We are proud to present 11126 Bonwood Ave., El Monte—a prime 6-unit investment opportunity in the thriving West San Gabriel Valley.
This two-story courtyard-style community, built in 1958, offers excellent curb appeal and stable cash flow. The property, situated on a 6,367 sqft lot, has a total building size of approximately 5,102 sqft, with spacious two-bedroom, one-bathroom units averaging ±850 sqft each (buyer to verify). Each unit features an open floor plan, a welcoming living room, and generously sized bedrooms.
The property includes a secured courtyard, a greenbelt front yard, six rear parking spots, and additional street parking. It is separately metered for gas and electricity, serviced by central water heaters, and shares a laundry facility with an adjacent property. Investors can easily add a laundry room for extra income or possibly acquire the neighboring property to expand their portfolio.
Most tenants have lived here for over a decade, fostering a strong sense of community. The property management and owner have ensured the building is well-maintained.
With no local rent control ordinance in El Monte, annual rent increases of up to 10% or 5% + CPI are possible (per California AB1482).
Located near Durfee and Rush Rd, this property offers excellent proximity to local shopping and dining, including CVS, Superior Grocers, Marshalls, Panda Express, Starbucks, and El Monte Community Hospital. Bordered by Temple City, Arcadia, San Gabriel, and Rosemead, the property is just 15 miles from Downtown Los Angeles and 29 miles from Ontario Airport, with easy access to the 60, 10, and 605 freeways, the El Monte Metrolink Station, public transportation, and major San Gabriel Valley amenities.
This two-story courtyard-style community, built in 1958, offers excellent curb appeal and stable cash flow. The property, situated on a 6,367 sqft lot, has a total building size of approximately 5,102 sqft, with spacious two-bedroom, one-bathroom units averaging ±850 sqft each (buyer to verify). Each unit features an open floor plan, a welcoming living room, and generously sized bedrooms.
The property includes a secured courtyard, a greenbelt front yard, six rear parking spots, and additional street parking. It is separately metered for gas and electricity, serviced by central water heaters, and shares a laundry facility with an adjacent property. Investors can easily add a laundry room for extra income or possibly acquire the neighboring property to expand their portfolio.
Most tenants have lived here for over a decade, fostering a strong sense of community. The property management and owner have ensured the building is well-maintained.
With no local rent control ordinance in El Monte, annual rent increases of up to 10% or 5% + CPI are possible (per California AB1482).
Located near Durfee and Rush Rd, this property offers excellent proximity to local shopping and dining, including CVS, Superior Grocers, Marshalls, Panda Express, Starbucks, and El Monte Community Hospital. Bordered by Temple City, Arcadia, San Gabriel, and Rosemead, the property is just 15 miles from Downtown Los Angeles and 29 miles from Ontario Airport, with easy access to the 60, 10, and 605 freeways, the El Monte Metrolink Station, public transportation, and major San Gabriel Valley amenities.
Property Details
Price:
$1,450,000
MLS #:
TR24170754
Status:
Active
Baths:
0
Address:
11126 Bonwood Road
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
619elmonte
City:
El Monte
Listed Date:
Jul 14, 2024
State:
CA
ZIP:
91733
Lot Size:
6,367 sqft / 0.15 acres (approx)
Year Built:
1958
See this Listing
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Schools
Interior
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Heating
Wall Furnace
Window Features
Insulated Windows
Exterior
Community Features
Valley
Garage Spaces
0.00
Lot Features
Front Yard, Near Public Transit
Parking Features
Off Street, Parking Space, Uncovered
Parking Spots
6.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity, Gas, See Remarks, Water
Map
Community
- Address11126 Bonwood Road El Monte CA
- Area619 – El Monte
- CityEl Monte
- CountyLos Angeles
- Zip Code91733
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Courtesy of Keller Williams Signature Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
11126 Bonwood Road
El Monte, CA
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