11126 Bonwood Road

El Monte, CA 91733

$1,600,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $313 / sqft

1958

calendar_month Built

Property Description

Presenting an excellent investment opportunity in the City of El Monte! We are proud to offer this exceptionally well-maintained 6 unit building, on the market for the first time in over 30 years. The property management company and ownership takes great care of the property and the tenants themselves demonstrate a strong sense of pride in their homes, resulting in a well-kept and inviting atmosphere throughout the property. A common courtyard with lots of shade and fruit trees are situated between 11126 and 11122 (also available for sale). Each of the 6 units within the building offers spacious living quarters. These well-designed apartments consist of 2 bedrooms, 1 bath, a comfortable living room, and a dedicated dining area. The property is equipped with 7 gas meters and 7 electric meters, allowing each unit to manage its own utilities effectively. Parking for 6 cars is also conveniently located behind the building, providing space for tenants and their vehicles. Strategically positioned in a highly desirable location, this property offers proximity to transportation options, schools, and various dining establishments. Moreover, its easy access to major freeways, including the 10, 60, and 605, adds tremendous value and convenience for residents. It is worth noting that the current rental rates are below market value, and the community laundry room is not being used, representing an exceptional opportunity for increased cash flow. The building is currently 100% occupied, with 5 of 6 tenants who have enjoyed calling this place home for over 15 yeas underscoring the desirability and satisfaction of living in this community.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 11126 Bonwood Road
City El Monte
State CA
Zip 91733
County Los Angeles
Listing Agent Kenneth Ferreira DRE#01473057
Courtesy Of FERREIRA REALTY
MLS CV24053841
List Price $1,600,000
Status Active
Type Residential Income
Subtype Apartment
Structure Size N/A
Lot Size 6,367
Year Built 1958
DOM 32

Exterior Information

Maps

Listing information courtesy of: Kenneth Ferreira, FERREIRA REALTY . *Based on information from the Association of REALTORS/Multiple Listing as of Apr 17th, 2024 at 2:41 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.