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
4,084 SqFt
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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,084 sqft

Price per Sqft $355

MLS Listing ID CRWS25125084

HOA Y/N No

Year Built 1963

Lot Size 0.333 Acres

Acres 0.33

Property Sub-Type Other

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 California’s most resilient rental markets.

Location

State CA

County Los Angeles

Zoning EMR3

Interior

Fireplace No

Laundry Other

Building

Lot Description Cul-De-Sac

New Construction No

Others

Tax ID 8570008040


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Bridge MLS
Listed by Jo Lin • IRN REALTY

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11215 Mulhall Street