11132 Bonwood RD Active Save Request In-Person Tour Request Virtual Tour
El Monte,CA 91733
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW25087479
Year Built 1958
Lot Size 6,389 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
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 m
Location
State CA
County Los Angeles
Area 619 - El Monte
Rooms
Kitchen Garbage Disposal
Interior
Heating Wall Furnace
Cooling None
Laundry In Laundry Room,Laundry Area,30,38
Exterior
Parking Features Assigned Spaces,Carport
Garage Spaces 4.0
Pool 31,None
Building
Water Hot Water,District - Public
Others
Tax ID 8105019036
Special Listing Condition Not Applicable