4229 Cogswell, El Monte, California 91732, El Monte, 91732 - bed, bath
ACTIVE$1,550,000
4229 Cogswell, El Monte, California 91732
0Bed
0Bath
3,212Sqft
25,083Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Income Potential: A rare quadruplex offering four fully detached units, each with separate utility meters, providing significant rental income opportunities for investors.
Top Cons:
Age of Construction: Built in 1939, the property may require significant updates to plumbing, electrical, and other systems, potentially leading to higher maintenance costs.
Compared to the nearby listings
Price:$1.55M vs avg $1.16M (+$385,500)90%
Size:3,212 sqft vs avg 2,558 sqft80%
Price/sqft:$483 vs avg $49450%
More Insights
Built in 1939 (86 years old).
Condition: Built in 1939, this property shows significant age and a clear lack of modern updates. The absence of interior photos, particularly for kitchens and bathrooms, strongly indicates these areas are highly outdated and would require substantial renovation across all four units. The property analysis explicitly highlights the need for significant updates to plumbing, electrical, and other major systems due to its age. Visible window AC units further suggest outdated cooling infrastructure. This property requires extensive rehabilitation to meet contemporary living standards and safety codes.
Year Built
1939
Close
-
List price
$1.55M
Original List price
$1.55M
Price/Sqft
$483
HOA
-
Days on market
-
Sold On
-
MLS number
PW25266148
Home ConditionPoor
Features
Patio
View-
About this home
Exceptional Investment Opportunity! Discover this rare find offering four fully detached units on one lot, each with separate utility meters and private yard space—perfect for investors or multi-generational living. Three of the units feature 2 bedrooms, 1 bathroom, and a 1-car garage. The fourth unit offers 3 bedrooms, 1 bathroom, with the garage thoughtfully converted into the third bedroom. A shared driveway serves three of the homes, while the front unit enjoys its own private driveway. This versatile property offers endless possibilities: *Live in one and rent out the other three. *Lease all four units for strong rental income. *Create a family compound with room for everyone. Don’t miss this unique opportunity to own a flexible, income-producing property!
Condition Rating
Poor
Built in 1939, this property shows significant age and a clear lack of modern updates. The absence of interior photos, particularly for kitchens and bathrooms, strongly indicates these areas are highly outdated and would require substantial renovation across all four units. The property analysis explicitly highlights the need for significant updates to plumbing, electrical, and other major systems due to its age. Visible window AC units further suggest outdated cooling infrastructure. This property requires extensive rehabilitation to meet contemporary living standards and safety codes.
Pros & Cons
Pros
Strong Income Potential: A rare quadruplex offering four fully detached units, each with separate utility meters, providing significant rental income opportunities for investors.
Detached Units & Privacy: All four units are fully detached, offering enhanced privacy and a more desirable living experience for tenants compared to attached multi-unit properties.
Tenant Appeal & Amenities: Each unit benefits from its own private yard space, a highly attractive feature for tenants seeking outdoor living and personal space.
Flexible Usage Options: The property offers versatile possibilities, including living in one unit and renting others, leasing all units, or creating a multi-generational family compound.
Large Lot Size: Situated on a substantial 25,083 sqft lot, providing ample space for residents and potential for future enhancements or development.
Cons
Age of Construction: Built in 1939, the property may require significant updates to plumbing, electrical, and other systems, potentially leading to higher maintenance costs.
Garage Conversion: One unit's garage has been converted into a third bedroom, reducing available covered parking or storage space for that unit.
Shared Access: Three of the four units utilize a shared driveway, which could lead to parking congestion or access coordination challenges among residents.