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11215 Mulhall St

El Monte CA 91731

2
1
0.33 ac.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

2 bedrooms
1 bathroom
0.33 ac. lot size
Multi-Family

Property history for 11215 Mulhall St

2017
Sold
$1,134,840
17 Oct 2017 by Amy Wang

Happy sellers in El Monte

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We have insufficient information to provide an overview of customer satisfaction for El Monte. Viewing the agent profiles, reviews and sales for El Monte can provide insights for this location.

Local market activity for 2 bedroom multi families in El Monte

In the last 12 months, 1 two-bedroom multi family similar to 11215 Mulhall St, have been sold.

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Sales:
(619) 566-0008
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