The Growth Investment Group is pleased to offer 11106 Bonwood Road for sale. This 12 unit apartment building is centrally located in El Monte and presents a great opportunity for investors who are looking to purchase a building with good rental income in a gentrifying area.

The property is a two story apartment with center common area and consists of 10 – one bedroom and one bathroom units and 2 – studio units. Each unit is separately metered for electricity and gas, and there is an on-site laundry facility. Parking is provided by carport in front of the property and garage spaces in the rear. Current rental income is below market and this provides a unique value add opportunity for a more hands-on owner to do value add work and increase the cash flow.

The apartment is located on a quiet street with no through access for traffic, making this a great location for tenants to enjoy. Local schools, restaurants and shopping centers are within walking distance of the property. The location is ideal for commuters with easy access to the 10, 60, and 605 freeways as well as public transportation, giving residents easy access to the San Gabriel Valley and surrounding areas.

Please visit: http://growthinvestmentgroup.com/listingdetail.aspx?pid=22