About This Home
This 9-bedroom, 6-bathroom commercial at 3840 Baldwin Ave in El Monte, CA is listed for $2,988,000. Built in 1951, on a 0.60 acres lot.
Key Features
- Built in 1951
- 0.60 acre lot
- Fireplace
Property Details
Amenities
Excellent investment opportunity in the City of El Monte. This income-producing property features 7 rental units across 6 buildings on a spacious 26,248 SF lot, offering a rare combination of stable cash flow and long-term upside potential. Ownership has recently completed full renovations on four units, including new kitchens, updated bathrooms, n
ew flooring, fresh interior paint, and modern finishes, significantly enhancing tenant appeal and rental value. Current rental income provides immediate returns while still offering future rent growth potential. Situated in a convenient location near shopping centers, restaurants, schools, public transportation, and major freeways, the property benefits from strong rental demand and excellent accessibility.
The expansive lot provides exceptional long-term value and may offer future expansion or redevelopment opportunities. A rare opportunity for investors seeking strong income, value-add potential, and long-term appreciation in the heart of the San Gabriel Valley.
Monthly Cost Estimate
$15,980/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3840 Baldwin Ave
El Monte, CA 91731
Property Details
Heating
Appliances
Questions & Answers
This 9-bedroom, 6-bathroom commercial at 3840 Baldwin Ave is listed at $2,988,000. The estimated monthly payment is $15,981 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1951, 0.60 acre lot, Fireplace.
This property is listed by GUIFENG PENG and can be reached at 6188086666.