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$1,450,000
Est. payment /mo
6,279 Sqft Lot
UPDATED:
12/12/2024 09:15 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRTR24221847
Originating Board California Regional MLS
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 Mont
Location
State CA
County Los Angeles
Area 619 - El Monte
Interior
Heating Forced Air
Cooling Window / Wall Unit
Laundry Washer/Dryer - Leased, Community Facility
Exterior
Pool None
Building
Water District - Public
Others
Tax ID 8105019035
Special Listing Condition Not Applicable
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Listed by Jennie Leung • Keller Williams Signature Realty
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Joel Martinez
Property Connection Specialist | License ID: 02338033
Property Connection Specialist License ID: 02338033