Active
11126 Bonwood Road
El Monte CA, 91733
$1,600,000
$313.60 per sqft
Active
5,102 sqft
Condo
Built in 1958
Listed by Kenneth Ferreira with FERREIRA REALTY 626-448-7882
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.
CV24053841
MLSⓇ ID
March 12, 2024
Listed
May 9, 2024
Updated
Map
11126 Bonwood Road
El Monte CA, 91733
Interior Features
Total Stories
2
Laundry Description
See Remarks
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.15 Acres
Lot Features
Cul-De-Sac, Front Yard, Near Public Transit
Sewer
Public Sewer
Other Property Details
Area Name
619 - El Monte
Days on Market
31
Garage
No
Parking Total
6
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
EMR3*
Buyer Agency Compensation
2.25%
Listing Contact: 626-448-7882
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 5/9/2024 at 3:05 PM UTC