11140 Bonwood Rd

El Monte, CA 91733

4-unit multifamily property situated at 11140 N Bonwood Rd in El Monte.

Sales Price $1,100,000

El Monte Apartment

Beds

2

Baths

1

Home Size

3352 Sq. Ft.

Lot Size

6610 Sq. Ft.

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4-unit multifamily property situated at 11140 N Bonwood Rd in El Monte.

The property features one building and the units totaling approximately 3,300 square feet on a spacious 0.15 acre lot. Constructed in 1958, owner recently put in a new roof last year. This property offers a favorable unit mix consisting of 100% large 2-bedroom/1-bathroom units + den (which is currently being used as a third bedroom) fully occupied. Each unit includes its own separate gas and electricity metering for added convenience. Owner currently pays for water and trash. Parking accommodation includes 4 covered garages and ample street parking. Current rents are significantly below market providing roughly 30% rental upside, with projected 5+% pro forma CAP rate. Strategically this property is located to a multitude of amenities and attractions. Residents enjoy close proximity to supermarkets, national retailers, restaurants, schools, and major transportation, including the 10 freeway and El Monte Metrolink Station. Owner is willing to carry paper.

This home located at 11140 Bonwood RD is currently active and has been available on pardeeproperties.com for 5 days. This property is listed at $1,100,000. It has 2 beds and 1 bathrooms. The property was built in 1958. 11140 Bonwood RD is in the El Monte community of Los Angeles County.

Quick Facts

  • 5 days on market
  • Built in 1958
  • Total parking spaces 4Car
  • Apartment
  • Community | El Monte
  • MLS# | CV24102668MR
Connect with an agent
(1)

Elle Davidson

Partner | DRE #01881696

Listed By Cray Carlson · CB RICHARD ELLIS

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