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.
|
DAYS ON MARKET
|
13
|
LAST UPDATED
|
4/2/2025
|
|
YEAR BUILT
|
1950
|
COMMUNITY
|
El Monte
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| APPLIANCES |
Disposal |
| AREA |
El Monte |
| GARAGE |
Carport, Driveway |
| HEAT |
Forced Air |
| LOT |
0.34 acre(s) |
| LOT DIMENSIONS |
50x300 |
| PARKING |
Carport,Driveway |
| STORIES |
1 |
| ZONING |
EMR1B* |
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Listed with Colliers International Greater Los Angel
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 4/12/25 10:04 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
This IDX solution is (c) Diverse Solutions 2025.
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