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Sold for $990,000
  • Listing Provided by: 

    Suong Vu DRE #02016628 (949)500-53,

    Dang Mortgage Team Inc.

    Bought with: Partner Real Estate
    $990,000

    11132 Bonwood Rd, El Monte, CA 91733

    8beds
    4baths
    3,352sqft
    Quadruplex
    Built in 1958
    -- sqft lot
    $982,000 Zestimate®
    $295/sqft
    $2,134 Estimated rent

    Home value

    $982,000

    $894,000 - $1.08M

    $2,134/mo

    Zestimate® history
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    $2,134/mo

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    $5,970/mo

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    What's special

    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!

    Zillow last checked: 8 hours ago

    Listing updated: September 05, 2025 at 04:09pm

    Listing Provided by:

    Suong Vu DRE #02016628 (949)500-53,

    Dang Mortgage Team Inc.

    Bought with:

    ANDY YU, DRE #02003568

    Partner Real Estate

    Source: CRMLS,MLS#: PW25087479MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Bedroom
    • Features: Bedroom on Main Level
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Included: Disposal, Water Heater
    • Laundry: Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
    Features
    • Bedroom on Main Level
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,352
    • Total interior livable area: 3,352 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Assigned, Carport
    • Carport spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Main and second floor
    • Pool features: None
    • Spa features: None
    Lot
    • Size: 6,389 sqft
    • Features: Corner Lot, Landscaped
    Details
    • Parcel number: 8105019036
    • Zoning: EMR3*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1958

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: See Remarks

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: El Monte

    HOA & financial

    Other financial information
    • Total actual rent: 6841

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange

    Price history

    DateEventPrice
    9/5/2025Sold$990,000-0.5%$295/sqft
    Source: CRMLS #PW25087479 Report a problem
    8/19/2025Contingent$995,000$297/sqft
    Source: CRMLS #PW25087479 Report a problem
    7/8/2025Price change$995,000-9.5%$297/sqft
    Source: CRMLS #PW25087479 Report a problem
    4/22/2025Listed for sale$1,100,000$328/sqft
    Source: CRMLS #PW25087479 Report a problem
    11/25/2024Listing removed$2,000$1/sqft
    Source: Zillow Rentals Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,797 +7.7%$373,424 +2%
    2024$8,168 +5.2%$366,107 +2%
    2023$7,764 +0.9%$358,934 +2%

    Find assessor info on the county website

    Neighborhood: Mountain View

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value$982,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $982,000