12051 Killian St - Apartments FOR SALE


El Monte, CA 91732- El Monte City
$1,150,000 USD
626-257-8502
12051 Killian St, El Monte, CA for Sale
$1,150,000 USD
Apartments - FOR SALE
1/8
null | 4.46% Cap Rate

12051 Killian St
El Monte, CA 91732
El Monte City


HIGHLIGHTS

  • Well-maintained 3-unit multifamily property on a large 15,016 SF lot
  • Unit mix includes a renovated 2-bed/1-bath single-family home and a duplex with two renovated 2-bed/1-bath units
  • Each unit features laundry hookups, private front or backyard space, plenty of parking, and individual gas and electricity meters
  • Below-market rents provide upside potential, with no local rent control allowing for increases under California AB1482
  • Prime location near downtown El Monte, local schools, Metrolink station, and major freeways (10 & 605)

OVERVIEW

The Pacific Partners of Colliers International is pleased to present 12051 Killian St, El Monte, 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.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$467 USD /SF

# OF UNITS

3

PRICE/UNIT

$383,333

CAP RATE

4.46%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Triplex on Large 15,000 SF Lot

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

EMR1B

APN/PARCEL ID

8545-005-019

ASK ABOUT THIS PROPERTY

David LinColliersMore Info
626-257-8502

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David LinColliersMore Info
626-257-8502

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.