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Listed by GUIFENG PENG, DRE #02160587 • RE/MAX PREMIER/ARCADIA
$ 2,988,000
Est. payment /mo
Active
3840 Baldwin Ave El Monte, CA 91731
0.6 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRWS26128184
Year Built 1951
Lot Size 0.603 Acres
Source California Regional MLS
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 footag
Location
State CA
County Los Angeles
Area 619 - El Monte
Rooms
Kitchen Oven Range - Gas
Interior
Heating Gas, Wall Furnace
Laundry 30, Other
Exterior
Pool 31, None
View None
Building
Water District - Public
Others
Tax ID 8578008027
Special Listing Condition Not Applicable
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