CA > South El Monte
South El Monte, CA 91733,2424 Continental AVE
South El Monte, CA 91733,2424 Continental AVE
South El Monte, CA 91733,2424 Continental AVE
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$2,100,000
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0.62 Acres Lot
Active Under Contract

2424 Continental AVE South El Monte, CA 91733

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Patrick Fossati

Patrick Fossati

+1(805) 910-0463

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID SB25137886

HOA Y/N No

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

Fireplace No

Laundry Inside

Exterior

Garage Spaces 7.0

Garage Description 7.0

Pool None

Community Features Street Lights

Total Parking Spaces 14

Private Pool No

Building

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 8104020021

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Trust

Virtual Tour https://tours.tourfactory.com/tours/tour.asp?t=3212496&idx=1

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

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agent

Patrick Fossati

Broker Associate | License ID: 01907255

+1(805) 910-0463

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2424 Continental AVE

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