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Listed by Jennie Leung • Keller Williams Signature Realty
$ 1,450,000
Est. payment /mo
Active
11122 Bonwood Road El Monte, CA 91733
6,279 SqFt
UPDATED:
12/13/2024 06:49 AM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,279 sqft
Price per Sqft $230
MLS Listing ID CRTR24221847
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1958
Lot Size 6,279 Sqft
Property Description
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 Monteâ€
Location
State CA
County Los Angeles
Interior
Heating Forced Air
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Community Facility
Building
Lot Description Other
Water Public
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