11126 Bonwood Rd El Monte, CA 91733
Mountain View Neighborhood
12
Beds
6
Baths
5,102
Sq Ft
6,367
Sq Ft Lot
Highlights
- Property is near public transit
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- No HOA
- Laundry Room
- Front Yard
About This Home
As of April 2025We 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 Monte’s absence of a local rent control ordinance allows for annual rent increases of up to 10% or 5% + CPI per California AB1482. Additionally, owning this income property allows investors to maximize various tax benefits, including cost segregation.
Located near Durfee and Rush Rd, this property is ideally positioned close to local shopping and dining options, such as CVS, Superior Grocers, Marshalls, Panda Express, Starbucks, and El Monte Community Hospital. Surrounded by Temple City, Arcadia, San Gabriel, and Rosemead, this complex is just 15 miles from Downtown Los Angeles and 29 miles from Ontario Airport, with seamless access to the 60, 10, and 605 freeways, the El Monte Metrolink Station, public transportation, and all major San Gabriel Valley amenities. This dual-building investment offers a unique opportunity for investors seeking steady income growth in a high-demand area.
Last Agent to Sell the Property
Pinnacle Real Estate Group Brokerage Phone: 909-322-4350 License #02011045 Listed on: 09/06/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1958
Lot Details
- 6,367 Sq Ft Lot
- Two or More Common Walls
- Front Yard
- 8105019034
Home Design
- Apartment
Interior Spaces
- 5,102 Sq Ft Home
- 2-Story Property
- Insulated Windows
- Laundry Room
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Bathrooms
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- Parking Available
- Parking Lot
- Off-Street Parking
Location
- Property is near public transit
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas, water
- Tax Lot 20
- Tax Tract Number 23323
- Assessor Parcel Number 8105019035
- $4,816 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 6 Units
- Valley
Building Details
- 6 Leased Units
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $257
- Fuel Expense $3,478
- Gardener Expense $5,685
- Insurance Expense $2,171
- Maintenance Expense $3,931
- Pest Control $1,543
- Professional Management Expense $3,931
- Trash Expense $3,349
- Water Sewer Expense $5,664
- Operating Expense $28,665
- Gross Income $112,152
- Net Operating Income $64,171
Similar Home in El Monte, CA
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/02/2025 04/02/25 | Sold | $1,305,000 | -10.0% | $256 / Sq Ft |
| 03/12/2025 03/12/25 | Pending | -- | -- | -- |
| 09/06/2024 09/06/24 | For Sale | $1,450,000 | +11.1% | $284 / Sq Ft |
| 08/30/2024 08/30/24 | Off Market | $1,305,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Jennie Leung
Seller's Agent in 2025
Jennie Leung
Pinnacle Real Estate Group
(909) 860-9002
2 in this area
26 Total Sales
-
NoEmail NoEmail
N
Buyer's Agent in 2025
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
4 in this area
5,581 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR24170754
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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