11132 Bonwood Road, El Monte, CA

$995,000

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8

Beds

4

Baths

0.15

Acres

About 11132 Bonwood Road

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

Features of 11132 Bonwood Road

MLS® # PW25087479
Price $995,000
Bedrooms 8
Bathrooms 4.00
Acres 0.15
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 11132 Bonwood Road
Area SOUTH EL MONTE (91733)
City El Monte
County Los Angeles
State CA
Zip Code 91733

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Cooling N/K
Fireplace Yes
Stories 2 Story

Exterior

Lot Description Corner Lot,Sidewalks

Additional Information

Date Listed April 18th, 2025
Days on Market 140
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeDang Mortgage Team Inc.

Listing Map

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