CA > El Monte
El Monte, CA 91731,11215 Mulhall Street
El Monte, CA 91731,11215 Mulhall Street
El Monte, CA 91731,11215 Mulhall Street
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$1,450,000
Est. payment /mo
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2 Beds
1 Bath
Price Dropped by $50K

11215 Mulhall Street El Monte, CA 91731

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Kurt Wannebo

Kurt Wannebo

+1(858) 405-5878

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS25125084

Bedrooms 2

Property Sub-Type Res Income 2-4 Units

Property 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 Californias most resilient rental markets.

Location

State CA

County Los Angeles

Zoning Public Rec

Direction On Mulhall St at end of cul-de-sac between Santa Anita Ave and Cedar Ave

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 8570008040

MLS Router / San Diego MLS
Listed by Jo Lin IRN REALTY

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agent

Kurt Wannebo

Broker Associate | CA Dre# 01468255

+1(858) 405-5878

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11215 Mulhall Street

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