South El Monte, CA 91733,2424 Continental AVE
South El Monte, CA 91733,2424 Continental AVE
South El Monte, CA 91733,2424 Continental AVE
11
$1,800,000
$2,100,000
14.3%
Est.Price: ?

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0.62 Acres Lot

2424 Continental AVE South El Monte, CA 91733

Est. payment /mo
SOLD DATE : 09/23/2025

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Key Details

Sold Price $1,800,000

Property Type Residential Income

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB25137886

Year Built 1949

Lot Size 0.620 Acres

Property Sub-Type Mixed Use

Property Description

Unlock the potential of this court-style 7-unit multi-family complex, ideally situated in a rapidly growing South El Monte neighborhood. Sited on an expansive 26,994 sq. ft. R-3-zoned parcel, this investment offers both stable cash flow and value-add upside. The property comprises Six- 2 bed, 1 bath units, each with its own front yard and dedicated 1-car garage, plus a standalone 3 bed, 1 bath house—also with its own garage. All units are individually metered for gas and electricity and fully occupied by month-to-month tenants, providing flexibility for repositioning or redevelopment. The location provides exceptional access to the 10, 605, and 60 freeways, catering to diverse tenant needs and ensuring continued rental demand. Zoned R-3—buyers are advised to verify the potential to redevelop up to 20 units (buyer to verify).
Don't miss this opportunity to secure a prime, income-generating asset with significant upside! Analysis and expenses are proforma.

Location

State CA

County Los Angeles

Area 657 - So. El Monte

Zoning SER3*

Interior

Laundry Inside

Exterior

Garage Spaces 7.0

Garage Description 7.0

Pool None

Community Features Street Lights

Building

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Trust

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CRMLS – RECore
Listed by David Salzman Engel & Volkers LA South Bay 310-871-5314
Bought with David Salzman Engel & Volkers LA South Bay

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Michelle Rozansky

Michelle Rozansky

Agent | License ID: 01395868

+1(760) 613-0148

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