11140 Bonwood Road, El Monte, CA 91733
-
Sold Price :
$900,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1958
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 |
Close Price |
$900,000 |
Status |
Closed |
Type |
Residential Income |
Subtype |
Apartment |
Structure Size |
N/A |
Lot Size |
6,610 |
Year Built |
1958 |
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.