Est. cap rate

5.3%

Assumed rent, all units

$9,520/mo

Units

4

Price per unit

$267,500

Est. annual NOI

$57,120

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Quadruplex

Bedrooms

8

Bathrooms

4

Building size

3,166 sqft

Lot size

6,252 sqft

Year built

1957

Stories

2

Garage spaces

0

Heating

Wall Furnace

Cooling

None

Pool

None

View

City Lights

Status

Active

Days on market

1

MLS #

241005070

About this property

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!

Location

11101 Bonwood Road

El Monte, Los Angeles, CA, 91733