11132 Bonwood rd, El Monte, CA 91733
Active
$1,100,000
4 Units
8 Beds
4 Baths
3,352 Area(sq.ft.)
Lot: 6,389 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 1 | No | $ 2,000 | $ 2,000 | $ 2,100 |
| Unit 2 | 1 | 2 | 1 | No | $ 1,633 | $ 1,633 | $ 2,100 |
| Unit 3 | 1 | 2 | 1 | No | $ 1,575 | $ 1,575 | $ 2,100 |
| Unit 4 | 1 | 2 | 1 | No | $ 1,633 | $ 1,633 | $ 2,100 |
| 4 | 8 | 4 | $ 6,841 | $ 6,841 | $ 8,400 |
| MLS #: | PW25087479MR |
| Days On Market: | 232 |
| Listing Date: | April 18, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 328 |
| Price per unit: | $ 275,000 |
| Year Built: | 1958 |
Property Details
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!Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 8,655 |
| Net Operating Income: | $ 70,237 |
| Cap Rate: | 6.39% |
| Actual Gross Rent: | $ 6,841 |
Structure
| Community Features: | Sidewalks |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | EMR3* |
| Land Lease Type: | Fee |
| Parking Garage: | Assigned, Carport |
Interior
| AC/Cooling: | None |
| Equipment: | Gas Or Electric Dryer Hookup, Laundry Area, Room, Washer Hookup |
| Heating: | Wall |
| Fireplace Rooms: | None |
| Laundry: | Gas Or Electric Dryer Hookup, Laundry Area, Room, Washer Hookup |
Exterior
| Pool: | No |
| Spa: | No |
Detailed Map
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