South El Monte, CA 91733,2307 Continental Avenue
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South El Monte, CA 91733,2307 Continental Avenue
South El Monte, CA 91733,2307 Continental Avenue
South El Monte, CA 91733,2307 Continental Avenue
South El Monte, CA 91733,2307 Continental Avenue
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Listed by Andy Chan • Keller Williams Realty
$ 2,600,000
Est. payment /mo
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2307 Continental Avenue South El Monte, CA 91733

6,534 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,534 sqft

Price per Sqft $397

MLS Listing ID CRPF25094533

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1960

Lot Size 0.415 Acres

Property Sub-Type Other

Property Description

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 co

Location

State CA

County Los Angeles

Interior

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Other

Building

Water Public


Bay East AOR and Contra Costa AOR
agent

Garrick Yan

Team Leader | CA BRE #01916102

+1(510) 999-8008

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