11140 Bonwood Rd, El Monte, CA 91733
4 Unit Apartment Building | $1,100,000 ($275,000/Unit) | 3.18% Cap Rate | El Monte, CA 91733
For Sale
Active
6 pictures
Asking Price $1,100,000
- Property Type
-
Multifamily
- Square Feet
- 3,352 SF
Listing Contacts
- Property Info
Property Overview
CBRE presents for sale this 4-unit multifamily property situated at 11140 N Bonwood Rd in El Monte. The property features one building and the units totaling approximately 3,300 square feet on a spacious 0.15 acre lot. Constructed in 1958, owner recently put in a new roof last year. This property offers favorable unit mix consisting of 100% large 2-bedroom/1-bathroom units + den (which is currently being used as a third bedroom) fully occupied. Each unit includes its own separate gas and electricity metering for added convenience. Owner currently pays for water and trash. Parking accommodation includes 4 covered garages and ample street parking. Current rents are significantly below market providing roughly 30% rental upside, with projected 5+% pro forma CAP rate.
*Owner is willing to carry paper.
*Owner is willing to carry paper.
Property Details
- Year Built
- 1958
- Stories
- 2
- Lot Size (sq. ft)
- 6,534 SF
- Units
- 4
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