.0000 Square Feet
  • Net Operating Income: 61030.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 12098.00
  • Rent Control: No
  • Total Actual Rent: 73128.00
  • Total Expenses: 12098.00

Tax Info

  • Tax Block: B
  • Tax Census Tract: 4333.04
  • Tax Lot: 8
  • Tax Tract Number: 11283

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2022
Closed on
Jan 26, 2023
Sold by
Stanley Lau Md Inc
Bought by
Tommy Tam And Cynthia Wong Family Trust
Seller's Agent
Shirley Lam
IRN REALTY
Buyer's Agent
Tiffany My Wong
Equity Smart Real Estate Services
List Price
$1,790,000
Sold Price
$1,555,000
Premium/Discount to List
-$235,000
-13.13%
Views
73
Current Estimated Value
$1,651,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,923
Avg. Annual Appreciation
2.81%
Original Mortgage
$855,000
Outstanding Balance
$829,109
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$839,265

Purchase Details

Listed on
Jun 4, 2021
Closed on
Jun 10, 2021
Sold by
Hoang Trang Ngoc
Bought by
Stanley Lau Md Inc and Lau
Seller's Agent
August Wen
Century 21 Masters
Buyer's Agent
Shirley Lam
IRN REALTY
List Price
$1,250,000
Sold Price
$1,369,000
Premium/Discount to List
$119,000
9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%

Purchase Details

Closed on
Oct 18, 2002
Sold by
Estrada Pablo S and Estrada Antonia
Bought by
Diaz Benjamin and Diaz Angelina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
5.99%

Purchase Details

Closed on
Aug 27, 2002
Sold by
Diaz Benjamin and Diaz Angelina
Bought by
Hoang Trang Ngoc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
5.99%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tommy Tam And Cynthia Wong Family Trust $1,492,727 Ticor Title
Stanley Lau Md Inc $1,369,000 Chicago Title
Diaz Benjamin -- United Title Company
Hoang Trang Ngoc $505,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tommy Tam And Cynthia Wong Family Trust $855,000
Previous Owner Hoang Trang Ngoc $335,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2023 02/23/23 Sold $1,555,000 -2.8% $409 / Sq Ft
01/09/2023 01/09/23 Pending -- -- --
11/28/2022 11/28/22 Price Changed $1,600,000 -3.0% $420 / Sq Ft
11/10/2022 11/10/22 Price Changed $1,650,000 -2.4% $434 / Sq Ft
11/04/2022 11/04/22 Price Changed $1,690,000 -5.6% $444 / Sq Ft
10/10/2022 10/10/22 For Sale $1,790,000 +30.8% $470 / Sq Ft
07/02/2021 07/02/21 Sold $1,369,000 +9.5% $360 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $1,250,000 -- $328 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $21,317 $1,553,316 $1,010,228 $543,088
2024 $21,317 $1,522,860 $990,420 $532,440
2023 $19,712 $1,396,380 $907,800 $488,580
2022 $18,956 $1,369,000 $890,000 $479,000
2021 $10,478 $675,697 $317,109 $358,588
2020 $10,183 $668,770 $313,858 $354,912
2019 $10,170 $655,657 $307,704 $347,953
2018 $9,599 $642,802 $301,671 $341,131
2016 $8,850 $617,843 $289,957 $327,886
2015 $8,755 $608,563 $285,602 $322,961
2014 $8,592 $596,643 $280,008 $316,635
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Shirley Lam

    IRN REALTY

    (626) 447-5100

    3 in this area

    46 Total Sales

    Shirley Lam
    Section Image

  • T

    Buyer's Agent in 2023

    Tiffany My Wong

    Equity Smart Real Estate Services

    (626) 592-0826

    1 in this area

    18 Total Sales

    Tiffany My Wong
    Section Image
  • August Wen

    Seller's Agent in 2021

    August Wen

    Century 21 Masters

    (626) 688-7763

    2 in this area

    27 Total Sales

    August Wen
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS22218833

California Regional Multiple Listing Service (CRMLS)

APN: 8567-006-012

California Los Angeles County El Monte 91732 River East

3543 Cogswell Rd, El Monte, CA

This home is located at 3543 Cogswell Rd, El Monte, CA 91732 since 10 October 2022 and is currently estimated at $1,651,923, approximately $434 per square foot. This property was built in 1942. 3543 Cogswell Rd is a home located in Los Angeles County with nearby schools including Baker Elementary and El Monte High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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