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 m
MLS #
CRPW25087479
MLS Source
California Regional MLS
Days on Site
24
Appliances
Garbage Disposal
Cooling
None
Heating
Wall Furnace
Pool
None
Garage/Parking
Assigned Spaces, Carport, Garage: 0 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 4 | 4 |
11132 Bonwood Rd is a Residential Income in El Monte, CA 91733. This – square foot property sits on a 6,389 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,100,000 and was built in 1958.
This address can also be written as 11132 Bonwood Rd, El Monte, CA 91733.©2025 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of April 22, 2025. For the most current information, please contact Suong Vu