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Commercial > Multi-family / Apartments
Active
1 week ago
List Price
$2,100,000

2424 Continental Ave
El Monte, CA 91733

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  • Malobo BannerMalobo Banner Square
    2424 Continental Ave, El Monte, CA 91733 is a 15 bed, 7 bath, 6,684 ft² multi-family/apartments property built in 1949 on a 0.620 acre lot. This multi-family/apartments is currently listed for $2,100,000.

    MLS Description

    The listing agent's description. Original Listing

    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 Agents

    The listing agent for 2424 Continental Ave is David Salzman.

    Current Ownership

    Information about the current owner(s).

    Property History

    2424 Continental Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 2424 Continental Ave

    School Information

    Public/private schools serving 2424 Continental Ave

    Neighborhood

    This property is located in The San Gabriel Valley, El Monte, CA 91733.

    Market Trends

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    Copyright © 2025 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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