11132 Bonwood Rd
El Monte, CA 91733
INVESTMENT GEM IN PRIME EL MONTE.
Sales Price $995,000
Beds
8
Baths
4
Home Size
3352 Sq. Ft.
Lot Size
6389 Sq. Ft.
Request a Showing — 11132 Bonwood Rd
INVESTMENT GEM IN PRIME EL MONTE.
Unlock exceptional potential with this diamond in the rough a rare opportunity to acquire a 4-unit income property situated on a corner lot in the heart of El Monte. This multifamily complex has long-term tenants, many of whom have called it home for decades offering stable cash flow and massive upside for value-driven investors. Each unit features spacious 2-bedroom layouts with open-concept floor plans, Individual utility meters, Shared on-site laundry facility (a value-add income stream), an enclosed front yard, a central courtyard, 4 dedicated rear parking spaces, and ample street parking. With NO local rent control in El Monte and favorable AB1482 guidelines (annual increases of up to 10% or 5% + CPI), investors have the flexibility to strategically raise rents, enhance unit interiors, or add modern amenities to significantly increase returns. Plus, take advantage of generous tax strategies, including cost segregation, to optimize long-term profitability. Located near Durfee Ave and Rush St, this property is steps from shopping and dining such as CVS, Marshalls, Panda Express, Starbucks, and Superior Grocers plus just minutes from El Monte Community Hospital. Surrounded by Temple City, Arcadia, San Gabriel, and Rosemead, and only 15 miles from Downtown LA and 29 miles to Ontario Airport, with seamless access to I-10, I-60, I-605, and the El Monte Metrolink Station making this a commuter s dream and a smart addition to any real estate portfolio. Whether you re a seasoned investor or just entering the multifamily space, this is the kind of asset that builds long-term wealth. Don t miss your chance to transform this rare multi-unit into a cash-flow powerhouse!
This home located at 11132 Bonwood RD is currently active and has been available on pardeeproperties.com for 106 days. This property is listed at $995,000. It has 8 beds and 4 bathrooms. The property was built in 1958. 11132 Bonwood RD is in the El Monte community of Los Angeles County.
Quick Facts
- 106 days on market
- Built in 1958
- Total parking spaces 4Car
- Assigned, Carport
- Community | El Monte
- MLS# | PW25087479MR
Features
- None Cooling
- Wall Heat
The multiple listings information is provided by The MLS™/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2014 The MLS™/CLAW. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate and should be independently verified.
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