855.375.4001
Listed by 626-448-7882 - Kenneth Ferreira - FERREIRA REALTY
$1,550,000 affordable loan icon Calculate Payment

11126 Bonwood Road El Monte, CA 91733

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Apartment Residence
Beds
Baths
... Bed/Bath
5,102 Sq. Ft.

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Last updated on 7/6/2024 11:00 PM
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 themselv...es 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. Continue reading
MLS#
CV24053841
Property Type
Apartment
Year Built
1958
Square Feet
5,102 sq. ft
Lot Size
0.15
Sewer
Sewer Connected, Public Sewer

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Listed by 626-448-7882 - Kenneth Ferreira - FERREIRA REALTY
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 7/6/2024 11:00 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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