Skip to main content
El Monte, CA

$2,988,000

3840 Baldwin Ave, El Monte, CA
1951
Built
0
Days listed

About this home

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.

Facts & features

Interior
Appliances
Gas Range
Fireplace
Gas
Heating
Natural Gas, Wall Furnace
Laundry
Washer Hookup, Inside
Spa
None
Exterior & lot
Lot size
0.603 acres (26,248 sq ft)
Pool
None
Year built
1951
Community
Area
619 - El Monte
County
Los Angeles
Community features
Sidewalks
Listing details
Status
Active
Property type
Mixed Use
Days on market
0
Listed
2026-06-01
Terms
Cash, Cash To New Loan, Exchange 1031
Parcel #
8578008027
MLS #
WS26128184
Listed by
GUIFENG PENG · RE/MAX PREMIER/ARCADIA

Location

Price history

Listed
$2,988,000 · 2026-06-01
Days on market
0
Current price
$2,988,000
Financing

Could this home be yours?

Estimated monthly payment
$18,744
$15,109 principal & interest · $3,635 taxes & insurance
$597,600
Estimate only
Loan $2,390,400

Estimates only and not a loan offer. Property tax and insurance vary by location. Get pre-qualified below for your actual rate and payment.

Qualify for this home

Get pre-qualified with Your Agent and see your real rate and payment — no obligation.

Own a home?

What's your home worth?

Get a precise, agent-prepared valuation of your home — not an automated guess.

Get a free home valuation

Thinking of selling? Your Agent will prepare an accurate, no-obligation valuation and selling consultation.

Similar homes in El Monte

See all homes in El Monte

Listing data provided by CRMLS

Listing courtesy of RE/MAX PREMIER/ARCADIA. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. Last updated July 26, 2026 Equal Housing Opportunity.

Thinking about a move? Your Agent can help — get tailored listings & honest advice.