3840 Baldwin Ave, El Monte, CA 91731

$2,988,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Agent GUIFENG PENG () 618-808-6666 RE/MAX PREMIER/ARCADIA; CoList ()

List Price
$2,988,000
Status
ACTIVE
MLS#
WS26128184
Year Built
1951
Lot Size
26,248
Lot Location
11-15 Units/Acre, Back Yard, Front Yard
Days on Market
60
Property Type
Multifamily
Property Sub Type
Mixed Use

Property Description

Excellent investment opportunity in the City of El Monte. This income-producing property features 7 rental units across 6 buildings situated on a spacious 26,248 SF lot, offering a rare combination of current cash flow and long-term upside potential. Ownership has recently completed full renovations on four units, including new kitchens, updated bathrooms, new flooring, fresh interior paint, and modern finishes, significantly enhancing tenant appeal and rental value. The property provides stable rental income with additional upside through future rent growth. Conveniently located near shopping centers, restaurants, schools, public transportation, and major freeways, this property benefits from strong rental demand and excellent accessibility. The expansive 26,248 SF lot adds significant long-term value and may offer opportunities for future expansion, redevelopment, or additional improvements, subject to buyer verification and approval from the City of El Monte. A rare opportunity for investors seeking immediate income, value-add potential, and long-term appreciation in one of the San Gabriel Valley’s most desirable rental markets. Property is being sold in its present AS-IS condition. Buyer to independently verify all property information, including unit count, square footage, zoning, permits, and future development potential.

Additional Information

Appliances
Gas Range
Pool Description
None
Fireplace Description
Gas
Heat
Natural Gas, Wall Furnace
View
None
Sewer
Public Sewer
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.