11101 Bonwood Road, El Monte, California 91733, El Monte, 91733 - 8 bed, 4 bath
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El Monte, California 91733
This Value-Add Quadruplex represents a High-Potential Investment Opportunity with a List Price of $1,070,000—positioned well below the $1,193,259 Fair Market Value by 10%. This valuation gap delivers $123,259 in Instant Equity for the incoming buyer. While the property carries a Condition Rating of 4 and requires TLC, one unit is fully renovated, and the lot offers significant ADU Potential for increased yield. Located in the El Monte Union High district with Individual Utility Meters, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants looking to house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11101 Bonwood Road Subject | $1,070,000* List Price | 8 | 4 | 3,166 | $377 | - |
A 11034 Klingerman Sold | $1,060,000 | 0 | 0 | 2,826 | $375 | 0.0 mi |
B 2519 Mountain View Rd Sold | $905,000 | 0 | 0 | 2,693 | $336 | 0.3 mi |
C 11107 Bonwood Active Under Contract | $1,050,000 List Price | 0 | 0 | 3,166 | $332 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1957 quadruplex is marketed as a 'diamond in the rough' with noted deferred maintenance and an 'as-is' sale condition. While one unit has been fully renovated with modern shaker cabinets, quartz countertops, recessed lighting, and new laminate flooring, the overall property requires TLC and updates to the remaining three units and exterior to address its aged state.
The property offers significant upside through the potential construction of an ADU above the parking area and the opportunity to renovate the remaining units to achieve higher market rents.
With one unit already fully renovated, this quadruplex is ideal for an owner-user looking to live in a modern space while utilizing the rental income from the other three units to offset the mortgage.
The units feature individual electric and gas meters, which significantly reduces landlord overhead and simplifies utility management by shifting those costs to the tenants.
Marketed as a 'diamond in the rough' and sold in 'as-is' condition, the property requires immediate capital investment and TLC to address aging components and non-renovated units.
While gas and electric are separate, the property relies on a single common water meter, which increases the owner's operational expenses and limits utility cost recovery.
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!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 0.0 | 80% |
| Baths | 4.0 | 0.0 | 80% |
| Square foot | 3,166 | 2,826 | 60% |
| Lot Size | 6,252 | 12,058 | 20% |
| Price | $1.07M | $1.06M | 60% |
| Price per sq ft | $338 | $375 | 40% |
| Built year | 1957 | 1949 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 113 | 20% |
Apr 14, 2026
$1,070,000
Initial Listing
Apr 26, 2010
$509,000
Public Record
Jul 18, 2006
$765,000
Public Record
Jun 28, 2005
$660,000
Public Record
Dec 7, 2004
$525,000
Public Record
Mar 5, 2001
$250,000
Public Record