12051 Killian Street, El Monte, CA 91732

About this property

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.

Listing description from the April 2025 sale, as reported to CRMLS.

Sale history

$1,100,000

Sold April 2025 · listed $1,150,000, on market March 2025 · MLS #25518379 · Source: CRMLS

Listing Agent: Edward Pan · Listing Office: Colliers International Greater Los Angel · Contact: 949-724-5500 · Bought with: Michael Banan · HomeUbuy

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