11122 Bonwood Road

El Monte, CA 91733

  • 0 Bed(s)
  • 0 Bath(s)
  • 6,279 Sqft
  • 6279
    Sqft(Lot)
$1,450,000

Description

We are proud to present a unique 12-unit investment opportunity at 11122 and 11126 bonwood ave., el monte—a prime asset in the thriving west san gabriel valley listed at $2,900,000. these two adjacent, two-story courtyard-style communities, built in 1958, boast excellent curb appeal and stable cash flow. combined, the properties sit on a total lot size of 12,734 sqft, featuring an approximate total building size of 10,204 sqft, with twelve spacious two-bedroom, one-bathroom units averaging ±850 sqft each (buyer to verify), totaling 24 bedrooms and 12 bathrooms.



each unit offers an open floor plan, a welcoming living room, and generously sized bedrooms, fostering a comfortable and community-oriented atmosphere among tenants, many of whom have lived here for over a decade. the properties share a secure courtyard, a greenbelt front yard, twelve rear parking spots, and additional street parking. both buildings are separately metered, with a total of 14 gas meters, 14 electrical meters, and 2 water meters, and they include a shared laundry facility for additional income.



with two apn numbers (8105019034 and 8105019035), this combined investment offers various opportunities to maximize income, including rental increases, laundry income, and upgrades to units or amenities. el monte’s absence of a local rent control ordinance allows for annual rent increases of up to 10% or 5% + cpi per california ab1482. additionally, owning this income property allows investors to maximize various tax benefits, including cost segregation.



located near durfee and rush rd, this property is ideally positioned close to local shopping and dining options, such as cvs, superior grocers, marshalls, panda express, starbucks, and el monte community hospital. surrounded by temple city, arcadia, san gabriel, and rosemead, this complex is just 15 miles from downtown los angeles and 29 miles from ontario airport, with seamless access to the 60, 10, and 605 freeways, the el monte metrolink station, public transportation, and all major san gabriel valley amenities. this dual-building investment offers a unique opportunity for investors seeking steady income growth in a high-demand area.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    47485053

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Fireplace: None

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Forced Air
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1958
    • Building Area Total: 6,279

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1441
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 6279

  • Listing Price Information

    • Original List Price: 1,450,000
    • Listing Contract Date: 2024-10-25

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 8105019035

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 619 - El Monte
    • Postal Code Plus 4: 2842
    • Directions: GPS
    • Zoning: EMR3*
    • Source Property Type: Residential Income
    • Area: 619 - El Monte
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 66
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 12
    • Entry Location: Up and down
    • Property Attached: Yes
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BuyOwner last updated this listing 12/04/2024 @ 13:51

  • MLS: TR24221847
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 6,279 sqft, 6,279 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of El Monte , in zip code 91733, this Los Angeles County Home are nearby neighborhoods.