11101 Bonwood Road, El Monte, California 91733, El Monte, 91733 - bed, bath

11101 Bonwood Road, El Monte, California 91733 home-pic-0
ACTIVE$980,000
11101 Bonwood Road, El Monte, California 91733
0Bed
0Bath
3,166Sqft
6,252Lot
Year Built
1957
Close
-
List price
$980K
Original List price
$980K
Price/Sqft
$310
HOA
-
Days on market
-
Sold On
-
MLS number
OC25053820
Home ConditionFair
Features
Good View: City Lights
Patio
ViewCity Lights

About this home

We found 2 Cons,3 Pros. Rank: price - $980.0K(50th), sqft - 3166(63th), beds - undefined(50th), baths - undefined(50th).

Excellent opportunity to own this four-plex income property in El Monte! Three units occupied and one vacant. Great potential owner live in one unit and rented out three other units for additional income. All units come with 2 bedrooms, 1 bathroom, 4 separate electric & gas meters, and 1 common water meter. Great potential for ADU optional. Property for sale in as is condition. A little TLC can absolutely turn it into a much more lucrative property. Conveniently located near Garvey Ave and 10 freeway, it is surrounded by plenty of shopping centers, restaurants, markets, and other amenities. The potential for revenue growth is abundant!

Condition Rating
Fair

The property was built in 1957 and is described as needing 'a little TLC'. The images show aged kitchens and bathrooms with older appliances and fixtures. While functional, they are outdated and would benefit from updates. The property appears to have been maintained, but not recently renovated.
Pros & Cons

Pros

Income Potential: Four-plex property offers immediate income potential with three units currently occupied.
ADU Potential: Property has great potential for adding Accessory Dwelling Units (ADUs), further increasing income.
Location: Conveniently located near Garvey Ave and the 10 freeway, with easy access to shopping centers, restaurants, and markets.

Cons

As-Is Condition: Property is being sold in as-is condition, potentially requiring immediate repairs or upgrades.
Common Water Meter: Only one common water meter for all four units may complicate utility billing and management.

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