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.
Don’t miss this opportunity to secure a prime, income-generating asset with significant upside! Analysis and expenses are proforma.
Property Details
Price:
$2,100,000
MLS #:
SB25137886
Status:
Active
Baths:
0
Address:
2424 Continental Avenue
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
657soelmonte
City:
South El Monte
Listed Date:
Jun 19, 2025
State:
CA
ZIP:
91733
Lot Size:
26,994 sqft / 0.62 acres (approx)
Year Built:
1949
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Schools
Interior
Exterior
Community Features
Street Lights
Garage Spaces
7.00
Lot Features
Lot 20000-39999 Sqft
Parking Spots
14.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address2424 Continental Avenue South El Monte CA
- Area657 – So. El Monte
- CitySouth El Monte
- CountyLos Angeles
- Zip Code91733
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2424 Continental Avenue
South El Monte, CA
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