CA > El Monte
El Monte, CA 91733,11132 Bonwood RD
Andrea Goyette
Andrea Goyette

Agent | License ID: 02113148

+1(619) 559-5591

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$ 990,000

$ 995,000 0.5%

Est. payment /mo
Sold on 09/05/2025

11132 Bonwood RD El Monte, CA 91733

UPDATED:

Key Details

Sold Price $990,000

Property Type Single Family Home, Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW25087479

Year Built 1958

Property Sub-Type Quadruplex

Property Description

INVESTMENT GEM IN PRIME EL MONTE. Unlock exceptional potential with this diamond in the rough—a rare opportunity to acquire a 4-unit income property situated on a corner lot in the heart of El Monte. This multifamily complex has long-term tenants, many of whom have called it home for decades—offering stable cash flow and massive upside for value-driven investors. Each unit features spacious 2-bedroom layouts with open-concept floor plans, Individual utility meters, Shared on-site laundry facility (a value-add income stream), an enclosed front yard, a central courtyard, 4 dedicated rear parking spaces, and ample street parking. With NO local rent control in El Monte and favorable AB1482 guidelines (annual increases of up to 10% or 5% + CPI), investors have the flexibility to strategically raise rents, enhance unit interiors, or add modern amenities to significantly increase returns. Plus, take advantage of generous tax strategies, including cost segregation, to optimize long-term profitability.

Located near Durfee Ave and Rush St, this property is steps from shopping and dining such as CVS, Marshalls, Panda Express, Starbucks, and Superior Grocers—plus just minutes from El Monte Community Hospital.

Surrounded by Temple City, Arcadia, San Gabriel, and Rosemead, and only 15 miles from Downtown LA and 29 miles to Ontario Airport, with seamless access to I-10, I-60, I-605, and the El Monte Metrolink Station—making this a commuter's dream and a smart addition to any real estate portfolio.
Whether you're a seasoned investor or just entering the multifamily space, this is the kind of asset that builds long-term wealth. Don't miss your chance to transform this rare multi-unit into a cash-flow powerhouse!

Location

State CA

County Los Angeles

Area 619 - El Monte

Zoning EMR3*

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Laundry Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room

Exterior

Parking Features Assigned, Carport

Pool None

Community Features Sidewalks

Utilities Available See Remarks

Building

Lot Description Corner Lot, Landscaped

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

CRMLS – RECore
Listed by Suong Vu Dang Mortgage Team Inc. (949)500- 53
Bought with ANDY YU Partner Real Estate
Andrea Goyette

Andrea Goyette

Agent | License ID: 02113148

+1(619) 559-5591

GET MORE INFORMATION

Name
Phone*
Message

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11132 Bonwood RD