El Monte, CA 91733,11132 Bonwood Road
$990,000
$995,000
0.5%
Est.Price: ?

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8 BD
4 BA

11132 Bonwood Road El Monte, CA 91733

Est. payment /mo
SOLD DATE : 09/05/2025

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Key Details

Sold Price $990,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW25087479

Sold Date 09/05/25

Bedrooms 8

Property Sub-Type Res Income 2-4 Units

Property Description

INVESTMENT GEM IN PRIME EL MONTE. Unlock exceptional potential with this diamond in the rougha 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 decadesoffering 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 Grocersplus 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 Stationmaking this a commuters dream and a smart addition to any real estate portfolio. Whether youre a seasoned investor or just entering the multifamily space, this is the kind of ass

Location

State CA

County Los Angeles

Zoning Assessor

Direction Haber St/ Bonwood Rd

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 8105019036

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MLS Router / San Diego MLS
Listed by Suong Vu Dang Mortgage Team Inc.
Bought with ANDY YU Partner Real Estate

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Alie Martinson

Alie Martinson

Agent | License ID: 01898261

+1(858) 442-1134

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