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 Valleys 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.
Features
4236 sq. ft. floor area
crop_free0.6 ac. lot size
cottageOther
Property history for 3840 Baldwin Ave
2023
Sold
Undisclosed
18 May 2023 by Dean Abston, of Berkshire Hathaway Home Service
2018
Sold
$1,415,000
20 Dec 2018
Happy sellers in El Monte
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Local market activity for other properties in El Monte
Sold
For Sale
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