Daily limit: 0/10
Private Investor Acquires 12-Unit Multifamily Property In El Monte For $2.6M With Marcus & Millichap
SOLD
California
See Similar DealsMultiFamily
Sold 05/29/2025
SOLD
Private Investor Acquires 12-Unit Multifamily Property In El Monte For $2.6M With Marcus & Millichap
11122 Bonwood Road
See Similar DealsMultiFamily
Sold 05/29/2025
Summary
CALIFORNIA
Asset Type:MultiFamily
Transaction Type:Sale
A private investor purchased a 12-unit apartment complex located at 11122–11126 Bonwood Road in El Monte for $2.6 million. This multifamily asset, built in 1958, recently received upgrades which included a new roof, windows, exterior paint, and select unit remodels.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,600,000
- Units: 12
- Price Per Unit: $216,667
- Market: El Monte
- Brokers: David Covarrubias & Douglas McCauley - Marcus & Millichap
David Covarrubias and Douglas McCauley from Marcus & Millichap represented the seller in this transaction, facilitating the agreement between the private investor and the seller of the property.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$138,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,237.24
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,325.33
Annual Debt Service$147,903.92
Is there something missing? Send suggestions
