2424 Continental Avenue new Save Request In-Person Tour Request Virtual Tour
South El Monte,CA 91733
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,684 sqft
Price per Sqft $314
MLS Listing ID CRSB25137886
Year Built 1949
Lot Size 0.620 Acres
Property Sub-Type Other
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
Interior
Laundry Inside