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Sold for $1,800,000
  • Listed by: Engel & Volkers LA South Bay • David Salzman • Contact: 310-545-2260
    Bought with: Engel & Volkers LA South Bay
    $1,800,000

    2424 Continental Ave, South El Monte, CA 91733

    15beds
    7baths
    6,684sqft
    Mixed Use
    Built in 1949
    -- sqft lot
    $-- Zestimate®
    $269/sqft
    $2,234 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,234/mo

    Zestimate® history
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    What's special

    Own front yard
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    David Salzman DRE #00952732 310-871-5314,

    Engel & Volkers LA South Bay,

    Listing Team: Salzman Team

    Bought with:

    David Salzman, DRE #00952732

    Engel & Volkers LA South Bay

    Source: CRMLS,MLS#: SB25137886MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 15
    • Bathrooms: 7
    Appliances
    • Laundry: Inside
    Features
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 6,684
    • Total interior livable area: 6,684 sqft

    Property

    Parking
    • Total spaces: 14
    • Parking features: Garage
    • Garage spaces: 7
    • Uncovered spaces: 7
    Features
    • Levels: One
    • Stories: 1
    • Entry location: entry
    • Pool features: None
    Lot
    • Size: 0.62 Acres
    Details
    • Parcel number: 8104020021
    • Zoning: SER3*
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1949

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Street Lights
    Location
    • Region: South El Monte

    Financial & listing details

    • Price per square foot: $269/sqft
    • Tax assessed value: $180,214
    • Annual tax amount: $5,784
    • Date on market: 6/20/2025
    • Cumulative days on market: 13 days
    • Listing terms: Cash,Conventional
    • Total actual rent: 8870

    Price history

    DateEventPrice
    9/23/2025Sold$1,800,000-14.3%$269/sqft
    Source: CRMLS #SB25137886 Report a problem
    8/28/2025Pending sale$2,100,000$314/sqft
    Source: CRMLS #SB25137886 Report a problem
    7/6/2025Contingent$2,100,000$314/sqft
    Source: CRMLS #SB25137886 Report a problem
    6/20/2025Listed for sale$2,100,000$314/sqft
    Source: CRMLS #SB25137886 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,784 +17.1%$180,214 +2%
    2024$4,938 +6.5%$176,681 +2%
    2023$4,637 -3.4%$173,218 +2%
    2022$4,799 +1.8%$169,822 +2%
    2021$4,714 +1.7%$166,493 +1%
    2020$4,635 $164,787 +2%
    2019$4,635 +8%$161,557 +2%
    2018$4,292 $158,390 +2%
    2017$4,292 +16.5%$155,286 +2%
    2016$3,683 +6.1%$152,242 +1.5%
    2015$3,471 +0.3%$149,956 +2%
    2014$3,460 $147,019 +2.5%
    2012-- $143,486 +2.8%
    2010-- $139,624 +5.9%
    2006-- $131,887 +8.1%
    2002-- $122,007 +4%
    2000-- $117,271
    Find assessor info on the county website

    Neighborhood: 91733

    Nearby schools

    GreatSchools rating
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