John E Burge

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3840 Baldwin AveEl Monte, CA 91731

Multi-Family · 4,236 Sq. ft. | 0.60 Acres
$2,988,000 Active

3840 Baldwin Ave Overview

Time on Site:
18 days
Visits:
0

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.

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3840 Baldwin Ave Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,236
  • Price/Sq.ft. $705
  • Lot 0.60 Acres

Details

General

Association/HOA

  • Common Interest: None

Income/Expenses

  • Electric Expense: 200.0
  • Gross Income: 135360.0
  • Gross Scheduled Income: 162960.0
  • Insurance Expense: 6200.0
  • Net Operating Income: 120460.0
  • New Taxes Expense: 26000.0
  • Operating Expense: 42500.0
  • Trash Expense: 6500.0
  • Water Sewer Expense: 3600.0

Listing Information

  • Contingency: NA

Building Information

  • New Construction: No
  • Year Built: 1951

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: 619 - El Monte
  • Postal City: EL MONTE

Community/Development

  • Community Features: Sidewalks

Rent/Lease Information

  • Land Lease: No

General Information

  • Listing Terms: Cash,Cash to New Loan,1031 Exchange
  • Parcel Number: 8578008027
  • Property Sub Type: Mixed Use
  • Property Type: Residential Income
  • Rent Control: No
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: No

Building Interior

  • Building Area Total: 4236.0
  • Building Area Units: Square Feet

General Information

  • Appliances: Gas Range
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: 1
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Laundry Features: Washer Hookup,Inside
  • Spa Features: None
  • Spa: No
  • Stories Total: 1

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Features: 11-15 Units/Acre,Back Yard,Front Yard
  • Lot Size Acres: 0.6026
  • Lot Size Area: 26248.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 26248.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 6
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 2
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Property Attached: No

    General Information

    • Number Of Units Total: 7
    • Pool Features: None
    • Pool Private: No
    • Sewer: Public Sewer
    • Utilities: Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

    3840 Baldwin Ave Neighborhood

    Community

    91731 (El Monte) Demographics

    34
    Median Age
    7,811
    Population Density (per sq. mile)
    19%
    College Educated
    $48,723
    Estimated Median Income
    3,015
    Estimated Total Home Owners
    5,107
    Estimated Total Renters
    37% / 63%
    Estimated Owner / Renter Divide
    4
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    3840 Baldwin Ave Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    3840 Baldwin Ave Market Data

    Based on the last 30 days in this zip code

    $807,854
    Average List Price
    $490
    Average Price per Square Foot
    1
    Properties Sold
    89
    Average Days on Market
    84
    Properties for Sale
    Calculations provided by Reliance Network

    3840 Baldwin Ave History

    Date Event Value Agent
    6/18/2026Source: CRMLS Status Change
    Active
    6/11/2026Source: CRMLS Added to Database
    June 11, 2026
    10/24/2022Source: CRMLS Added to Database
    October 24, 2022
    Listing provided courtesy of RE/MAX PREMIER/ARCADIAGUIFENG PENG- MLS# WS26128184MLS ProviderContact Information: [email protected] - 626-229-2200
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