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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
OC25190417
Home ConditionFair
Features
Good View: City Lights
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $980.0K(50th), sqft - 3166(63th), beds - undefined(50th), baths - undefined(50th).

INVESTMENT AND OPPORTUNITY FOR OWNER OCCUPIED IN EL MONTE. Unlock exceptional potential with this diamond in the rough— Live in One Unit and Rent out the rest. Fully Renovated Unit #2. This multifamily complex has long-term tenants—offering stable cash flow and massive upside for value-driven investors or owner. Each unit features spacious 2-bedroom and 1 bathroom layouts with open-concept floor plans, Individual utility meters, an enclosed front yard, a central courtyard, 4 dedicated rear parking spaces, and ample street parking. 4 separate electric & gas meters, and 1 common water meter. Great potential for ADU on top of parking for additional income. Property sale as is. A little TLC can absolutely turn it into a much more lucrative property. Conveniently located on Garvey Ave and near the 10 freeway, it is surrounded by plenty of shopping centers, restaurants, markets, and other amenities. The potential for revenue growth is abundant!

Price History

Date
Event
Price
08/22/25
Listing
$980,000
Condition Rating
Fair
Built in 1957, this multi-family property has one unit (#2) that has been fully renovated with modern kitchen cabinets, new flooring, and updated fixtures, appearing to be in excellent condition. However, the overall property is described as a 'diamond in the rough' needing 'a little TLC' and is sold 'as is,' indicating that the other units and common areas are likely aged and require updates or repairs. The exterior also shows signs of an older building. While one unit is move-in ready and modern, the property as a whole requires substantial investment to bring the remaining units and exterior up to current standards, fitting the 'Fair' category where major components are functional but show signs of being outdated, and minor updates/repairs are needed for the unrenovated portions.
Pros & Cons

Pros

Multi-Unit Income Property: This quadruplex offers significant income potential, ideal for owner-occupants or investors seeking stable cash flow from long-term tenants.
Value-Add & ADU Potential: Presents a substantial 'diamond in the rough' opportunity for value appreciation, with clear potential for an Accessory Dwelling Unit (ADU) to boost income.
Individual Utility Metering: Features separate electric and gas meters for each unit, simplifying tenant billing and reducing owner utility expenses.
Strategic Location: Conveniently situated near Garvey Ave and the 10 freeway, providing excellent accessibility to shopping, dining, and essential amenities.
Dedicated Parking: Includes 4 dedicated rear parking spaces plus ample street parking, a valuable asset for a multi-unit property.

Cons

As-Is Sale Condition: The property is being sold in 'as-is' condition, indicating potential for required repairs or upgrades by the buyer.
Renovation Required for Full Potential: Described as a 'diamond in the rough' with only one unit fully renovated, suggesting significant 'TLC' and investment needed to maximize its value.
Common Water Meter: While electric and gas are separate, a single common water meter means water expenses may need to be managed by the owner or allocated among tenants.

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