3840 Baldwin Ave El Monte, CA $ 2,988,000
3840 Baldwin Ave
$ 2,988,000
Share Save

3840 Baldwin Ave

El Monte, CA, 91731
$ 2,988,000
Baths1.0 Sq 4,236

Monthly Estimate*

$ 18,398

Listed by RE/MAX PREMIER/ARCADIA
3840 Baldwin Ave, El Monte, CA 91731 - Image 1
3840 Baldwin Ave, El Monte, CA 91731 - Image 2
3840 Baldwin Ave, El Monte, CA 91731 - Image 3
3840 Baldwin Ave, El Monte, CA 91731 - Image 4
Studio

Multi-Family Home for sale in El Monte, CA

for $2,988,000 with 1 full bath. This 4,236 square foot home was built in 1951 on a lot size of 0.6026.

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.

See more

Multi-Family Coming Soon

Price

$ 2,988,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.6026

Year Built

1951

Town/City

El Monte

County/Region

Los Angeles

MLS | Web ID

WS26128184

Days on Market

12

Features
General
Sewer Public Sewer
Heating Natural Gas Wall Furnace
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Appliances Gas Range
Garage Spaces 0
Pool Features None
Year Built 1951
View None
Property Subtype Mixed Use
Gross Income 135360
Community Features Sidewalks
County Los Angeles
Net Operating Income 120460
Operating Expense 42500
Insurance Expense 6200
New Construction false
Property Type Residential Income
Contingency NA
Garage Y/N false
Special Listing Conditions Standard
Status Coming Soon
Directions East of Temple City Blvd South of Lower Azusa Rd.
City El Monte
Entry Location 1
Senior Community Y/N false
Number Of Units Total 7
MLS Area 619 - El Monte
Lot Size Units Square Feet
Lot Size Square Feet 26248
Listing Terms Cash Cash to New Loan 1031 Exchange
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 200
Fuel Expense 0
Trash Expense 6500
Water Sewer Expense 3600
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Coming Soon
Year Built Source Assessor
Tax Lot 64
Property Sub Type Additional Mixed Use
Expected Active Date 2026-06-18
Taxes 26000
Cap Rate 4
See more
Interior
Fireplace Features Gas
Total Stories 1
Common Walls No Common Walls
Heating Y/N true
Fireplace Y/N true
Laundry Features Washer Hookup Inside
Entry Level 1
See more
Exterior
Lot Features 11-15 Units/Acre Back Yard Front Yard
Water Source Public
Total Parking 0
Lot Size Area 26248
Number of Buildings 6
Spa false
Building Area Total 4236
Lot Size Acres 0.6026
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 2
Number of Separate Gas Meters 7
Number of Separate Electric Meters 6
See more
* Excluded Features
List By
Re/Max Premier/Arcadia

Broker

danepeng1230@gmail.com

Email

Affordability Calculator

$18,398
Per Month
100%
0%
0%
Monthly Principal & Interest
$18,398
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/12/2026$2,988,000 Listed Price

Map


See all

3840 Baldwin Ave, El Monte, CA, 91731 is a Multi-Family Home for sale at $2,988,000 with 4,236 sqft and a lot size of 0.6026. 3840 Baldwin Ave is a studio with 1.0 baths and was built in 1951. The property's zip code is 91731 which is in El Monte, CA