Average square foot calculated using Size range provided by listing agent.
Description
Presenting 11215 Mulhall St, El Monte, a well-maintained 5-unit multifamily property situated on a spacious 14, 516 SF lot. This prime investment opportunity offers stable tenancy with significant rental upside in the highly desirable Southern California rental market. Built in 1963, the front building features a 2-bedroom/1-bathroom single-family home, while the rear fourplex consists of all 2-bedroom/1-bathroom units. Each unit is individually metered for gas and electricity and includes laundry hookups, individual water heaters, and covered parking. The property benefits from a solid tenant base, with current rents below market levels, providing great rental upside. With no local rent control in El Monte, investors can capitalize on the ability to implement rent increases in line with California AB1482 guidelines. Strategically located, the property offers convenient access to downtown El Monte, local schools, the Metrolink station, and major transportation routes, including the 10 and 605 freeways. This offering presents a rare opportunity to acquire a stable, income-generating asset with strong upside potential for rental growth and long-term appreciation in one of Southern California’s most resilient rental markets.Show Description
MLS® NumberWS25125084
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelWasher Hookup, Gas Dryer Hookup
Exposure
Exterior
GarageNo
Approx. Age1963
Stories2
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
Heat
A/C
Heating Fuel
Extras
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