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2307 Continental Avenue South El Monte, CA 91733
$2,600,000 0 beds, 0 baths
0 sqft
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Agent Remarks

Seller Financing at 20% downpayment, 5.75% interest only for 10 years. 2307 Continental Avenue in South El Monte is being offered for sale for the first time in over four decades. It comprises eight single-story, bungalow-style units on a large 18,062 SF lot zoned R-3. It is offered with attractive It is a generational asset that offers strong cash flow, possible redevelopment potential, and attractive seller financing. The property consists of two freestanding units in the front and six units in the back. They are all single-story, bungalow-style units. There are seven 2bdr/1bath units. One unit is a legal 1bdr/1bath unit operating as a 2bdr/1bath unit. It may be possible to legalize this unit through the ADU program. Buyer to verify. There are 8 dedicated covered parking spaces. However, the driveway has ample room to fit several more cars comfortably. It is independently metered for gas and electricity, and there are in-unit washer and dryer hookups. Although there have not been recent capital expenditures to the roof, electrical, or plumbing, the driveway was repaved two years ago at the cost of nearly $12,000. The buildings are of wood & stucco composition and have pitched roofs. Units utilize wall air-conditioning/heating units. The owner pays for water, sewer, trash and common area electricity. Tenants pay for their own gas and electricity usage. 2307 Continental Avenue represents a rare opportunity to acquire a generational asset with a desirable unit mix of a majority 2bdr 1bath single-story, bungalow-style units on an 18,026 R-3 zoned lot with ample parking. The asset yields strong-in place rental income in a tenant-dense submarket. A prospective Buyer may benefit from the attractive seller financing offered by acquiring the property with only 20% downpayment at 5.75% interest only for 10 years.

Listing Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# PF25094533
List price is $2,600,000
HOA Fee is $0.00
Beds: 0
Baths: 0
None fireplaces
Built in 1960
1 story
0.41 acres
Lot size: 0.4146
County: Los Angeles
Zoning: SER3*
Parking description: Covered
Lot description: ZeroToOneUnitAcre
Heating/cooling: Wall/Window Unit(s)
MLS area: 657 - So. El Monte

Last Updated: 4/30/2025

 Find more South El Monte homes and real estate

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This listing belongs to the 657 - So. El Monte MLS area

Lat/Long: 34.054722, -118.038647.
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Listing Agent: Andy Chan
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
Lic#: 01317331

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