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$990,000
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Property Description
INVESTMENT GEM IN PRIME EL MONTE. Unlock exceptional potential with this diamond in the rough-a rare opportunity to acquire a 4-unit income property situated on a corner lot in the heart of El Monte. This multifamily complex has long-term tenants, many of whom have called it home for decades-offering stable cash flow and massive upside for value-driven investors. Each unit features spacious 2-bedroom layouts with open-concept floor plans, Individual utility meters, Shared on-site laundry facility (a value-add income stream), an enclosed front yard, a central courtyard, 4 dedicated rear parking spaces, and ample street parking. With NO local rent control in El Monte and favorable AB1482 guidelines (annual increases of up to 10% or 5% + CPI), investors have the flexibility to strategically raise rents, enhance unit interiors, or add modern amenities to significantly increase returns. Plus, take advantage of generous tax strategies, including cost segregation, to optimize long-term profitability.
Located near Durfee Ave and Rush St, this property is steps from shopping and dining such as CVS, Marshalls, Panda Express, Starbucks, and Superior Grocers-plus just minutes from El Monte Community Hospital.
Surrounded by Temple City, Arcadia, San Gabriel, and Rosemead, and only 15 miles from Downtown LA and 29 miles to Ontario Airport, with seamless access to I-10, I-60, I-605, and the El Monte Metrolink Station-making this a commuter's dream and a smart addition to any real estate portfolio.
Whether you're a seasoned investor or just entering the multifamily space, this is the kind of asset that builds long-term wealth. Don't miss your chance to transform this rare multi-unit into a cash-flow powerhouse!
Full Property Details
Full Property Details for 11132 Bonwood Rd
General
- Sold For: $990,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW25087479
- Added to Site: 274 day(s) ago
Interior
- Rooms/Areas: Main Floor Bedroom
- Fireplace(s): None
- Appliances: Disposal, Water Heater
Rooms
Other Rooms
- Laundry: Common Area, Gas & Electric Dryer Hookup, Individual Room, Washer Hookup
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Parking Features: Assigned, Carport
- Parking: Assigned, Carport
Location
- Area: 619 - El Monte
- County: Los Angeles
- Development Name: 619 - El Monte
- Driving Directions: Haber St/ Bonwood Rd
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 5
- # Electric Meters: 5
Structural Information
- Entry Location: Main and second floor
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,352
- Year Built: 1958
Lot Features
- Lot Size (Acres): 0.1467
- Lot Size Source: Assessor
- Zoning: EMR3*
- Lot Description: Corner Lot, Landscaped
Financial Considerations
- Price Per Sq. Ft.: $295.35
- Price Per Unit: 248750
Listed by Dang Mortgage Team Inc., Suong Vu
Sold by Partner Real Estate, ANDY YU
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Schools
Schools serving 11132 Bonwood Rd
School Districts:Mountain View Elementary School District, El Monte, CA, El Monte Union High School District
| Name | Grades | Distance |
|---|---|---|
Cogswell Elementary School 11050 Fineview St., El Monte, CA 91733 | K-6 | 0.1 mi |
Charles T. Kranz Intermediate School 12460 Fineview Street, El Monte, CA 91732 | 7-8 | 0.8 mi |
South El Monte High School 1001 Durfee Avenue, South El Monte, CA 91733 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11132 Bonwood Rd
Date
Details
Price
Change
Source
9/05/2025
Sold
$990,000
-0.5%
MLS
7/08/2025
Price Reduced
$995,000
-9.55%
MLS
4/21/2025
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
11132 Bonwood Road, El Monte, CA 91733 (MLS# PW25087479) is a Multi-Family property that was sold at $990,000 on September 05, 2025. Want to learn more about 11132 Bonwood Road? Do you have questions about finding other Multi-Family real estate for sale in El Monte? You can browse all El Monte real estate or contact a Coldwell Banker agent to request more information.

