$ 1,450,000
11126 Bonwood Road El Monte, CA 91733
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Listed by Jennie Leung • Keller Williams Signature Realty
$ 1,450,000
Est. payment /mo
Active
11126 Bonwood Road El Monte, CA 91733
5,102 SqFt
UPDATED:
09/06/2024 08:01 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,102 sqft
Price per Sqft $284
MLS Listing ID CRTR24170754
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1958
Lot Size 6,367 Sqft
Property Description
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 l
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry See Remarks
Exterior
Parking Type Other, Uncovered Parking Space
Building
Lot Description Other, Front Yard
Water Public
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