3840 Baldwin Ave, El Monte, CA 91731
3840 Baldwin Ave, El Monte, CA 91731
3840 Baldwin Ave, El Monte, CA 91731
3840 Baldwin Ave, El Monte, CA 91731
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Bobby And Michelle Schaffer

Bobby And Michelle Schaffer

+1(951) 533-7744
$ 2,988,000
Est. payment | /mo

0.6 Acres Lot


Save
$ 2,988,000
Est. payment | /mo
Save

0.6 Acres Lot

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS26128184

HOA Y/N No

Year Built 1951

Lot Size 0.603 Acres

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.

Location

State CA

County Los Angeles

Area 619 - El Monte

Interior

Heating Natural Gas, Wall Furnace

Fireplaces Type Gas

Fireplace Yes

Appliance Gas Range

Laundry Washer Hookup, Inside

Exterior

Pool None

Community Features Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Private Pool No

Building

Lot Description 11-15 Units/Acre, Back Yard, Front Yard

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 8578008027

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by GUIFENG PENG RE/MAX PREMIER/ARCADIA 618-808-6666, DRE #02160587

Nearby Locations

Bobby And Michelle Schaffer

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(951) 533-7744

sold@legacyhouserealty.com

Temecula , California, 92592, USA

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3840 Baldwin Ave