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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.
| DAYS ON MARKET | 113 | LAST UPDATED | 7/31/2025 |
|---|---|---|---|
| YEAR BUILT | 1963 | COMMUNITY | 619 - El Monte |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to Jul 31, '25 | $1,500,000 |
|---|---|
| Jul 31, '25 - Today | $1,450,000 |
| ADDITIONAL DETAILS | |
| AREA | 619 - El Monte |
|---|---|
| LOT | 0.3332 acre(s) |
| LOT DESCRIPTION | Cul-De-Sac |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | One, Two |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 9/26/25 3:30 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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