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11126 Bonwood Road

El Monte, CA 91733

– beds
– baths
– sqft
6,367 sqft lot
1958 build
– on site

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.

Listed By CRMLS_CA / Jennie Leung / Keller Williams Signature Realty / 909-322-4350

Last checked: Checking… • Last updated Oct 29, 2024 •

MLS# TR24170754 —

The Building

Year Built:

1958
Year Built Source:

Assessor
New Construction:

No
Entry Level:

1
Common Walls:

2+ Common Walls
Building Area Total:

5102.00
Building Area Units:

Square Feet
# of Buildings:

1
Total Number Of Units:

6
Stories Total:

2
# of Separate Gas Meters:

7
# of Separate Water Meters:

1
# of Separate Electric Meters:

7

Interior

Levels:

Two
Entry Location:

Mian and 2nd floor
Window Features:

Insulated Windows
Number Wall AC:

6
Fireplace:

No
Fireplace:

None
Laundry:

See Remarks
Laundry:

1

Location

Directions:

See GPS
Latitude:

34.05484400
Longitude:

-118.03305300

The Property

Property Type:

Residential Income
Subtype:

Apartment
Zoning:

EMR3*
Lot Features:

Front Yard, Near Public Transit
Lot Size Area:

6367.0000
Lot Size Acres:

0.1462
Lot Size SqFt:

6367.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

Yes
Additional Parcels Description:

8105019034
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

4339.03
Tax Tract:

23323
Tax Lot:

20

The Listing

Special Listing Conditions:

Standard
Parcel Number:

8105019035

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Senior Community:

No
Features:

Valley
Pool:

None
Private Pool:

No
Association:

No
Assessments:

Yes
Assessments:

Special Assessments, Buyer to Verify

Parking

Parking:

Yes
Parking:

Off Street, Parking Space, Uncovered
Parking Spaces:

6.00
Uncovered Spaces:

6.00

Extra Units

Average 2 Bed Area:

6

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price
9/6/24 Sep 6, 2024	Listed / Active	CRMLS_CA	$1,450,000
6/21/24 Jun 21, 2024	Price Changed	CRMLS_CA
3/18/24 Mar 18, 2024	Listed / Active	CRMLS_CA

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This multifamily located in El Monte, CA 91733 is currently for sale for $1,450,000. 11126 Bonwood Road is a – square foot multifamily with – beds and – baths that has been on Estately for 79 days. This multifamily is in the attendance area of Kranz Intermediate School and Cogswell Elementary School.

Listing Courtesy of: CRMLS_CA and Keller Williams Signature Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 07:30 on Nov 24.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.