Drew Fenton | Pacific Palisades Properties

2424 Continental Avenue | Drew Fenton

2424 Continental Avenue

South El Monte, CA

$2,100,000

6,684 Sq. Ft.

Property Type:
Residential Income
County:
Los Angeles
Community:
657 - So. El Monte
MLS#:
SB25137886

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 provided courtesy of David Salzman

Fore more information about this property, please contact :

Drew FEnton

office

310.858.5474

mobile

310.560.3777

| email

DREW

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office 310.858.5474 | mobile 310.560.3777 | email DREW