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

1 story
6 full
1951

Amenities

Fireplace
Listing Description

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

Principal$2,161
Interest$12,948
Insurance$872

Estimates only. Actual payments may vary.

Location

3840 Baldwin Ave

El Monte, CA 91731

Property Details

Heating

Wall FurnaceNatural Gas

Appliances

Gas Range

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.

GP

GUIFENG PENG

License 02160587

Agent at Rhea Bai

Listed by Rhea Bai · Broker phone: (626) 589-7958 · Broker website

MLS# WS26128184· Source: California Regional Multiple Listing Service, Inc· 148 days on PropertySimple

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3840 Baldwin Ave, El Monte, CA 91731

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