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$1,150,000
Est. payment /mo
6 Beds
3 Baths
2,464 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,464 sqft
Price per Sqft $466
MLS Listing ID 25518379
Bedrooms 6
HOA Y/N No
Year Built 1950
Lot Size 0.345 Acres
Property Description
12051 Killian St, El Monte is a well-maintained 3-unit multifamily property situated on a spacious 15,016 SF lot. This prime investment opportunity offers stable tenancy with significant rental upside in the highly desirable Southern California rental market. Built in 1950, the front building features a renovated 2-bedroom/1-bathroom single-family home, while the rear 1959-built duplex consists of two renovated 2-bedroom/1-bathroom units. Each unit is individually metered for gas and electricity and includes laundry hookups, open and covered parking, and private front or backyard space. 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
Area 619 - El Monte
Zoning EMR1B*
Interior
Heating Forced Air
Fireplace No
Appliance Disposal
Exterior
Parking Features Carport, Driveway
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 8545005019
Special Listing Condition Standard
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Listed by Edward Pan • Colliers International Greater Los Angel
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