12051 Killian ST new

El Monte,CA 91732

$ 1150000

6 Beds

3 Baths

2464 SqFt


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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