11140 Bonwood Road

El Monte, CA 91733

$900,000

Sold Price
N/A

bed Beds

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shower Baths

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straighten / sqft

1958

calendar_month Built

Property Description

4-unit multifamily property situated at 11140 N Bonwood Rd in El Monte. The property features one building and the units totaling approximately 3,300 square feet on a spacious 0.15 acre lot. Constructed in 1958, owner recently put in a new roof last year. This property offers a favorable unit mix consisting of 100% large 2-bedroom/1-bathroom units + den (which is currently being used as a third bedroom) fully occupied. Each unit includes its own separate gas and electricity metering for added convenience. Owner currently pays for water and trash. Parking accommodation includes 4 covered garages and ample street parking. Current rents are significantly below market providing roughly 30% rental upside, with projected 5+% pro forma CAP rate. Strategically this property is located to a multitude of amenities and attractions. Residents enjoy close proximity to supermarkets, national retailers, restaurants, schools, and major transportation, including the 10 freeway and El Monte Metrolink Station. Owner is willing to carry paper.

Interior Features

Laundry Information
Location(s) None
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 11140 Bonwood Road
City El Monte
State CA
Zip 91733
County Los Angeles
Listing Agent Cray Carlson DRE#01101138
Courtesy Of CB RICHARD ELLIS
MLS CV24102668
Close Price $900,000
Close Date Friday, August 9th, 2024
Status Closed
Type Residential Income
Subtype Apartment
Structure Size N/A
Lot Size 6,610
Year Built 1958
DOM 41

Exterior Information

Maps

Listing information courtesy of: Cray Carlson, CB RICHARD ELLIS . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 13th, 2024 at 5:07 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.