$ 2,100,000
-
$2,100,000
Price -
13
Bed -
6
Bath -
6,684
SqFt
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About the Listing SB1385320 - SBSALZDAV
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.
Listing Highlights for 2424 Continental Ave
Status
Pending
Days on Site
77
Property Type
Multi-Family
MLS ®
SB25137886
Year Built
1949
Total Square Footage
6,684
Lot/Acreage
0.62
County
Los Angeles
Area
657 - So. El Monte
Interior Details
- Bedrooms: 13
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Lot 20000-39999 Sqft,No Land Lease
- Garage Capacity: 7 car
- Parking Spaces: 14
- Zoning: SER3*
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 8104020021
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
2424 Continental Ave South El Monte, CA 91733
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