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For SaleLuxury

$2,988,000

26,249 sqft$114/sqft141 days on market

3840 Baldwin Ave AVE

El Monte, CA 91731

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

26,249

Square feet

1951

Built

Listing narrative

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.

Listing agent (MLS): GUIFENG PENG · Listing brokerage (MLS): RE/MAX PREMIER/ARCADIA

Property Details

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Price

$2,988,000

Beds

Beds n/a

Type

House

Home Size

26,249 sqft

Baths

Baths n/a

Lot Size

0.60 acres

Year

1951

Status

For Sale

Days on Market

141

$ / Sqft

$114

· 8% down, 7% APR, 30yr fixed
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Courtesy of RE/MAX PREMIER/ARCADIA