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2424 Continental Avenue, South El Monte, CA 91733

Property

2424 Continental Avenue, South El Monte, CA 91733 Sold September 2025 CRMLS
$1,800,000Sold September 2025

Listing Agent: David Salzman (DRE #00952732) · Listing Office: Engel & Volkers LA South Bay · Contact: 310-871-5314 · Bought with: David Salzman · Engel & Volkers LA South Bay · MLS #SB25137886 · Source: CRMLS

26,994 sqft
Lot Size
1949
Year Built
Property
Type
1
Stories
7
Garage

About this property

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 description from the September 2025 sale, as reported to CRMLS.

Sale history

$1,800,000
Sold September 2025 · listed $2,100,000, on market June 2025 · MLS #SB25137886 · Source: CRMLS
Listing Agent: David Salzman · Listing Office: Engel & Volkers LA South Bay · Contact: 310-871-5314 · Bought with: David Salzman · Engel & Volkers LA South Bay
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